Agnico-Eagle stoic as gold price tumbles
This year’s first quarter brought challenges beyond a falling gold price for Agnico-Eagle Mines (AEM-T, AEM-N), but it’s nothing that a company with a 55-year history can’t weather.
Europe
Site visit: Edgewater uncovers gold at Corcoesto in Galicia
LA CORUÑA, GALICIA, SPAIN — It has been three years since Vancouver-based Edgewater Exploration (EDW-V) bought the Corcoesto gold project from Lundin Mining (LUN-T) and embarked upon a journey in northwesternmost Spain’s La…
Aldridge de-risks Yenipazar
Turkey—a nation at the crossroads of Europe and Asia measuring about 1,600 km long and 800 km wide—is punching above its weight as an emerging mining jurisdiction with operating mines owned by Inmet Mining (IMN-T), Eldorado Gold…
Despite loss, EMED CEO upbeat on Rio Tinto project
EMED Mining (EMD-T, EMED-L) posted a net loss in 2012 of 11.5 million Euros ($15.1 million), up from a loss of 9.7 million Euros in 2011. Of the loss last year, 6.8 million Euros were attributed to exploration and care and maintenance expenses…
New resource for Amulsar as Lydian pushes towards production
VANCOUVER — Lydian International (LYD-T) is on the move in Armenia, as it advances its Amulsar gold project towards production.
Finland is the No. 1 spot for mining: Fraser Institute
Finland has taken the heavyweight title as the world’s best mining jurisdiction, fending off last year’s winner, New Brunswick, which slipped to fourth behind Sweden and Alberta, the Fraser Institute reports in its annual mining…
Colt gets mining licences for its tungsten, gold projects
Montreal-based explorer Colt Resources (GTP-V) tumbled to a 52-week low after announcing it received two experimental mining licences that allowed it to advance its tungsten and gold exploration projects in Portugal. It likely wasn’t the…
Colt gets mining licences for its tungsten, gold projects
Montreal-based explorer Colt Resources (GTP-V) tumbled to a new 52-week low after announcing it received two experimental mining licenses allowing it to advance its tungsten and gold exploration projects in Portugal, likely not the…
Inmet boosts copper reserves as First Quantum bid looms
VANCOUVER — As its future hangs in the balance, Canadian base metals producer Inmet Mining (IMN-T) continued to increase its value via a global resource update on Feb. 11, which was highlighted by a 22% jump in proven and probable copper…
Dalradian finds gold in Northern Ireland’s hills
Focusing its exploration efforts in an established, low-risk mining jurisdiction is paying off for Toronto-based Dalradian Resources (DNA-T). The company has already outlined a multi-million ounce gold resource at its Curraghinalt deposit, 120…
Dalradian finds gold in Ireland’s green hills
VANCOUVER — Focusing exploration efforts in established, low-risk mining jurisdictions is paying off for Toronto-based Dalradian Resources (DNA-T). The company has already outlined a multi-million ounce gold resource 120 km west of…
Rio Tinto pays a steep price for Alcan blunder
VANCOUVER — London-based mining giant Rio Tinto (RIO-N, RIO-L, RIO-A) continues to be haunted by the ghosts of past acquisitions, with the largest culprit being its US$38-billion takeover of Montreal-based aluminum leader Alcan in 2007.