Focus improves phosphate mine plan at Bayovar
VANCOUVER — Focus Ventures (TSXV: FCV) has updated a prefeasibility study at its Bayovar 12 phosphate property, 70 km south of the city of Piura, Peru. It envisages a a US$168-million development…
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Silver Standard may use Chinchillas as feed for Pirquitas
VANCOUVER — Silver Standard Resources (TSX: SSO; NASDAQ: SSRI) is moving forward on pre-development studies that may lengthen mine life at its Pirquitas silver mine in northern Argentina’s Jujuy province,…
Argentine tycoon Elsztain bets big on gold
Eduardo Elsztain — one of Argentina’s richest men — has been buying and selling hard assets for the last 35 years. His first real estate deal in 1982, when he…
TSX Venture marches upwards, May 9-13
The S&P/TSX Venture Composite Index advanced towards one-year highs, up 1.6%, or 10.71 points, en route to a 679.68-point weekly close. Spot gold dropped 1.21%, or US$15.54, to US$1,273.45 per…
Guyana Goldfields off to a strong start at Aurora
VANCOUVER — Guyana Goldfields (TSX: GUY; US-OTC: GUYFF) has wrapped up its first commercial quarter at the Aurora open-pit gold mine in Guyana, and the results hint at an operation that’s…
Hunt Mining acquires Martha mine in Argentina
Matthew Hughes found the Martha silver deposit while looking out the window of his pick-up truck. It had just rained and a red line streaked across the dirt road in…
Eldorado exits China with US$900-million in asset sales
VANCOUVER — It took two years, but mid-tier gold miner Eldorado Gold (TSX: ELD; NYSE: EGO) is finally divesting all of its development and production assets in China with the…
US markets end in the red, May 9-13
Concern about domestic and global growth sent the Dow Jones Industrial Average and the S&P 500 Index into the red for the third straight week. The Dow fell 1.12% to…
TSX ekes out slim gain, May 9-13
The ferocious wildfires in Alberta’s oil patch around Fort McMurray knocked an estimated 1 million barrels a day offline, prompting many economists to lower their 2016 gross domestic product growth…
The Northern Miner podcast – episode 12: Good times for gold
Lesley returns from Hawaii in time to talk about Goldcorp‘s (TSX: G; NYSE: GG) takeover of Kaminak Gold (TSXV: KAM; US-OTC: KMKGF) and its Coffee project in the Yukon. Matt…
Trevali lowers costs at Santander mine
Trevali Mining’s (TSX: TV; US-OTC: TREVF) Santander zinc-lead-silver mine in Peru keeps beating expectations, and the company says it’s one of the lowest-cost operating mines in the country’s Central Mineral Belt….
Goldcorp offers $520M for Kaminak
Goldcorp (TSX: G; NYSE: GG) has offered to buy Kaminak Gold (TSXV: KAM) in a $520-million, all-share deal to get its hands on the junior’s high-grade Coffee gold project in…