Mining Stocks - Latest News

Horizon Gold is a new company (spin-out from Panoramic Resources) in Australia. They have a large property (150,000 acres) that has had extensive mining (30 open pit and 3 underground mines). It has a mill, but requires refurbishing (it was operating in...  more

Axmin Inc. is trying to build a gold mine in CAR (Central African Republic). They have a large 3 million oz (2 gpt) surface project called Passendro. The problem is that Passendro has been on hold since 2012 due to rebel activity in the country. However,...  more

Rockfire Resources is a London based exploration company. They have 3 projects in Australia and 1 in Papua New Guinea. Their Australian projects have two discoveries they are drilling at Lighthouse / Plateau / Double Event. The grade has been low, but...  more

Kerr Mines (formerly Armistice Resources) had two very good properties and they were producing 20,000 oz per year in 2013. However, low gold prices killed them. They got into debt and had to sell most of their valuable properties: Larder Lake, Kerr-Addiso  more

Geopacific Resources is trying to build a 1.5 million oz (1.5 pt) open pit project (Woodlark Island) in Papua New Guinea. It is permitted, economic (30% after-tax IRR), with a feasibility study. Cash costs are projected to be low at around $600 per oz,...  more

Pure Gold Mining has an excellent gold project in Red Lake, Ontario. It is a large property on 12,000 acres and high grade. It is a 2.5 million oz deposit at 8 gpt. Everything about this project looks good. That is probably why Eric Sprott owns 10% of...  more

Minera Alamos is advancing two gold projects (La Fortuna and Santana) in Mexico to production. Santana will go first, with a small $7 million capex. They hope to mine 25,000 oz annually, but currently have a small resource. However, they are drilling 3...  more

Mawson Resources is a new project generator focusing in Finland and Australia. They do not yet have any JV deals, but they have a potential big project in Finland called Rompas - Rajapalot (42,000 acres). They began initial drilling (4,000 meters) in...  more

Medusa Mining is a mid-tier producer in the Philippines. They plan to produce about 100,000 oz in 2020 (Co-O mine), with cash costs around $650 per oz and all-in costs around $1300 per oz. They have been having problems with grade and higher all-in costs.  more

Blue Star Gold (formerly WPC Resources) has a high-grade project (Ulu) in Nunavut. It is a historical resource with 800,000 oz at 5 gpt. It is a potential mine. Their price and market cap have risen in 2020 from higher gold prices. They were able to...  more