Europe

Carpathian sinks on financing

Carpathian Gold’s shares (TSX: CPN; US-OTC: CPNFF) fell 26% after the company announced a bought-deal financing to finish developing its Riacho dos Machados (RDM) gold project in Minas Gerais, Brazil.



Lundin has consolidation opportunities, Laurentian Bank says

Chris Chang of Laurentian Bank Securities has initiated coverage of Lundin Mining (TSX: LUN) with a buy rating and a target price of $5.50 per share and argues the company is well positioned to capitalize on the weak commodity price environment…



The historic Cetate pit at Gabriel Resources' Rosia Montana gold-silver project in Romania. Source: Gabriel Resources

Gabriel remains hopeful at Rosia Montana

Gabriel Resources (TSX: GBU; US-OTC) may see a positive development at its delayed Rosia Montana gold-silver deposit in west-central Romania, as the government recently highlighted the asset in its new plan to attract foreign investment,…


Mining engineers consult with one another at Agnico Eagle's Goldex gold project. Source: Agnico Eagle

Agnico pursues growth amid capital cuts

Despite the weaker gold price, slumping profits and spending cuts, Agnico Eagle Mines (TSX: AEM; NYSE: AEM) says it’s on track to grow its gold production to 1.2 million oz. by 2015.


Grinding equipment at EMED Mining's Rio Tinto copper mine, 65 km northwest of Seville, Spain. Source: EMED Mining

EMED aims to lock down Rio Tinto production target

VANCOUVER — It has been a lengthy process for junior EMED Mining (TSX: EMD; LSE: EMED) at the historic Rio Tinto copper mine, 65 km northwest of Seville, Spain. The company has dealt with permitting delays and volatile copper prices, but…


Eldorado's Kisladag gold mine in western Turkey (2012). Source: Eldorado Gold

Eldorado hits the brakes on expansion, shares rises 23%

VANCOUVER — Eldorado Gold (TSX: ELD; NYSE: EGO; US-OTC: ELDXF) has joined a growing list of miners opting to cut back on exploration and development expenditures in the face of struggling commodities markets. The company announced on…


The camp at Avannaa Resources' Washington Land lead-zinc project in northern Greenland. Source: Avannaa Resources

Greenland’s timeless allure

Avannaa Resources is a privately held exploration company founded by three geologists from Britain and Denmark who pooled their interest and experience in Greenland. It may be an unfamiliar name to many, but over the last nine months, the…


Mediterranean’s Ecclestone sees money in antimony

Mediterranean Resources (MNR-T) is best known for advancing gold deposits in northeastern Turkey, but the junior also has its eye on the antimony market. This week it picked up two past-producing deposits of the metal in Spain and has plans to…



Driling at Carpathian Gold's Riacho dos Machados project in Brazil in 2010. Source: Carpathian Gold

Brazil production in sight, Carpathian says

Gold production at Carpathian Gold’s (CPN-T) Riacho dos Machados project in Brazil will start at the end of the third quarter of this year, making the Toronto-based junior the South American nation’s newest producer of the metal.


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close