Bid-ask (March 14, 2011)
12-MONTH
2011
Endeavour adds resources at Youga
In a bid to extend the lifespan of its Youga gold mine in Burkina Faso, which produced 82,400 oz. gold in 2010, West Africa-focused gold producer Endeavour Mining (EDV-T) is adding resources at three deposits within 3 km of the Youga plant.
Candente works to advance and sell Canariaco Norte
Vancouver – Having sharply cut back operations during the global recession, Candente Copper (DNT-T) is coming back to life with a completed prefeasibility study, an updated resource and new financing.
Sennen and North Arrow turn to Arctic gold
Sennen Resources (SN-V) is showing its faith in Arctic gold by cutting a deal with North Arrow Minerals (NAR-V) for a stake in its Hope Bay Oro gold project in Nunavut.
EurOmax reports gold resource in Bulgaria
In early February EurOmax Resources (EOX-V) released its first National Instrument 43-101 resource estimate on the Logo gold prospect at its 100%-owned Trun gold project in Bulgaria.
Columbus sets sail for French Guiana (March 11, 2011)
Vancouver – France is hardly considered a hotbed of mining potential, but Columbus Gold (cgt-v) sees the part of the country tucked away in the South American jungle as just that.
Copper Canyon ‘very pleased’ with sweetened NovaGold bid (March 11, 2011)
Vancouver – Just one month after dismissing the Dec. 20, 2010, takeover bid of joint venture partner NovaGold Resources (ng-t, ng-x) as “inadequate,” and only one week after suing it for allegedly failing to honour certain terms of the JV…
Problems plague Century’s Lamaque mine (March 11, 2011)
Vancouver – A failed cone crusher was the latest of several setbacks over the past year at Century Mining’s (cmm-v) Lamaque underground gold mine in Val d’Or, Que. The loss of the crusher shut down the Lamaque mill for nine days in February,…
Minera Andes makes headway at San Jose mine (March 11, 2011)
Exploration drilling in and around the San Jose underground mine in Argentina last year uncovered 7.5 km of new high-grade silver-gold veins, a 44% year-on-year increase in the cumulative strike length of all the known veins at the mine, Minera…
American Vanadium targets 2012 for Gibellini production (March 10, 2011)
SITE VISIT: Eureka, Nevada – A little ways off a quiet highway in eastern Nevada, freshly re-branded American Vanadium (AVC-V) is working to bring a vanadium heap leach operation to life.
First Mexican’s Guadalupe drill results
Vancouver – Recently-listed First Mexican Gold (FMG-V) has released gold-silver assay results from its Guadalupe project in Mexico’s Sonora State.
Equinox generates good cash flow but struggles with rising costs
With Equinox Minerals’ (EQN-T, EQN-A) bold bid for Lundin Mining (LUN-T) — to be financed by a $3.2 billion bridge loan — top of mind, the release of its year-end financial results attracted a little more attention than usual….