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Moolart Well Gold Mine - The Moolart Well processing plant was commissioned in August 2010

Regis Resources – Becoming a mid-tier producer

As the price of gold came down over the past few days, some of the ASX-listed gold producers are becoming relatively cheap. Regis Resources (ASX:RRL) plans to produce approximately 325,000 ounces of gold at a cash cost of A$525/oz in the year ending in June. The company anticipates to produce […]

Prospecting Tulsequah Chief

Chieftain Metals announces the receipt of their final permits

Chieftain Metals (CFB.TO) announced they received all permits necessary to start construction works at their Tulsuequah Chief project in British Columbia, Canada. We normally don’t bother writing about companies with an IRR lower than 20%, but the Tulsuequah Chief project is an exception as Chieftain will produce in excess of […]

Detour Lake site - South facing

Detour Gold starts production at Detour Lake

Detour Gold (DGC.TO) announced earlier this week they started production at their Detour Lake Gold project in Ontario and expects to pour its first gold bar within the next few days. CEO Gerald Panneton is hinting at some start-up problems, but as Detour released an official guidance of between 350,000 […]

Tembo Gold Corp. - Site Visit Photo

Tembo Gold announces equity financing

Tembo Gold (TEM.V) has announced an equity offering marketed by a consortium of brokers led by Canaccord Genuity. Tembo hopes to raise C$3.5M to continue their exploration drill program at their 100% owned Tembo project in Tanzania. This capital raise will be conducted at a price of C$0.40/share with ½ […]

Lydian intersects more gold outside the current Amulsar pit shell

Lydian intersects more gold outside the current Amulsar pit shell

Lydian International (LYD.TO) has intersected more gold at their 100% owned Amulsar project in Armenia. The company reports an intercept of 111 meters at 1.1g/t gold just outside the current pit outline. Further to the southeast, Lydian intersected 30 meters at 1g/t gold, indicating there’s definitely more gold on the […]

Deep trench in the core area of the Western VMS Zone

Alexander Nubia appoints new CFO and Director of IR

Alexander Nubia (AAN.V) has appointed Paul Robertson as their new CFO and announced the appointment of Andrea Clark as director of investor relations. It seems like the company is trying to reach more retail investors by appointing a director of IR who can help to get the story out to […]

Columbus Gold Corp. - Site Visit

Columbus Gold exceeds our expectations

Columbus Gold (CGT.V) has just announced an inferred resource estimate of 5.17Moz of gold (using a 0.5g/t cutoff versus the company’s proposed 0.3g/t cutoff) which is more than double our expected 2.5Moz. The average grade is a very respectable 1.6g/t which makes the Paul Isnard project definitely one of the […]