First Majestic improves Del Toro’s prospects
First Majestic Silver (FR-T) is busy building its Del Toro silver project, which is set to become its fifth producing silver mine in Mexico, with initial production expected by year-end.
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Orezone trumpets 5M oz. gold deposit
Three months after finalizing a US$27-million deal with Cluff Gold (CFG-T) for its Sega gold project in Burkina Faso, Ottawa-based explorer Orezone Gold (ORE-T) looks to have another West African success story on its hands, with a world-class…
Surprise Molycorp financing hits share price
Shares of Molycorp (MCP-N) plunged 7.5% to US$11.16 per share — a 52-week low — on the day the U.S.-based rare earth company said it would raise US$450 million in convertible senior notes and common equity.
Puma hunts high-grade silver in New Brunswick
In late February the Fraser Institute published a survey that labelled New Brunswick the world’s most attractive jurisdiction for mineral exploration, and that sounds about right to Puma Exploration (PUM-V). The Rimouski, Que., based…
[Update] Liberty looks for a ray of light
Less than two weeks after Timmins, Ont.-focused Liberty Mines (LBE-T) temporarily halted production because of declining nickel prices and posted a positive preliminary economic assessment (PEA) for its Hart nickel deposit.
Integra cuts high-grade at Lamaque
VANCOUVER — It has been a promising six months for Vancouver-based explorer Integra Gold (ICG-V), as the company completes a 30,000-metre diamond drill program at its wholly-owned Lamaque gold project — located in the Val-d’Or…
Mindoro gets the grade
It’s been a busy summer in the corporate offices of Mindoro Resources (MIO-V) and now the company has some stellar results from the field to throw into the mix.
Better days ahead for Thompson Creek
Thompson Creek Metals (TCM-T, TC-N) like many mining companies has had a tough ride over the last year. Slowing metal demand from China and falling prices have teamed up to hammer the company’s share price. In mid-January 2011 the…
Brigus upgrades underground ops at Black Fox
VANCOUVER — After turning the corner at its Black Fox gold mine in Timmins Ont. earlier this year, Halifax-based producer Brigus Gold (BRD-T, BRD-X) has followed up with a solid operational second quarter that saw average costs…
Rainy River adds more shine in updated PEA
Rainy River Resources’ (RR-T) updated preliminary economic assessment (PEA) proposes a smaller, higher-grade and lower-cost gold mine at its namesake project in northwestern Ontario.
Twangiza starts commercial production
Three years ago the area around Banro Corp.’s (BAA-T, BAA-N) Twangiza gold deposit in the Democratic Republic of the Congo had no passable roads, power, workable infrastructure or skilled mining labour. Today the Twangiza oxide mine…
Continental Gold gets approval to start digging
Continental Gold (CNL-T) has the green light to start underground development at its Buritica project in Colombia.