Santacruz lands US$28.4M deal to fund second mine
Santacruz Silver Mining (TSXV: SCZ) has signed a US$28.4-million prepaid silver-purchase agreement to help fund its San Felipe silver-lead-zinc project in Sonora state, Mexico.
Silver
Capstone tweaks Minto’s mine plan after permit delay
Capstone Mining (TSX: CS; US-OTC: CSFFF) is modifying the mine plan at its Minto copper-gold-silver mine in the Yukon, after announcing that it had not received its amended water-use licence from the Yukon Water Board to pre-strip the…
Gainey Capital aims to fast-track El Colomo
VANCOUVER — Over two years ago Gainey Capital (TSXV: GNC) CEO David Coburn saw promise in a private Mexican precious metal operation 135 km southeast of Mazatlan — along the border of the States of Nayarit and Durango…
Bear Creek keeps Corani on track, reduces costs
As Bear Creek Mining (TSXV: BCM) works to produce an updated feasibility study for its flagship Corani silver–lead–zinc project in southern Peru by year-end, its efforts to reduce costs are already paying off.
Santacruz hopes to get San Felipe in production by 2016
VANCOUVER — Producer Santacruz Silver Mining (TSXV: SCZ; US-OTC: SZSMF) is sizing up a major boost in silver-equivalent output over the next few years, and a big part of that plan is its San Felipe asset located 130 km northeast of…
US stocks march higher, Sept. 2-5
U.S. equities ended the week on a positive note, despite a weak jobs report. The Dow Jones Industrial Average rose 39 points to 17,137.36, while the S&P 500 Index added 4 points to 2,007.71. The tech-heavy Nasdaq Composite…
Trevali finds more copper and gold at Stratmat in New Brunswick
Trevali Mining (TSX: TV; US-OTC: TREVF) is hitting the right notes with its drill programs in Peru and New Brunswick, discovering three zones over the last three months.
Levon touts ‘large-scale’ discovery in Mexico
VANCOUVER — The silver market has declined since cash-rich explorer Levon Resources (TSX: LVN; US-OTC LVNVF) last released a resource estimate at at its wholly owned Cordero silver–zinc–lead project in…
Corvus uncovers high-grade zone at North Bullfrog
VANCOUVER — It’s been a bountiful year for explorer Corvus Gold (TSX: KOR) at its North Bullfrog project, 15 km north of Beatty, Nev. The company is in the midst of a 20,000-metre drill program at the site, and has kept a strong…
Almaden a model of father-son success
Almaden Minerals (TSX: AMM; NYSE-MKT: AAU) has found volcanic-hosted mineralization beside its Ixtaca gold–silver deposit on its 100%-owned Tuligtic project in Puebla state, adding to the prospecting success it has had over the years in…
Primero to expand San Dimas
Primero Mining (TSX: P; PPP: NYSE) has green-lighted an expansion of its San Dimas gold–silver mine in Durango, Mexico, a move that will increase production by 25% at a cost of only $26.4 million.
Argonaut Gold expands oxide resource at San Agustin
Argonaut Gold (TSX: AR; US-OTC: ARNGF) has doubled the oxide resource at its San Agustin gold–silver project, which could become the junior producer’s third heap-leach mine in Mexico.