Revolution advances its Mexican targets
VANCOUVER — Revolution Resources (RV-T) has hit high-grade mineralization below the historic Cinco Estrellas mine at its Universo project and discovered new prospects at its La Bufa property.
Gold
Argonaut to improve its Mexican ops
Argonaut Gold (AR-T) has a lot going for it in Mexico, where it operates the El Castillo and the new La Colorada gold mines and is pushing ahead its San Antonio project.
BCSC puts a halt to Barkerville
VANCOUVER — The British Columbia Securities Commission (BCSC) has halted trading in Barkerville Gold Mines (BGM-V) because a much-anticipated technical report on its Cow Mountain gold deposit is not up to standard.
Great Panther eyes growth in Mexico
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.
Primero’s star rises over western Mexico
VANCOUVER — The industry expected big things from Toronto-based Primero Mining (P-T, PPP-N) when it acquired the San Dimas gold-silver mine from major player Goldcorp (G-T, GG-N) just over two years ago to the tune of US$500 million, but…
Palmarejo continues to deliver
Of Coeur d’Alene Mine’s (CDM-T, CDE-N) three producing mines, Palmarejo in northern Mexico is the largest contributor to company sales and operating cash flow. Metal sales from the mine in Chihuahua State last year reached US$513…
Kinross names new CEO
Kinross Gold’s (K-T, KGC-N, KNRSF-O) Tye Burt joins the growing ranks of fallen CEOs at companies struggling to keep investors satisfied at a time of depressed share prices, cost inflation, project delays and internal reviews of assets….
Russian billionaire aims for full control of High River Gold
In a story that reads somewhat like a 1980s spy novel, Russian gold miner Nord Gold, the nation’s third-largest gold producer, looks poised to finally gain full control of Toronto-based producer High River Gold Mines (HRG-T). What makes…
Editorial: Hecla’s one that got away
There was a time, not very long ago, when M&A activity sent shareholders’ pulses racing with excitement. Those were the days. The latest battle between RX Gold & Silver and Hecla Mining over U.S. Silver and its prized silver…
Detour Lake in line for 2013 start-up
Detour Gold (DGC-T) says the Detour Lake open-pit mine in northeastern Ontario remains on budget and track for initial gold production in early 2013.Construction at the project reached the 75% completion mark at the end of June. More…
Dalradian spikes on Northern Ireland gold project economics
Europe continues to present new mining opportunities as countries grapple with the lingering financial crisis, and Dalradian Resources (DNA-T) sees potential in Northern Ireland.The company, which has focused on its mesothermal Curraghinalt…
Nautilus fighting to stay on course
VANCOUVER — Starting the world’s first seabed mining operation was never going to be simple, but for Nautilus Minerals (NUS-T), the challenges have been multiplying.