Bravada is a Canadian based exploration and development company focused on exploring the prolific Battle Mountain-Eureka gold trend in Nevada, U.S.A.
21/09/11Bravada expects "signficant increase" in resources based on latest Wind Mountain drill results
25/07/11Bravada intersects new gold-silver zone at Wind Mountain
25/08/10Bravada and Fortune River to merge forming Nevada-focused exploration and development company
Recent Sector News
The new DFS for Aureus's New Liberty gold mine in Liberia has increased the net present value of the asset, and points to lower operating costs and improved proven plus probable reserves.
Amid declining gold prices, several miners are struggling to keep costs down, but Sacre-Coeur Minerals (CVE:SCM) (OTC:SCRMF) is not one of them. The company boasts all-in cash production costs of less than $500 an ounce at its alluvial/elluvial operations in Guyana.
Sunridge Gold succeeds in lowering capex at Asmara project, production fast-tracked by almost a year
Sunridge Gold Corp. (CVE:SGC)(OTCQX:SGCNF) has done exactly what it set out to do last year in releasing a feasibility study for its Asmara project in Eritrea that minimizes the capital exposure in a challenging time for Canadian juniors, with the company now having a plan to start initial production almost one year earlier than the preliminary report.
Jennings Capital analyst Dan Hrushewsky has highlighted what he called Asanko Gold's (TSE:AKG) "good project economics" at the Esaase gold project in Ghana, saying the company ranks first of all Canadian gold companies on its radar in terms of cash as a percentage of market cap.
Gold, silver and antimony miner Mandalay Resources (TSE:MND) has issued a strong message of intent with a promise to pay 6% of net future revenues in dividends. Mandalay announced a dividend for the quarter of C$0.769 in line with this new policy.
Kirkland Lake Gold (TSE:KGI)(AIM:KGI) shares rallied after the company revealed impressive operational results for its fiscal fourth quarter, which analysts say mark a "stellar end" to a year in which the company regained mining access to the higher grade ores at its Macassa mine. Shares jumped 10 percent in afternoon trading in Toronto.
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