Lower production hurts Alacer Gold
Alacer Gold (ASR-T) found out just how finicky investors can be given the uneasy economic environment.
Gold
PEA lifts Entre Gold, but Mongolian risk remains
Entrée Gold’s (ETG-T) shares rebounded after outlining encouraging economics at the Ann Manson copper-molybdenum porphyry deposit in Nevada, following a recent slump that the company attributed mostly to “current political…
Red Eagle gets the cash to push ahead
Red Eagle Mining (RD-V) now has some deep pocketed investors believing in its ability to fast track its Santa Rosa gold project in Colombia into production.
Batista chases Colombia’s California gold district
VANCOUVER — Brazil’s metals and energy tycoon Eike Batista has had his sights set on Colombia’s red-hot California gold district for well over a year. Batista’s EBX Group — through Canadian subsidiaries AUX Acquisition…
Mirasol makes the grade with Patagonian silver
Argentina-focused silver-gold explorer Mirasol Resources (MRZ-V) has a budding joint-venture with U.S.-based producer Coeur d’Alene Mines (CDM-T, CDE-N) at the Joaquin silver-gold property in Argentina’s Santa Cruz province, 80 km…
SilverCrest to raise $30M, close gold hedge book
Precious metals producer SilverCrest Mines (SVL-V, SVLC-X) has expanded its bought financing to $30 million from $26 million, and will use the proceeds to eliminate the remainder of its gold hedge book and beef up its working capital.
AuRico sale reflects changing investment landscape
While many market watchers see depressed mining equities as an opportunity for more mergers and acquisitions, miners with hoards of cash are turning away from acquisitions, preferring to return capital to investors.
Amarillo buys time for Mara Rosa in Brazil
VANCOUVER — President and CEO Buddy Doyle and his team at Amarillo Gold (AGC-V) have gained some breathing room in their fast-track development of the Mara Rosa gold project 320 km southeast of Brasilia, Brazil. The company filed a…
Renaissance looks to repeat AuEx glory
While the phrase “there you go again” has pejorative connotations in the U.S. political sphere, in the junior mining space it can mean very good things.
Primero up 36% on positive tax ruling
Primero Mining (P-T, PPP-N) shares soared 36% after the producer received a favourable tax ruling from Mexican authorities on an “advance pricing agreement” (APA) relating to its San Dimas gold-silver mine located on the border of Sinaloa and…
MAG Silver celebrates initial resource at Cinco de Mayo
The Cinco de Mayo project in northern Mexico’s Chihuahua state contains inferred resources of 12.5 million tonnes grading 132 grams silver per tonne, 0.24 gram gold per tonne, 2.86% lead and 6.47% zinc, MAG Silver (MAG-T, MAG-X) reports,…
Eastmain’s Eau Claire deposit tops 1M oz. gold
Quebec-focused gold explorer Eastmain Resources (ER-T) has released an updated resource estimate for its high-grade Eau Claire gold deposit in Quebec’s James Bay region.