Eldorado Gold gets go-ahead for land clearing at Skouries
VANCOUVER — Greece’s highest court has temporarily cleared the way for Eldorado Gold (ELD-T, EGO-N) to restart surface clearing at its 95%-owned Skouries gold project.
2012
Alacer boosts production and stock rises
Alacer Gold (ASR-T) managed to wring more production out of two of its mines and in doing so made up for disappointing results from another.
Rosemont will cost more, Augusta says
Shares of Augusta Resource Corp. (AZC-T) closed 7.8% lower at $1.66 per share following the release of an updated feasibility study that estimates higher capital and operating costs for its Rosemont copper project near Tucson, Arizona.
Seabridge falls flat on Courageous Lake’s PFS
Seabridge Gold’s (SEA-T, SA-X) Courageous Lake project in Canada’s Far North is economic at current gold prices based on a prefeasibility study (PFS) released on July 24, however, the project’s prospects appear dim at the…
Goldcorp remains on target at lonore
VANCOUVER — Goldcorp’s (G-T, GG-N) new Éléonore gold mine under construction in northern Quebec’s James Bay region is a cornerstone of the company’s four-year expansion of operations worldwide.
Venture edges up in July 16-20 period
VANCOUVER — The S&P TSX Venture Composite Index climbed 9.23 points in the July 16-20 period to end at 1,196.19 points after three days of gains outweighed two days of losses. Volume would have increased noticeably were it not for a…
Northair finds more to draw on from La Cigarra
International Northair Mines (INM-V) continues to pull stellar core out of its La Cigarra silver project in Mexico.
TSX moves up during the July 16-20 week
The S&P/TSX Composite Index gained for four straight sessions during the July 16-20 trading week, before dipping on July 20 to end at 11,622.91 points, up 108.38 points from where it began.
U.S. equities manage small gain, July 16-20
Wall Street enjoyed a three-day winning streak and ended the July 16-20 trading week in positive territory despite sobering news on Friday that Spain’s indebted region of Valencia had asked the central government for financial aid,…
Avala unveils maiden 1.5M oz. gold resource in Serbia
Canadian explorer Avala Resources (AVZ-V) is making strides towards establishing a multi-million ounce, near-surface gold deposit in the historic mining region of Timok in eastern Serbia. Avala released the first of three scheduled resource…
Goldcorp sees production shortfalls at Penasquito, Red Lake
A day after Goldcorp (G-T, GG-N) cut its 2012 production guidance, the company saw its share price take a hit.In Toronto on July 11, Goldcorp shares approached a 52-week low of $32.52. They fell $3.74, or 10% to $33.89, on 6.1 million shares…
Alamos makes headway in Turkey
Alamos Gold (AGI-T) has outlined a positive mining scenario at its Turkish gold assets, Kirazli and Agi Dagi, and revealed an inferred resource for its Camyurt project, also in Turkey’s northwest. A new prefeasibility study shows…