Perseverance Paying Off For Castle Gold In Mexico
SITE VISIT DURANGO, MEXICO — John Wayne was here. En route to Castle Gold’s (CSG-V, CSGLF-O) El Castillo gold mine, about an hour and a half north of Durango on…
Gold
Russia: A Land Of Opportunities And Risks
In our April 27-May 3/09 issue, we wrote about Russia’s new strategic sectors law, and about the Canada-Russia Mining Conference, organized by the Canada Eurasia Russia Business Association (CERBA) an…
Freeport’s Q1 Revenue Cut In Half
Overall production was up and gold revenues from its Grasberg copper- gold mine in Indonesia completely offset production costs, but Freeport-McMoRan Copper & Gold (FCX-N) still posted a significa…
Sumitomo Buys Teck’s Pogo Stake
Debt-laden Teck (TCK. B-T, TCK-N) has struck a deal to sell its 40% interest in the Pogo gold mine in Alaska to its majority partner Sumitomo Metal Mining for about US$245 million in cash.
Barrick Puts Buzwagi Into Production
Barrick Gold (ABX-T, ABX-N) has poured the first gold at its Buzwagi project, in northwestern Tanzania, in the second quarter of 2009.
More Gold At Chirano And Tasiast For Red Back
VANCOUVER — Red Back Mining (RBI-T, RBIFF-O) has boosted resources and reserves at both its operating open-pit gold mines in West Africa.
Goldcliff Hits Shallow Gold In Southern BC
VANCOUVER — Drills probing beneath the Bonanza trench at the Panorama Ridge property in southern British Columbia have returned some significant near-surface gold intercepts for Goldcliff Resource (G…
Donlin Creek Costs Hit US$4.5B
VANCOUVER — NovaGold Resources (NG-T, NG-X) has been hit with another massive projected capital cost increase: an updated feasibility study for the Donlin Creek gold project in Alaska pegged developm…
Tower Hill Keeps Hitting Gold At Livengood
VANCOUVER–The Livengood gold deposit in Alaska just keeps growing for International Tower Hill Mines (ITH-V, THM-X).
Kyrgyz Government Goes From Cruel To Kind For Centerra
Good news is shining on Centerra Gold (CG-T, CAGDF-O) from Kyrgyzstan.
Spring Cleaning Polar Star’s Boardroom
Leading a proxy battle is no easy task, says Polar Star Mining (PSR-V, POSRF-O) president and CEO Douglas Willock, who just got his old job back after launching and winning a proxy battle that led to …
Chesapeake Gold to use 14.7-million oz. resource in scoping study
Chesapeake Gold (CKG) has deemed the Metates gold-silver project in Durango state, Mexico to have measured and indi…