Sierra Metals goes deeper at Yauricocha
Sierra Metals’ (TSX: SMT; TSXV: SMT; US-OTC: DBEXF) claim that its underground Yauricocha silver-copper-lead-zinc-gold mine in Peru has plenty more to give at deeper depths is proving correct.
Copper
Dundee tallies gold resource at Kapan in Armenia
Dundee Precious Metals (TSX: DPM) released its much-anticipated maiden resource estimate for the Shahumyan gold deposit at its Kapan mine in Armenia, and the market apparently likes what it sees.
Aurcana sets production records, Red Kite loan stalled
VANCOUVER — Silver producer Aurcana (TSXV: AUN; US-OTC: AUNFF) is improving operations at its wholly owned La Negra silver-copper-lead-zinc mine in Queretaro State, Mexico. The company’s mill boosted its daily throughput by 41%…
Eldorado sees promising exploration results
Eldorado Gold (TSX: ELD; NYSE: EGO) has been keeping busy, with 106,500 metres drilled so far this year at its mine sites and exploration targets in China, Turkey, Brazil, Romania and Greece.
Base metal equities to shine in November, Salman Partners says
Stock markets are starting to recognize that they have been under-pricing base metal equities, Salman Partners senior mining analyst Raymond Goldie reasons and investors should “wait two months, then start taking advantage of this trend.”
Calibre soars on trenching results
These days, it’s unusual to see a company’s share price more than double on strong trenching results. But this is what happened when Calibre Mining (TSXV: CXB; US-OTC: CXBMF) released more trenching assays from its wholly…
Carpathian sinks on financing
Carpathian Gold’s shares (TSX: CPN; US-OTC: CPNFF) fell 26% after the company announced a bought-deal financing to finish developing its Riacho dos Machados (RDM) gold project in Minas Gerais, Brazil.
Coastal Gold keeps the drills turning at Hope Brook
Coastal Gold (TSXV: COD) is steaming ahead with a resource definition program at its 100% owned Hope Brook gold project in southwestern Newfoundland.
Colorado shares slide despite stepout hits
VANCOUVER — Since hitting 333 metres of copper-gold porphyry in its first hole at the North ROK property in B.C. just four months ago, Colorado Resources (TSXV: CXO) has completed 6,000 metres of drilling and hit mineralization in 10 of…
Lundin has consolidation opportunities, Laurentian Bank says
Chris Chang of Laurentian Bank Securities has initiated coverage of Lundin Mining (TSX: LUN) with a buy rating and a target price of $5.50 per share and argues the company is well positioned to capitalize on the weak commodity price environment…
The majestic rise of Imperial’s Red Chris
DEASE LAKE, B.C. — Buying used equipment. Building the small mine envisioned by previous project owners because it was already permitted. Funding the $500-million capital cost from cash flow, supplemented by a loan from a single…
Turquoise Hill posts Q2, updates Oyu Tolgoi
Speaking on a conference call in mid-August from Ulaanbaatar, CEO Kay Priestly of Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) confirmed that development of the Oyu Tolgoi underground copper-gold mine was being delayed until matters including…