TSX Venture follows commodities lower, Sept. 5-8
The S&P/TSX Venture Composite Index shed 6.46 points to a 771.99-point close on declining commodity prices. Spot gold prices fell US$21.36 to US$1,345.59 per oz., and Comex copper prices lost…
Silver
Coeur to acquire JDS’ Silvertip mine
VANCOUVER — Chicago-based Coeur Mining (NYSE: CDE) is coming to British Columbia pending a US$200-million cash-and-share deal for JDS Silver and the fledgling Silvertip silver-zinc-lead mine, 16 km south of the Yukon border. Coeur plans…
GoGold Resources sells Santa Gertrudis to Agnico Eagle
GoGold Resources (TSX: GGD) is selling its Santa Gertrudis gold project in Sonora, Mexico, to Agnico Eagle Mines (TSX: AEM; NYSE: AEM) for US$80 million in cash to eliminate debt….
Mexico Snapshot: Six active juniors
Mexico is a home away from home for Canadian mineral explorers and junior mine developers, with its highly prospective geology, low operating costs and pro-mining culture. Here are six Canadian…
Southern Silver expands new zone at Cerro las Minitas
VANCOUVER — The last six months of drilling have been a game changer for Southern Silver Exploration (TSXV: SSV; US-OTC: SSVFF) at its Cerro las Minitas silver-lead-zinc project, 70 km…
Almadex taps into Mexico’s overlooked porphyry potential
VANCOUVER — Prospect generator Almadex Minerals (TSXV: AMZ; US-OTC: AXDDF) has pulled the best drill hole to date at its El Cobre gold-copper property, 75 km south of the port…
TSX breaks 15,000 level, Aug. 21-25
The S&P/TSX Composite Index broke the 15,000 level, finishing 0.69% higher at 15,055.99. Base metal prices — copper climbed above US$3 per lb. for the first time since 2011, while…
Vangold to mine historic stockpiles at El Pinguico
Vangold Mining (TSXV: VAN; US-OTC: VGLDF) hopes to reactivate production at the historic El Pinguico gold mine, which operated more than a hundred years ago outside Guanajuato City, Mexico. The…
Primero’s future uncertain after strike at San Dimas
VANCOUVER — Primero Mining’s (TSX: P) future hangs in the balance after 18 months of operational inefficiencies and labour-related work stoppages at its flagship San Dimas gold-silver operation, 125 km northeast…
Uncertainty in Guatemala drives Tahoe to suspend dividend and guidance
Tahoe Resources (TSX: THO; NYSE: TAHO) is stopping dividend payments and company-wide guidance due to the suspension of its flagship Escobal silver mine in Guatemala. Ending the monthly 2¢-per-share dividend…
Great Panther buys Nyrstar’s Coricancha
Junior silver miner Great Panther Silver (TSX: GPR; NYSE: GPL) has acquired Belgian smelting giant Nyrstar’s idled Coricancha gold-silver-lead-zinc-copper mine and mill complex, 90 km east of Lima, Peru. The…
Ascendant explores El Mochito’s upside
VANCOUVER — Ascendant Resources (TSX: ASND) has delivered fresh exploration drill results at its El Mochito zinc-lead-silver mine, 88 km southwest of San Pedro Sula in northwest Honduras. The 32,000-metre…