Agnico Eagle: 3 mines operating & 3 new gold mines soon.

Gold production to double to 590,000 ounces in 2009, double again to 1.2 million ounces in 2010.

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BREAKING NEWS OUT OF 2 AGORACOM CLIENTS

Namaste Acquires Australian Vaporizers and Increases Bought Deal to $7.5M

  • Entered into a definitive agreement with Australian Vaporizers PTY Limited
  • Company’s website www.australianvaporizers.com.au has approximately 80% of the market share
  • For period ended June 30, 2016, the company produced approximately $4.5 million of revenue and $1.1 million of EBITDA

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Hub On AGORACOM / Read Release

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Durango Receives Offers On Windfall Gold Camp Property

STOCK UP 176% ON THE DAY!!!

Last: $0.18 Up: $0.115

Vol. 21.5M Shares

  • Received two offers this week on its Trove Property located in the Windfall Lake
  • 100% wholly owned Trove Property adjoins Osisko Mining (TSX-OSK) in the Windfall-Urban gold camp where Osisko is drilling a 400,000 metre program
  • Trove also adjoins Beaufield Resources (TSX.V-BFD) which holds multiple projects in the area and currently have drill programs underway 

 

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Hub On AGORACOM / Read Release

Message: Northern Persistence

Northern Persistence
Challenges Notwithstanding, Nunavut Explorers Persevere
By Greg Klein

See Part I of this story.

Nunavut’s mining future might have seemed grim indeed when Agnico-Eagle TSX:AEM applied a $644.9-million write-down to Meadowbank, the territory’s sole operating mine. Newmont’s TSX:NEM $1.61-billion write-down of its Hope Bay Gold Project would seem to validate pessimism. Yet Nunavut mining has flourished in the past, and rising commodity prices have brought renewed interest in past-producing operations. Meanwhile, a new strategic alliance offers hope for largely unexplored lands.

Undeterred by its Meadowbank disappointment, Agnico is pushing its Meliadine Gold Project towards 2017 production. But if Elgin Mining TSXV:ELG keeps to its timeline, it will re-open the Lupin Gold Mine by Spring 2014. Located 400 kilometres north of Yellowknife, the mine was shut down by Kinross TSX:K in 2005 after producing 3.34 million ounces. Production, however, was sporadic. The mine was opened October 1982, shut down January 1998, re-opened April 2000, shut down again August 2003, re-opened March 2004 and shut down yet again in February 2005.

Read the rest of this article.

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