2013

Drill core at the geologist base camp near Semafo's Mana gold mine in Burkina Faso. Source: Semafo

Semafo impresses with high-grade reserves

VANCOUVER — The future is looking brighter for Montreal-based gold producer Semafo (TSE: SMF; NYSE: SEMFF) at its Mana mine in Burkina Faso, after a reserve update showed higher-grade ounces at the company’s satellite Siou deposit.


B.C. Minister of Energy and Mines Bill Bennett (left) joins Taseko Mines president and CEO Russell Hallbauer onstage at the company's Gibraltar mine-expansion celebration in B.C. Photo by Gwen Preston.

Taseko celebrates an improved Gibraltar mine

WILLIAMS LAKE, B.C. — When Taseko Mines (TSX: TKO; NYSE-MKT: TGB) reopened Gibraltar near Williams Lake in 2006, the 36-year-old mine had enough ore to feed its 30,000-tonne-per-day mill for just over three years.



An exploration vessel at Nautilus Minerals' Solwara 1 underwater project, in 2010.  Source: Nautilus Minerals

Nautilus, PNG await arbitration decision

VANCOUVER — In 2011 it looked like Nautilus Minerals’ (TSX: NUS; US-OTC: NUSMF) pioneering plan to mine high-grade sea floor sulphide deposits might actually work. The company had permits, a joint venture with the Papua New Guinea…


Geologists study drill cuttings at the Beatons Creek gold project in western Australia (2012). Source: Novo Resources

Newmont takes large stake in Hennigh’s Novo Resources

Newmont Mining (TSX: NMC; NYSE: NEM) has acquired a 35.7% stake in Novo Resources (CNSX: NVO), a Vancouver-based junior that is earning a 70% interest in two exploration properties in the Eastern Pilbara shire of Western Australia that…




Correction

The story “Detour Lake drilling yields new gold structure” (T.N.M., Sept. 23–29/13) incorrectly identified BMO Capital Markets analyst Brian Quast as the author of a research note which was, in fact, authored by BMO Capital…



Leach-pad construction at Marlin Gold Mining's Trinidad gold project in Sinaloa, Mexico. Source: Marlin Gold

Production is right around the corner for Marlin Gold

It’s not every day that you come across a junior that is on the brink of production and generating cash within four to six months, whose largest shareholder is a hedge fund with an 80% ownership stake, whose management team is headed by…


Eurasian explores new gold region at Koonenberry

WHISTLER, B.C. — When it comes to project generators, there aren’t many companies with a global reach quite like Vancouver-based Eurasian Minerals (TSXV: EMX; NYSE-MKT: EMXX). The company is active across Europe, the Middle East and…


U.S. markets, Sept. 23-27

The major U.S. indexes slipped, with the Dow Jones Industrial Average retreating 192.85 points to 15,258.24, putting an end to three weeks of gains. The S&P 500 Index fell 18.16 points to 1,691.75; the Philadelphia Gold and Silver Index…


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