Tahoe posts profitable Q1
After reaching commercial production on Jan. 14, the Escobal silver mine in Guatemala enjoyed a profitable first quarter, Tahoe Resources (TSX: THO; NYSE: TAHO) reports.
Gold
Balmoral shares surge on Bug Lake results
Shares of Balmoral Resources (TSX: BAR; US-OTC: BALMF) surged 21% to $1.04, with 4.6 million shares trading hands after the junior reported an intercept of 1,138 grams gold per tonne over 4.9 metres, including 9,710 grams gold over 0.57 metre…
Resource grows at Continental’s Buritic in Colombia
Continental Gold (TSX: CNL; US-OTC: CGOOF) has updated the resource estimate for the two major vein systems at its Buritica gold project in Colombia. Both systems are characterized by multiple, steeply dipping veins and broader, more…
Barrick’s Arturo project gets go ahead from BLM
It took nearly five years, but the Bureau of Land Management has issued a positive record of decision (ROD) on the final environmental impact statement (EIS) allowing Barrick Gold (TSX: ABX; NYSE: ABX) to restart and expand a past-producing…
Rio Alto to buy Sulliden Gold for $300M
Gold producer Rio Alto Mining (TSX: RIO; NYSE: RIOM) is acquiring developer Sulliden Gold (TSX: SUE, US-OTC: SDDDF) in a friendly $300-million, all-share deal to create a new mid-tier gold firm with low-cost operations in Peru.
True Gold making Karma a reality in Burkina Faso
True Gold Mining (TSXV:TGM) is gaining market momentum, as it gears up to build its flagship Karma gold mine project in north–central Burkina Faso.
Editorial: Barclays fined again, this time over gold
For gold bugs, a less pithy corollary of Joseph Heller’s dictum “just because you’re paranoid doesn’t mean they aren’t after you,” could be: Just because you imagine gold-price suppression in every corner of the gold…
[Update] Edgewater moves to consolidate Enchi project
VANCOUVER — Eight months ago junior Edgewater Exploration (TSXV: EDW) was hit with a permitting delay at its flagship Corcoesto gold project 35 km due southwest of the port city of La Coruna in Spain. Edgewater had been hoping to…
Bond deal lets Inca One ramp up in Peru
VANCOUVER – A creative debt package is giving Inca One Resources (TSXV: IO) the $5.5 million it needs to expand Chala, the gold mill in Peru where the company processes ore from artisanal miners.
Latin American Minerals dreams big in Paraguay
One of South America’s most isolated countries — ruled by a series of authoritarian governments for most of the twentieth century — has seen virtually no modern mineral exploration.
Exeter lays out options for Caspiche
VANCOUVER — Exeter Resource’s (TSX: XRC; NYSE-MKT: XRA) Caspiche project in northern Chile hosts proven and probable reserves exceeding 19 million oz. gold and 4.6 billion lb. copper. Such a large deposit had Exeter envisioning a…
Goldrock’s Matysek out to prove Argentina’s a good bet
VANCOUVER — Lindero is an economically robust gold mine project that is permitted for development. Its capital costs are reasonable, it has support from the local populations and authorities, and it is being driven forward by Paul…