Volume 99 Number 51 Feb 3 - 9, 2014

New Gold nears decision day at Rainy River

VANCOUVER — It’s been a busy six months for producer New Gold (TSE: NGD; NYSE-MKT: NGD), with a pair of economic studies providing some insight on where the company may develop its next gold mine.


The past-producing Kombat copper mine in northern Namibia. Credit: Kombat Copper

Kombat Copper hopes to restart copper mine in Namibia

Bill Nielsen appreciates just how lucky he was to discover a large, high-grade volcanogenic massive sulphide (VMS) deposit in the middle of the Eritrean desert, 150 km west of the country’s capital of Asmara.




Troy models low-cost gold mine at West Omai in Guyana

VANCOUVER — With lower overall gold prices taking hold, it’s become important for developers to find affordable projects — and Latin America-focused Troy Resources’ (TSX: TRY; US-OTC: TRYRF) wholly owned West Omai gold…



B2Gold defines large resource near Otjikoto in Namibia

B2Gold (TSX: BTO; NYSE-MKT: BTG) has unveiled an initial resource estimate for the Wolfshag zone that’s near its 90%-held Otjikoto gold deposit in Namibia, indicating the zone could boost the economics of its newest mine.


Drillers at Orezone Gold's Bombor gold project in Burkina Faso. Credit: Orezone Gold

Orezone streamlines heap-leach economics at Bombor

VANCOUVER — Around seven months ago junior Orezone Gold (TSX: ORE; US-OTC: ORZCF) announced a notable shift in strategy at its Bomboré project 85 km east of Ouagadougou, Burkina Faso. The company had initially hoped to take…


Senior project geologist Chad Sorba examines core samples at Denison Mines' Wheeler River uranium project in northern Saskatchewan's Athabasca basin. Credit: Denison Mines

Denison to drill 60,000 metres in 2014

While challenging market conditions are forcing many companies to axe their exploration budgets, Denison Mines (TSX: DML; NYSE-MKT: DNN) is pumping $15 million into a 60,000-metre drill program in the Athabasca basin in 2014, marking one of its…



Facilities and equipment at Cameco's 50% owned Cigar Lake uranium project in northern Saskatchewan. Mining at Cigar Lake is expected to begin this quarter. Credit: Cameco

Cameco rises on uranium optimism

Saskatoon-based Cameco (TSX:CCO; NYSE:CCJ), like many uranium miners, is enjoying renewed predictions of higher uranium prices and growing demand.


Trenching by U3O8 Corp. at the Laguna Salada uranium project in Argentina's Chubut province. Credit: U3O8 Corp.

U3O8 eyes JV with Chubut gov’t at Laguna Salada

VANCOUVER — There are a myriad of issues that can raise trip up mine developers in Argentina, but it looks like Toronto-based U3O8 Corp.’s (TSX: UWE; US-OTC: UWEFF) Laguna Salada uranium–vanadium project in Chubut province…


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