Entourage Metals (EMT-V) has added a second drill rig to its Black Raven gold prospect in the Schreiber-Hemlo greenstone belt of Northern Ontario following encouraging first-pass drill results.
Vancouver – There are few countries in the world without active mineral exploration, but before Brilliant Resources (BLT-V) showed up Equatorial Guinea was one of them.
Robert Quartermain’s Pretium Resources (PVG-T, PVG-N) has started the new year with a bang, announcing plans on Jan. 19 to raise $18.5-million in flow-through funds at $18.50 a share. The bought-deal financing led by Salman Partners represents…
Vancouver – Northern Freegold Resources (NFR-V) has added significantly to the overall resources at its Freegold Mountain project in Yukon thanks to an initial resource on its Revenue deposit.
Rio Tinto (RIO-N, RIO-L) is moving ever closer to increasing its stake in Oyu Tolgoi through Ivanhoe Mines’ (IVN-T, IVN-N) equity. After winning a court ruling in late December of last year the sting was removed from Ivanhoe’s shareholders…
The Caspiche project in northern Chile’s Maricunga gold district has a pre-tax net present value at a 5% discount rate of US$2.8 billion and a pre-tax internal rate of return of 11.5%, according to Exeter Resource’s (XRC-T, XRA-X)…
London, U.K. – A report by Thomson Reuters and metals analyst firm GFMS predicts the price of gold will rally to all-time highs in late 2012 before reaching the closing stages of its decade-long bull run sometime in 2013.
Kinross Gold’s shares fell 20% a day after the company said it’s reviewing its three growth projects to improve “capital allocation, project sequencing and investment returns.”
Iamgold (IMG-T, IAG-N) reported production of 253,000 attributable ounces of gold in the fourth quarter of 2011, the company’s best quarter of the year. Full-year production in 2011, including production from discontinued businesses, was…
Vancouver – Dominican Republic-focused Unigold (UGD-V) saw its share price double on news of some impressive gold intercepts from its Neita property in the country.
Recent drilling at Tigray Resources’ (TIG-V) flagship Harvest copper-gold-silver project in northern Ethiopia has returned several new high-grade intercepts, including 21 metres grading 5.7% copper, 1.5 grams gold per tonne, 18 grams silver per…
It all started with a phone call. On the line was Standard Bank, looking to auction off some Peruvian properties after a joint venture between two majors had gone sour. On the other end of the line was Panoro Minerals (PML-V), which had worked…
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