People
Aurizon Mines – David Hall resigning as president & CEO on Aug. 15, but will continue as chairman; George Paspalas to be appointed president and CEO on Aug. 15.
Canada
Northgate making Young-Davidson mine a reality
Progress at one of Ontario’s most exciting gold deposits continues unabated as Northgate Minerals (NGX-T, NXG-X) drives its Young-Davidson mine into production.
Yukon gold for Golden Predator
Golden Predator’s (GPD-T) drive to become a leading explorer in the Yukon got a boost from results at its Grew Creek gold project in the central part of the territory.
Low-profile Drexel jumps 510% on investment by Mark O’Dea of Fronteer fame
A low-profile shell named Drexel Resources (DX-V) has attracted the interest of goldbugs and investors, after it announced Vancouver-based mining executive Mark O’Dea intends to buy 10.7 million shares in a 24- million-share private placement…
Market downturn hits juniors in the pocketbook
A faltering U.S. economic recovery, a potential economic cooling in China, and a Greek debt crisis have all translated to a tough start of the year for the junior resource sector.
St Andrew gets a lift from Taylor
St Andrew Goldfields’ (SAS-T) shares got a much-needed boost, springing almost 8% on the back of positive news from its Taylor gold project near Timmins, Ont. Taylor sits 65 km west of the company’s newly producing Holt gold mine, and covers…
Lustre returns to Harry Winston
A look at Harry Winston Diamond’s (HW-T, HWD-N) recent financials shows the tale of rising demand for diamonds. Both the company’s luxury retail side and its mining side, strongly rebounded last year.
Mountain Province’s Evans on Gahcho Ku’s solid numbers
Unlike so many involved in the diamond industry, Mountain Province Diamonds (MPV-T, MDM-X) president and CEO Patrick Evans hasn’t spent his entire career searching for the elusive gems or mining them.
Stornoway puts the pieces in place at Renard
Everything is coming together for Stornoway Diamond (SWY-T) at its Renard project in Quebec.
Shore’s star-orion feasibility set for Q2
Shore Gold (SGF-T) is on track to complete a feasibility study for the Star-Orion South project, in Saskatchewan, next month, and senior vice-president exploration and development George Read believes the numbers will be strong.
Silvercorp rebounds somewhat after resource updates
Vancouver – Bruised by the fallout of the Sino-Forest (TRE-T) debacle, Silvercorp Metals (SVM-T) has since regained some lost ground after several resource and reserve updates and a share buy-back.
North Country Gold extends strike length
Highlights from drilling at North Country Gold’s (NCG-V) Three Bluffs West Zone in Nunavut include intercepts of 7.34 grams gold over 25 metres in hole 11TB104, 8.06 grams gold over 30.49 metres (11TBC001) and 43.02 grams gold over 4 metres…