Volume 100 Number 10 Apr 21 - 27, 2014

Augusta Resource president and CEO Gil Clausen.

Augusta’s Clausen on Hudbay bid, other suitors

Nine interested parties — including a number of “significant industry players” — have signed confidentiality agreements to review the Rosemont copper project in Arizona, Augusta Resource (TSX: AZC; NYSE-MKT: AZC) says.


The story “NovaCopper boosts resources at Bornite” (T.N.M., March 31–April 6/14) incorrectly stated the inferred contained copper figures for both the in-pit and below-pit estimates at Bornite, which were stated in millions…

Machinery in action at Kinross Gold's Tasiast gold mine in western Mauritania, 300 km north of the capital Nouakchott. Credit: Kinross Gold

Kinross cuts Tasiast expansion costs

Kinross Gold (TSX: K; NYSE: KGC) has slashed the projected start-up costs of a mill expansion project at its Tasiast gold mine in Mauritania by 41% to US$1.6 billion, as shown in a new feasibility study, but intends to wait until 2015 before…

Wheeler River senior project geologist Chad Sorba. Credit: Denison Mines

Denison’s drills hit new high-grade zone at Wheeler River

VANCOUVER — Denison Mines’ (TSX: DML; NYSE-MKT: DNN) Wheeler River property is already home to the high-grade and still-growing Phoenix deposit, which has 52.3 million indicated lb. uranium oxide (U3O8) at an average grade of 15.6%….

The crusher building at Lake Shore Gold's Bell Creek gold mill, 20 km northeast of Timmins, Ontario. Credit: Lakeshore Gold

Lake Shore rises on strong Q1 production

Shares in Lake Shore Gold (TSX: LSG; NYSE-MKT: LSG) rose after the Timmins, Ont.-focused gold firm posted another strong quarter after its Bell Creek mill expansion late last year.  

Dominion Diamond's  Diavik mine  in the Northwest Territories. Credit: Dominion Diamond

Dominion Diamond forges ahead

Dominion Diamond (TSX: DDC; NYSE: DDC) may have missed the Street’s expectations due to some accounting rules, but the company showed it is steadily restoring the prominence of Canada’s first diamond mine: Ekati.

Copper mineralization at Source Exploration's  Las Minas gold-silver-copper project in east-central Mexico. Credit: Source Exploration

Source finds more gold at Las Minas in Mexico

VANCOUVER — A small drill program has returned a big result for Source Exploration (TSXV: SOP), in the form of a lengthy, well-mineralized intercept from its Las Minas gold–silver–copper project in east–central Mexico.

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