2013

The view from atop West Kirkland Mining's TUG gold deposit on the Utah-Nevada border. Photo by Matthew Keevil.

West Kirkland’s PEA at TUG hit by lower gold price

VANCOUVER — Nevada-focused gold explorer West Kirkland Mining (TSXV: WKM; US-OTC: WKLDF) has unveiled a preliminary economic assessment (PEA) for its TUG gold-silver deposit on the Long Canyon gold trend along the Utah-Nevada border in…


Probe Mines CEO David Palmer (far right) leads a tour of the Borden gold project in northern Ontario. Source: Probe Mines

Probing Chapleau for more than just timber

CHAPLEAU, ONT. — Play the game of word association with anyone who has heard of the small town of Chapleau, located west of Timmins in northern Ontario, and lumber, wildlife and railcars are bound to come up.


Analysts flag Cardero’s low cash flow

Cardero Resource’s (TSX: CDU; NYSE-Arca: CDY) largest shareholder, Luxor Capital Group, is offering to restructure its existing loan and even take over the company to dissuade Cardero from completing a debt financing with new lenders…



Toronto Stock Exchange, Aug. 6-9

The holiday-shortened trading period wasn’t a typical one for the S&P/TSX Composite Index. While often the index will trend in line with the resource sector that makes up a large part of it, for this period the two moved in opposite…



Mining engineers make plans at African Barrick's Buzwagi mine in Tanzania. Source: African Barrick

African Barrick hit with US$543M writedown at Buzwagi

VANCOUVER — Based on production metrics, Tanzania-focused African Barrick Gold (LSE: ABG; US-OTC: ABGLF) is having a relatively good start to 2013. Over the past six months the company has beaten analysts’ earnings…


Employees pose for a picture at Teranga's Sabodala gold project in Senegal (2013). Source: Teranga Gold

Oromin turns friendly to Teranga offer

Teranga Gold (TSX: TGZ; US-OTC: TGCDF; ASX: TGZ) and Oromin Explorations (TSX: OLE) have found an amicable way for Teranga to acquire whatever Oromin equity it doesn’t already own.



The exploration camp at International Tower Hill's Livengood project in Alaska. Source: International Tower Hill

ITH’s Livengood struggles at today’s gold price

It doesn’t look like International Tower Hill Mines’ (TSX: ITH; NYSE: THM) huge Livengood gold project in Alaska will be hosting a mine construction crew any time soon. The company has released a feasibility study…




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