Volume 101 Number 1 Feb 16 - 22, 2015

A helicopter drops off equipment to a drill platform at Tower Resources' JD project in B.C. Credit: Tower Resources

Kaizen sizes up Tower Resources

Since its reverse takeover in December 2013, junior explorer Kaizen Discovery (TSXV: KZD; US-OTC: CCNCF) has closed two acquisitions and is zeroing in on a third. 

Mining personnel exit Klondex Mines' Fire Creek gold mine in Nevada. Credit: Klondex Mines

Klondex Gold’s Paul Huet ‘is all in’

With two producing underground mines in Nevada, plans to spend $33 million on exploration and development in 2015, and a goal of growing production to between 150,000 and 200,000 equivalent oz. gold by 2016, one could argue that Klondex Mines…

An antelope near a drill site at Azarga Uranium's Dewey Burdock uranium project in South Dakota. Credit: Azarga Uranium.

Azarga cuts initial capex by 50% in Dewey Burdock PEA

An upgraded resource estimate that confirms its flagship Dewey Burdock in-situ recovery (ISR) uranium project is the highest-grade ISR project among its North American peers, and a revised preliminary economic assessment (PEA) that has cut the…

Drillers at Roxgold's Yaramoko gold project in Burkina Faso. Credit: Roxgold

Roxgold lands final permit at Yaramoko

Violent protests in Burkina Faso that forced strongman Blaise Compaoré to resign his presidency of that country in November after ruling for 27 years was just one of the uncertainties Roxgold (TSXV: ROG; US-OTC: ROGFF) faced in advancing…

U.S. stocks show strength, Feb. 2-6

U.S. equities got off to a good start in February, helped by a positive jobs report and higher oil prices. The S&P 500 Index rose 60.48 points, or 3%, to 2,055.47, while the Dow Jones Industrial Average soared 659.34 points, or 3.8%, to…

A SAG mill at Eldorado Gold's Skouries gold-copper project under construction in northern Greece. Credit: Eldorado Gold

Eldorado falls on Greek opposition, weak outlook

Eldorado Gold (TSX: ELD; NYSE: EGO) shares have plunged after two events: Greece’s new left-wing government’s opposition to the company building a gold mine in the country, and a weaker-than-expected 2015 guidance. Eldorado recently…

Arianne Phosphate's Lac--Paul phosphate project in Quebec, 200 km north of Saguenay. Credit: Arianne Phosphate

Arianne chops opex at Lac–Paul

Arianne Phosphate’s (TSXV: DAN; US-OTC: DRRSF) chief operating officer, Jean-Sébastien David, is on a mission to cut anticipated operating expenses at the company’s Lac-à-Paul phosphate project in Quebec by US$10 per…

The processing plant at Endeavour Mining's Tabakoto gold mine in Mali. Credit: Endeavour Mining

Endeavour beats down costs, targets debt

VANCOUVER — Gold producer Endeavour Mining (TSX: EDV; US-OTC: EDVMF) should be happy with its results over the past year. The company has dropped its all-in sustaining costs, brought a new project online and hit a gold production record.

A historic headframe at Premier Gold Mines' Hardrock gold project in Ontario. Centerra Gold can earn a 50% stake in the project by investing up to $300 million. Credit: Premier Gold Mines

Centerra joins Premier Gold at Trans-Canada

Premier Gold Mines (TSX: PG; US-OTC: PIRGF) has brought in Centerra Gold (TSX: CG; US-OTC: CAGDF) as its joint-venture partner for its flagship Trans-Canada property, including its advanced Hardrock gold project, in the Geraldton-Beardmore…

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