Giustra behind US$300 million sale of Goldcorp mines to junior
Vancouver In what looks to be a US$300 million pruning exercise, Goldcorp (G-T, GG-N) is spinning out mines in Au…
Gold
U.S. Gold in search of the Holy Grail
Robert McEwen, chairman and CEO of U.S. Gold (UGX-T, UXG-X), looks to the recent discovery of the 8-million-oz. Cortez Hills deposit by Placer Dome (now Barrick Gold [ABX-T, ABX-N]) as the motivation …
Queenstake, YGC to tie knot (February 19, 2007)
The wait by the phone is over for Queenstake Resources (QRL-T, QEE-X), which has found a merger partner in Vancouver-based YGC Resources (YGC-T, YGCFF-O).
Egypt wants role on global mining stage
While the recent trend in some developing countries has been to decry foreign direct investment and increase state control over mineral assets, Egypt seems to be moving in the opposite direction.
Canyon ready to reopen Briggs gold mine
All Canyon Resources (CAU-X) needs to get things rolling at its Briggs gold mine in Inyo Cty., Calif., is some cash.
Aurizon finds new gold zone at Casa Berardi (February 19, 2007)
As its Casa Berardi gold mine in the Abitibi region of northwestern Quebec ramps up to full production, Aurizon Mines (ARZ-T, AZK-X) has discovered a new gold-bearing quartz zone on the property.
Staccato eyeing Eureka gold
Vancouver — Aiming to prove that the best place to look for a new mine is near an old one, Staccato Gold Resources (CAT-V, STCGF-O) set out four years ago to acquire a large land position in Nevada, …
Committee Bay delivers Aussie high-grade
Vancouver — Redemption joint-venture partners Committee Bay Resources (CBR-V, CBYRF-O) and Focus Minerals (FML-A) like what they see so far in drilling at the Perseverance gold deposit in the Coolgar…
Goldcorp gets permit for Mexican mine (February 19, 2007)
Vancouver — Goldcorp (G-T, GG-N) has received construction permits ahead of schedule for what is expected to be Mexico’s largest gold mine, once it is running at full speed in 2012.
Centerra weathers stormy 2006
As its fourth-quarter results laid bare, 2006 was not a banner year for Centerra Gold (CG-T, CAGDF-O).
Minires du Nord hits high-grade under Tulawaka pit
As Minires du Nord (Northern Mining Explorations) (MDN-T) gets ready to boost production at its Tulawaka open-pit gold mine in Tanzania, drill results for a potential underground mine have verified t…
Centerra and Eldorado squash rumours
Centerra Gold (CG-T) and Eldorado Gold (ELD-T, EGO-X) took the unusual step of taking time to respond to the rumour…