Cobriza on the copper trail in Peru
The final results from Cobriza Metals’ (CZA-T) first drill campaign at its Arikepay polymetallic project in Peru are in, and they continue to indicate that the company is on to a large porphyry system.
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Unigold grows Candelones gold zones in the DR
Unigold (UGD-V) has released more results from its now closely followed drill program at the Candelones gold project on the northwestern portion of the Dominican Republic.Hole 29 hit 89 metres grading 1.72 grams gold per tonne from 326 metres…
Advanced Explorations drops on feasibility study
Shares of Advanced Explorations (AXI-V) plunged 37% following the results of its feasibility study on the Roche Bay iron project on the Melville Peninsula in Nunavut.
Franco-Nevada, Inmet sign Cobre Panama deal
Inmet Mining (IMN-T) has closed a financing deal with streaming and royalty company Franco-Nevada (FNV-T, FNV-N) worth US$1 billion. It’s a bid to cover a funding shortfall at Inmet’s US$6.2-billion Cobre Panama copper-gold…
Palmarejo delivers for Coeur
Of Coeur d’Alene Mines’ (CDM-T, CDE-N) five producing precious metals mines, Palmarejo in northern Mexico is the largest contributor to the company’s sales and cash flow. Metal sales from the mine in Chihuahua state last year…
Harry Winston, Rio revise Diavik plan
Harry Winston (HW-T, HWD-N) has released a much-anticipated mine plan update for its joint-venture Diavik diamond operation 300 km northeast of Yellowknife, N.W.T.
Barrick to sell African assets?
It looks like Barrick Gold’s (ABX-T, ABX-N) new CEO Jamie Sokalsky is getting down to business to help lift the company’s stagnating share price through a possible sale of its 73.9%-owned African gold subsidiary African…
Revolution’s Mexican discoveries
Revolution Resources (RV-T) has hit high-grade gold and silver below the historic Cinco Estrellas mine at its Universo project and discovered new prospects at its La Bufa property.
Editorial: SA police fire on Lonmin strikers
It’s the kind of incident long feared since the end of apartheid in South Africa: members of the South African Police Service opened fire on striking workers at Lonmin’s Marikana platinum mine in North West province on Aug. 16,…
MAG, Fresnillo busy at Juanicipio
MAG Silver (MAG-T, MVG-X) has approved a US$25-million budget for mine permitting and underground development work at its Juanicipio silver project in Mexico’s Zacatecas state, a joint-venture with Fresnillo (FNLPF-O, FRES-L).
Soltoro making its name in Jalisco
When it comes to exploring Mexico’s Jalisco State for silver and gold, Soltoro (SOL-V) is a junior of stature.With roughly 550 sq. km of ground in the state, the company has been optioning out of some permits and funneling the cash…
Great Panther eyes steady growth
Great Panther Silver (GPR-T, GPL-X) aims to steadily grow output from its two revived mines in Mexico to help reach its long-term goal of producing more than 5 million silver-equivalent oz. a year.While the company posted flat results for the…