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2011
Riverside and partners busy drilling four properties at once
Prospect generator Riverside Resources (RRI-V) is hoping its “shared-risk business model” will finally return dividends to shareholders this year in the form of a significant mineral discovery. The company has four drill programs running at the…
Terraco Gold is off to a solid start in Idaho, Nevada
When you have an exploration team led by Charles Sulfrian and Ken Snyder – geologists who were instrumental in the discovery of major gold mines in Nevada, including Barrick Gold’s (ABX-T, ABX-N) Goldstrike mine and Newmont Mining’s (NMC-T,…
Fronteer ex O’Dea raising $20M for Blue Gold Mining
Fresh from the $2.3-billion sale of his Nevada-focused explorer Fronteer Gold in February, Vancouver-based Mark O’Dea has announced plans to raise up to $20 million for his new company, Blue Gold Mining (BGX-V).
More M&A to come, Canaccord says
Despite strong gold producers and declining gold equity valuations, mergers and acquisitions in the gold sector have been fairly limited this year. But Canaccord Genuity argues that’s about to change.
Investors applaud first resource for Bellhaven’s La Mina
Shares of Bellhaven Copper & Gold (BHV-V) jumped 14¢, or 28%, on Sept. 13 to close at 64¢ on 1.2 million shares traded after the company released a maiden resource estimate for its La Mina gold-copper-porphyry project in central…
Nevada Copper expands mineralization at Pumpkin Hollow
A 20,000-metre step-out and expansion drill program at Nevada Copper’s (NCU-T) Pumpkin Hollow copper project in Nevada continues to expand mineralization in the North deposit, the company says.
Lupaka’s 1.2M oz. gold deposit attracts former Canuck as investor
June 2011 was certainly not the best of times to launch a new Peru-focused gold explorer. But the plan to take Lupaka Gold (LPK-T) public – hatched by long-time mining executive Gordon Ellis, with the help of Vancouver Canucks hockey legend…
Takeover bid for Hathor becomes heated
Cameco’s (CCO-T, CCJ-N) hostile takeover bid for Hathor Exploration (HAT-T) turned uglier when the uranium producer slammed the credibility of the junior’s preliminary economic assessment (PEA) for its Roughrider deposit in northern…
Niobec stake could be cash cow for Iamgold
Iamgold (IMG-T, IAG-N) made it clear back in June that it was looking to monetize 10% to 20% of its Niobec niobium mine in the near term, but the recent sale of a 15% stake in a Brazilian niobium producer to a Chinese consortium has set tongues…
CuOro gets good results from Santa Elena
CuOro Resources (CUA-V) has released positive initial drill results from its Santa Elena copper-gold near-surface volcanogenic massive sulphide project in Colombia.
New horizons: Imagine no diesel haulage trucks, it’s easy if you try
The following is the edited text of a speech given by Alex Henderson, general manager of mines and mill technology for Vale’s North Atlantic region in Sudbury, Ont., to announce a $49-million investment in Vale’s Copper Cliff Mine 114 Orebody…