Many companies aspire to be a mid-tier gold producer, but few actually become one. There’s the small matter of finding a deposit that will yield good profit margins, and then there are financing issues, political risks and operational…
The Guyanese mining sector is looking to Canada for investment and support as the South American nation moves to further develop its mineral resources.
The landslide election of Michel Martelly as president of Haiti last year is already bringing positive results to the impoverished Caribbean nation, Daniel Hachey, president and chief executive of Majescor Resources (MJX-V), believes.
Toronto-based Inmet Mining (IMN-T) is on the periphery of a pitched battle between Panamanian President Ricardo Martinelli and indigenous groups protesting the government’s aggressive resource-expansion policies.
FDG Mining (FDG-V) is proving up resources at the past-producing Topacio gold-silver concession in central-eastern Nicaragua with an ongoing, two-phase drill program.
Vancouver — Hard work appears to be paying off for London-based Rambler Metals and Mining (RAB-V, RMM-L). The company has reported three-month operational highlights, including maiden-gold production details from its Ming gold-copper mine…
In the gold mining game some juniors go off to look for the next big elephant in far flung places that have seen nary a drill collar… while others take a more conservative approach.
Drill results from Cinco de Mayo, 190 km north of the city of Chihuahua in Mexico, indicate continuous mineralization over a 400-metre dip length with mineralization remaining open down dip and along strike, MAG Silver (MAG-T, MVG-X) reports.
Vancouver — Referred to by its chairman as a ‘challenging year’, Jaguar Mining’s (JAG-T) saw costs rise and profits fall in 2011 despite an increase in gold production and the price of gold.
Vancouver — Toronto-based Volta Resources (VTR-T) and Vancouver-based Riverstone Resources (RVS-T) are separately hunting for gold in the small West African country of Burkina Faso.
Skyline Gold (SK-V) is hunting for high-grade gold in the Golden Triangle in northwest British Columbia at its Iskut property, with hopes of striking it big.
Magellan Minerals (MNM-V, MAGNF-O) has bulked up its resources at its Coringa project in Brazil’s Para State.
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