Alexis is on the move
This year will be busy one for Alexis Minerals (AMC-T) as it continues to fix the operating Lac Herbin gold mine in Val-d’Or, Que., and moves the Snow Lake gold mine in Manitoba closer to production.
2012
Low cost recoveries lift U3O8 Corp.
Initial metallurgical testing at U3O8 Corp.’s (UWE-V) Berlin project in Colombia are in and the prospect of lower extraction costs had the company’s shares riding high.
Shareholder accuses Baja Mining of “culture of nepotism”
Mount Kellett Capital Management–the largest shareholder in Baja Mining (BAJ-T) with 19.9% of its shares–is criticizing the Vancouver-based junior for what it describes as a “prevailing culture of nepotism and preference at the company.” Baja…
Midas has the golden touch in Idaho
Just six months after completing its $45.2-million initial public offering in July 2011, Midas Gold (MAX-T) has firmly emerged as the leading gold explorer in Idaho following the state’s recent resurgence as a prospective mining jurisdiction.
Guyana Goldfields updates Aurora parameters
Guyana Goldfields (GUY-T) will release the findings of a definitive feasibility study on its Aurora gold project in late February following a four-week peer review, the company says, and a revised resource estimate will be out before the end of…
Victoria hits silver near its Yukon gold project
Vancouver – Victoria Gold (VIT-V) has hit several silver intercepts in its first drill program on the Rex-Peso target near its flagship Eagle Gold deposit in the Yukon.
St. Elias falls on the drill
Disappointing drill results from the Tesoro gold project in Peru sent St. Elias Mines (SLI-V) shares tumbling on Wednesday.
Woulfe starts outlining Muguk’s charm
Woulfe Mining, (wof-v) pleased with an initial resource at the Muguk gold-silver project in South Korea, has started a scoping study at the past-producing mine.
Int’l Minerals to have 4 gold-silver projects at feasibility stage in 2012
International Minerals (IMZ-T) has completed a positive feasibility study for its 40% owned Inmaculada underground gold-silver project in southern Peru, where it anticipates annual gold and silver production totalling 194,000 oz….
Korean partners exercise option in Cobre Panama
Korea Resources Corp. and LS-Nikko Copper are exercising their option to take a 20% stake in Cobre Panama, a large open-pit copper development project in Panama owned by Inmet Mining (IMN-T).
Three companies better than one for Western Copper family
Vancouver – Convinced its portfolio of projects weren’t being adequately appreciated in the market, Yukon-focused Western Copper last year decided to spin out everything but its flagship Casino project into two new companies.
Pacific North jumps on River Valley
Pacific North West Capital (PFN-T) saw it shares surge 24% as it released another nine assays from its River Valley primary platinum group metals (PGM) deposit near Sudbury, Ont.