Goldcorp sells Osisko investment for $530 million
Goldcorp (G-T, GG-N) has sold its 10.1% equity interest in Osisko Mining (OSK-T) for roughly $530 million.
Gold
Salazar expands deposit and market cap
Salazar Resources (SRL-V) has expanded its El Domo deposit in Ecuador with the latest round of drilling and the market likes what it sees. Highlight intercepts came out of three separate holes and included: 27.61 metres grading 2.12 grams…
Roundup: We need more discoveries, part II (February 07, 2011)
Last week, we presented the Canadian exploration projects highlighted at the Mineral Exploration Roundup presented by the Association for Mineral Exploration British Columbia (AME BC). This week, we turn to the international scene.
CANADIAN GOLD MUTUAL FUNDS (February 07, 2011)
Fund name Jan. 31 Jan. 24ChangeChangeYTDMER*Assets*
More long intercepts for Trelawney (February 07, 2011)
Trelawney Mining and Exploration (TRR-V) has raised expectations in a short period of time. So much so that the latest drill results, that would be the envy of many junior gold explorers, failed to impact the company’s stock value.
Bjorkdal grows 50%
The overall resource at Gold-Ore Resources’ (GOZ-T) Bjorkdal gold mine in Sweden has grown by more than 50% from the previous estimate reported last March.
Sunridge gets results
Sunridge Gold (SGC-T) has released assays from the first four of 35 holes drilled to define the Debarwa copper-gold-zinc VMS (volcanogenic massive sulphide) deposit at its Asmara project in Eritrea.
Shanta Gold makes headway in Tanzania (February 07, 2011)
Junior Shanta Gold (SHG-L) wants to make the leap from explorer to gold producer within two years. On Jan. 25, Shanta said it is on track to complete a detailed feasibility study by the end of June on its Singida gold project in central…
Nautilus secures deep-sea mining lease (February 07, 2011)
A pioneering deep-sea mining operation is a big step closer to reality after the Papua New Guinea (PNG) government granted a mining lease to Nautilus Minerals (NUS-T, NUS-L) for its Solwara 1 copper-gold project in the Bismarck Sea.
Paramount expands San Francisco
The final assays results from the remaining 28 holes completed during the 2010 drill program on Paramount Gold and Silver’s (PZG-T, PZG-X) San Miguel project in Mexico continue to confirm the potential for near-surface, bulk-tonnage…
Joe Conway’s Primero has big plans for San Dimas
Before he stepped down a year ago as president and chief executive of Iamgold (IMG-T, IAG-N), Joseph Conway successfully transformed the company from a $50-million joint-venture player to a $6-billion leading intermediate gold producer. Now the…
First Quantum to expand Kansanshi
Already one of the largest copper-producing companies, First Quantum Minerals’ (FM-T, FQM-L) plan to expand production capacity in Zambia at its Kansanshi copper-gold mine by 60% to about 400,000 tonnes of copper per year by 2015 and advance…