June 25, 2012

PC Gold intersects 5.81 g/t over 2.70 metres including 13.35 g/t over 1.00 metre in the No. 23 vein zone

Highlights of its No. 23 vein zone include a sample of: 5.81 g/t gold over 2.70 metres from 182.40 to 185.10 metres including 13.35 g/t gold over 1.00 metre.

June 25, 2012

Coeur d’Alene evaluating Argentina mine, offers $350m in senior notes

US-based precious metals producer Coeur d'Alene Mines Corp said Monday it would evaluate strategic and operational alternatives for its silver and gold Martha mine in Argentina to reduce its high…

June 25, 2012

Prophecy Platinum arranges $11.25 million non-brokered private placement

The company is intending to sell 5 million units at $2.25 a share, proceeds of the placement intended to advance its flagship property in Canada's Yukon Territory.

June 25, 2012

New Pacific Metals Corp. announces share repurchase program

The Canadian-based company intends to repurchase up to 5,000,000, representing 7.4% of the company, million common shares from June 27, 2012 to June 26, 2013.

June 25, 2012

Alexco Reports Bellekeno production back online after wildfire disruption

On Friday a lightning strike triggered a wildfire two kilometers from Keno City and the Bellekeno mill facility. The wildfire was contained by Yukon Wildland Fire Management with the assistance…

June 22, 2012

Threats to nationalize Kumtor send Centerra’s stock down 27%

The Kyrgyz Parliament is considering revoking Centerra Gold's mining license, accusing the Canadian gold miner of damaging the environment and stealing the country's riches.

June 22, 2012

Vale breaks ground on historic $2 billion Clean AER project

When completed, Vale's new project will put emissions well below government regulated limits, to 45 kilotonnes versus the regulatory limit of 66 kilotonnes per year. This reduction is in addition…

June 22, 2012

Gold Standard prices public offering

The Canadian-based company intends to sell a total of 10,000,000 common shares at a price of $2.00 per common share in an attempt to raise $20 million.

June 22, 2012

Redstar Gold Corp.: drilling intersects more high grade gold; 13.0 metres of 5.71 g/t gold including 49.60 g/t gold over 1.0 metres

The announcement, which included a section of 49.60 g/t gold over 1.0 metre, Redstar's share traded 11% on the day.

June 22, 2012

Drug tests coming to the oil sands this fall

Despite misgivings by unions, random drug and alcohol testing for oil sands workers will get underway later this year. The Drug and Alcohol […]