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Stock Market & Financial Investment News

News Breaks
January 7, 2013
16:09 EDTBRDBrigus Gold sees 2013 gold production 90,000-100,000 ounces
Brigus' production guidance for 2013 is 90,000-100,000 ounces and cash costs are anticipated to stabilize in the range of $700-$750 per ounce. Capital costs for 2013 are forecaste as follows; $16M for underground development, $13M for open pit capital stripping and overburden removal, $20M for property plant, equipment and other capital items, and $10.5M for Grey Fox and Black Fox underground exploration. Capital costs for the development of the Grey Fox mine will be outlined in the feasibility study scheduled to be released during 2H13.
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May 22, 2013
08:23 EDTBRDBrigus Gold temporarily suspends milling operations at Black Fox Mill
Brigus Gold reports that due to abnormally heavy rainfall and melting of the remaining snowpack, water levels in the holding facility and water management facilities at the Black Fox Mill are higher than recommended. As a precautionary measure the company has temporarily suspended milling operations at the Black Fox Mill. This suspension occurred on May 12th. Milling operations will resume when water levels have been normalized. Underground and open pit mining operations at the Black Fox Mine are not affected and the company is stockpiling ore to be processed once milling operations are resumed.
May 8, 2013
16:40 EDTBRDBrigus Gold drills deepest high grade intersection to date at Grey Fox
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