Investment commentary: Searching for value amidst a wave of writedowns, pt. 2
Last week we looked at an opportunity that may have opened up with the recent writedowns taken by senior gold producers.
Gold
Golden assays keep True Gold’s drills turning at Karma
VANCOUVER — With promising drill results and money in the bank, True Gold Mining (TSXV: TGM; US-OTC: RVREF) keeps adding to the drill program at its Karma project in Burkina Faso.
African Barrick latest to cut ties with CEO
With relatively new CEOs in place at Kinross Gold (TSX: K; NYSE: KGC), Newmont Mining (TSX: NMC; NYSE: NEM) and Barrick Gold (TSX: ABX; NYSE: ABX), it was perhaps only a matter of time before one of the poorest…
Editorial: Gold’s time to shine
Breathe a sigh of relief: Gold’s up over US$1,400 an ounce again … at least for now.
Sabina drills more shallow mineralization at Back River
Sabina Gold & Silver (TSX: SBB) has completed its drill program for the year on the George property at its flagship Back River project in Nunavut, and intercepts from the shallow portion of the property’s Lone Cow Pond South zone…
Wesdome discovers new gold structures at Eagle River
VANCOUVER — Toronto-based producer Wesdome Gold Mines (TSX: WDO) enjoyed a warm reception from markets following news of underground drilling success at its wholly-owned Eagle River mine located 50 km west of Wawa, Ontario. The company is…
Sierra Metals keeps faith in exploration
There are two ways to look at the current rough conditions in the mining equity markets: investors can believe in the “sky is falling” scenario and stay clear for an indeterminate period of time, or they can see present conditions…
McEwen Mining’s record Q2, new optimism on Argentina
Even with an after-tax, non-cash impairment charge of US$123.6 million related to the decline in metal prices and potential costs associated with a 1% tax on economically viable mineral reserves in Argentina’s Santa Cruz province, McEwen…
Cayden’s El Barqueo steals the show
Cayden Resources’ (TSXV: CYD) El Barqueno gold project in Mexico’s Jalisco state hasn’t been in its portfolio for very long, but the potentially high-grade, near-surface project has grabbed centre stage.
SilverCrest lifts its production forecast
SilverCrest Mines (TSXV: SVL; NYSE-MKT: SVLC) has revised upwards its full-year 2013 silver guidance after producing more silver than planned in the second quarter from its flagship Santa Elena silver-gold mine in Sonora, Mexico.
Paramount finds more gold at Sleeper
The old Sleeper Pit has been hiding more gold than Paramount Gold and Silver (TSX: PZG; NYSE-MKT: PZG) realized.
OceanaGold’s Didipio mine starts strong
Commercial production began in April at OceanaGold’s (TSX: OGC) Didipio mine in the Philippines, and in the second quarter the mine churned out 13,676 oz. gold and 5,710 tonnes copper. For the first six months of the year Didipio’s…