2012

Barrick’s Q3 fails to impress

Barrick Gold (ABX-T, ABX-N) has unveiled another disappointing quarter, as it wrestles rising costs, project delays and shrinking profits. And it’s prompted investors who expected a better third quarter to drive down the stock.


Lake Shore catches its breath

Lake Shore Gold (LSG-T, LSG-X) is pushing for redemption after falling out of investor favour in early 2011 with disappointing production at its two gold mines near Timmins, Ont.



Core boxes stacked at Largo Resources' Maracas vanadium project in Brazil. Source: Largo Resources

Cashed-up Largo to enlarge stake in Maracas

A $10-million private placement that closed on Nov. 1 gives strategic metals junior Largo Resources (LGO-V) the juice it needs to purchase the remaining 10% of the Maracas vanadium project in Brazil that it doesn’t already own.



Cuervo Resources chairman Gordon Watts at the Cerro Ccopane project. Photo by Salma Tarikh

Cuervo jumps back into action in Peru

Iron ore explorer Cuervo Resources (FE-C) may be on to something big as it drills off the Bob 1 zone, one of the two large targets on its flagship Cerro Ccopane iron ore property in southern Peru.


Brucejack project camp. Source: Pretium Resources

Pretium works to conquer the Valley of the Kings

Driving to complete a feasibility study on its wholly owned Brucejack gold-silver project, 65 km north of Stewart, B.C., Vancouver-based Pretium Resources (PVG-T, PVG-N) has released an updated resource estimate on its Valley of the Kings zone.



UBC, SFU win $25 million Federal mining grant

VANCOUVER — Two Vancouver-based universities have been selected to spearhead the establishment of the upcoming Canadian International Institute for Extractive Industries and Development. The University of British Columbia (UBC) and Simon…



Rebel group consolidates position in DRC

Rebel fighters from the M23 group in the Democratic Republic of Congo have pushed past Goma, the capital of North Kivu province, to the town of Sake, 20 km to the west, and claim they plan to march to Kinshasa, the country’s capital.


Slater talks early-mover status in Kazakhstan

VANCOUVER — Business partners Ian Slater and Robert Bell have had their sights set on potential mining plays in Kazakhstan since the country declared independence from the Soviet Union in the early 1990s. Roughly twenty years later, it…


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