Midway Gold (MDW.T) will be Nevada’s next gold producer at the Pan project which is in the final stages of construction with first production expected by the end of January. The Pan project is a simple open-pit heap-leach project that has very attractive economics. At $1200 gold the project has a 32% internal rate of… Continue Reading

Rio Alto Mining (RIO.T), a profitable junior gold producer has announced a revised initial CAPEX on the Shahuindo gold project in Peru. The initial CAPEX is estimated at $70 million with first gold production in 2016. Rio acquired the Shahuindo project when they merged with Sulliden Gold in June. The Shahuindo project combined with the currently producing La Arena mine is expected… Continue Reading

Today North America kicks off the Christmas season with the annual Black Friday sale. Many stores are offering discounts of up to 70%; no wonder this is the biggest shopping day of the year. The stock market is also having a “sale” with many resource names discounted 30-70% over the past couple months. You can… Continue Reading

Desert Star Resources (DSR.V) and Providence Resources (PV.V) have announced that they have agreed to merge. The amalgamated company will focus on copper and gold projects in the south western United States. The newly merged company with have ~$2.3* million in cash with the majority coming from Providence, who reported $1.56 million cash on the balance sheet… Continue Reading

Lydian International (LYD.T) has received an important mining right approval for the Amulsar gold project, located in Southern Armenia.  The permit allows the company to develop the project in line with the parameters from the feasibility study. The government of Armenia is very supportive of the project as it will provide jobs and growth for the… Continue Reading

Balmoral Resources (BAR.T) is out with some more impressive assay results from the the Grasset Ni-Cu-PGE discovery in Quebec.  The highest grade hole to date was intercepted with hole GR-14-57 returning 57.88 metres of 1.85% nickel, 0.21% copper,0.40 g/t platinum, and .97 g.t palladium. Balmoral holds a large land position in the area and believes the… Continue Reading

African Gold Group (AGG.V) released an updated PEA on the Kobada gold project in Mali, West Africa this morning. The project is a small mine that will produce 44,000 ounces per year for a mine life of 15 years. The economics are robust with a 62% IRR (before tax) using a gold price of $1250 per… Continue Reading

Another company in the legendary Hunter Dickinson group has made a potentially game-changing copper-moly-silver discovery in British Columbia. Amarc Resources (AHR.V) announced a new discovery at their IKE project located 40km northwest of the small town of Gold Bridge.  Initial assays from the 9 hole (5,400 metre) drill program show a potentially substantial new copper porphyry in Canada. “Our… Continue Reading

Orezone (ORE.T) has issued an update on progress being made at the monster Bomboré gold project in Burkina Faso. The Bomboré deposit > 5.3 million ounces in all categories and is open for expansion at depth and along strike. Technical work is ongoing and a feasibility study is expected in the first quarter of 2015. 2015… Continue Reading

Romarco Minerals (R.T) is facing a review of the proposed operating permit for the Haile Gold Mine in South Carolina. The Sierra Club has called into question the reclamation and bonding amount as areas of concern. Romarco management does not expect any issues and believes all concerns were met during the permitting process. The South… Continue Reading

Update 9:23AM PST: Nevsun is not aware of a bid for the Company Rumors are circulating this morning that the latest takeover in the mining space will be Nevsun Resources (NSU.T). Bloomberg is reporting that QKR Corp, a mining fund backed by Qatari investors, is set to make a $1 billion bid for Nevsun. QKR Corp… Continue Reading

Visible Gold Mines (VGD.V) with its 167 Extension project in Northern Quebec is an interesting exploration play. The team on the project has been finding high grade mineralized boulders using the same method Virginia Mines used to discover Éléonore deposit, now in development nearby by Goldcorp. The 162 Extension project is composed of 955 mining claims… Continue Reading

Gold Standard Ventures (GSV.V) has been busy consolidating and exploring land positions in the Carlin Trend in Nevada since becoming public in July 2010. The Carlin Trend is one of the most prolific places in the world for gold production and home to the large mines of Newmont and Barrick. The team at Gold Standard… Continue Reading

Osisko Gold Royalties (OR.T) and Virginia Mines (VGQ.T) have joined forces to create a leading intermediate gold royalty company. The combined market capitalization of ~$1.3 billion will rank the merged company fourth when it comes to precious metals royalty companies behind Franco Nevada, Silver Wheaton and Royal Gold. The newly merged company will hold royalties… Continue Reading

B2Gold (BTO.T) has been extremely busy over the last several years acquiring companies and growing production. And management at the company is known in the industry for bringing mines into production on time and on budget. However, quarterly results for B2Gold were reported today and reactions were mixed as the company moves into a big growth… Continue Reading