Romarco says Haile EIS decision delayed to 2013

TSX-listed Romarco Minerals on Wednesday said it would now only receive a decision on its Federal 404 Wetlands permit for the Haile gold project, in South Carolina, on August 16, 2013. In February, Romarco said it expected permitting at the end...

Assay labs race to boost capacity as exploration burgeons

Surging metals prices over the last two years have brought about a boom in exploration, putting pressure on drill rig suppliers and the mineral laboratories that test the core samples with companies having to wait longer than six months for assay...

Romarco's Haile gold resource surpasses 4Moz

Romarco Minerals on Tuesday announced a 29% boost in measured and indicated resources at its Haile gold project in South Carolina, with the number topping the four-million ounce mark. And with permitting anticipated at the end of the year, the...

Company Announcement: Gold Comment - Is a new GOLD STANDARD a realistic option ?

There was a time when politicians kissed babies to show they had the common touch and a real connection with ordinary folk. With the outcome of the US elections finely poised, gold and a return to a gold standard is seen as a potential vote-winner...

Investment in copper mining to be driven by health metal’s benefits

New study results released by the Medical University of South Carolina (Musa) on the antimicrobial properties of copper and its alloys, will have an unprecedented effect on the copper-mining industry in sub-Saharan Africa, says the Copper...

Romarco looks to grow output at South Carolina gold mine

Toronto-quoted Romarco Minerals is hoping to grow production at its Haile gold project in South Carolina by 25% from planned initial output of 150 000 oz/y, CEO Diane Garrett told Mining Weekly Online on Tuesday. “We’ll definitely have a...

Romarco to sell $70m in shares

Romarco Minerals, which owns the Haile gold mine in South Carolina, on Tuesday said it would raise $80-million from selling new shares, sending its stock down 4% on the TSX. The company appointed National Bank Financial and BMO Capital Markets to...

Romarco still targets mine permits, finance by year-end

TSX-listed Romarco Minerals is still aiming to have the permits it needs to build the Haile gold mine in South Carolina in hand by the end of this year, CEO Diane Garrett said in an interview on Monday. The company is also aiming to have...

Romarco emphasises no decisions made on permits

Shares in TSX-listed Romarco Minerals fell sharply on Friday morning, after a South Carolina newspaper reported that the US Environmental Protection Agency has recommended against awarding a permit for the company's flagship project. Romarco...

Romarco unveils Haile feasibility numbers, may break ground by yr-end

TSX-listed Romarco Minerals aims to start work at its flagship Haile gold project in South Carolina before the end of 2011, and is already looking at the potential for expansions at the mine, CEO Diane Garrett said on Thursday. Romarco published...

Romarco hires Barclays Capital to advise on project finance

TSX-listed Romarco Minerals has appointed Barclays Capital as adviser for the debt financing the company needs to build its Haile gold project, in South Carolina. In connection with the engagement, Barclays Capital has appointed Denver-based...

Romarco moves to TSX, mulls expansions down the road

- Toronto-based Romarco Minerals, which graduated to the TSX main board on Friday, said that it could double production at its Haile mine in South Carolina to around 300 000 oz/y. The mine is set to pour its first gold at the end of 2012, after...