Copler Saddle zone shows mine potential, Alacer says
Alacer Gold’s (TSX: ASR) Copler Saddle shear zone sits on the western periphery of the company’s Copler open-pit mine in eastern Turkey, 1,100 km southeast of Istanbul and 550 km…
Alacer Gold Corp
Alacer tables resource for Ardich in Turkey
Alacer Gold (TSX: ASR; US-OTC: ALIAF) has tabled a maiden resource for its Ardich gold deposit, located 6 km northeast of its 80%-owned Copler gold mine in east-central Turkey. The…
PDAC 2017: What’s wrong with hedging?
Barrick Gold (TSX: ABX; NYSE: ABX) pioneered gold hedging more than two decades ago, but the company endured sharp criticism when the strategy became a liability, and management eventually closed…
Mariana Resources acquires first African project
Mariana Resources (TSX: MRY) is on the verge of releasing a preliminary economic assessment of its Hot Maden joint-venture gold-copper project in Turkey and gearing up for a mid-year field…
It’s official: Lydian to start construction at Amulsar
Lydian International (TSX: LYD) has decided to build Armenia’s largest gold mine, with the first gold pour anticipated in 20 months. The company has more than 80% of the financing…
A sobering look at gold M&A since 2010
Raymond James analyst Phil Russo has reviewed 67 mergers and acquisitions (M&A) in the gold space since 2010 to determine how many are viable producing, developing and streaming deals. He has found that 40% of transactions would not recoup…
Suppliers news: Amec Foster Wheeler gets more work at Copler in Turkey
Amec Foster Wheeler has been awarded the initial phase of an engineering, procurement and construction contract for the sulphide expansion project at Alacer Gold’s (TSX: ASR) 80%-owned Copler gold mine in eastern Turkey.
Alacer boosts leaching capacity at pler
Alacer Gold (TSX: ASR) says it can increase the heap-leach capacity at its 80%-held Copler gold mine in Turkey to extend oxide gold production beyond 2017.
Eric Roth’s Aegean Metals sees upside in Turkey
VANCOUVER — It was a quiet couple of years for Eric Roth after Yamana Gold (TSX: YRI; NYSE: AUY) snapped up his Extorre Gold Mines and its Cerro Moro project in Argentina for US$400 million in mid-2012. But now as president…
Alacer plans sulphide expansion at Copler
VANCOUVER — For US$660 million Alacer Gold (TSX: ASR; US-OTC: ALIAF) could add a sulphide circuit to its heap-leach Copler (“Çöpler” in Turkish) gold mine in Turkey, an expansion that should pay for itself in the…
Alacer focuses on upside in Turkish portfolio
VANCOUVER — Following a strategic decision to sell-off its Australian portfolio for roughly US$36 million in late October, U.S.-based producer Alacer Gold (TSX: ASR; US-OTC: ALIAF) is all about Turkey. The company delivered a…
Alacer says ‘hooroo’ to Australia
It is no secret that lower gold prices are making management teams leaner. But a lesser-discussed result of all the cost-cutting is that geographical diversification can also be lost.