Silver

Northwest Territories' Premier Bob McLeod.

Building roads to resources a priority, says NWT premier

Mining is the largest industrial sector in the Northwest Territories (NWT), and building transportation and other important infrastructure is the key to unlocking its potential, NWT Premier Bob McLeod said at a symposium in Toronto on Aug. 6.



Equipment at Kerr Mines' past-producing Copperstone gold mine in Arizona. Credit: Kerr Mines.

San Gold to merge with Kerr Mines

Winnipeg-based junior miner San Gold (TSX: SGR; US-OTC: SGRCF) is merging with Toronto-based explorer and developer Kerr Mines (TSX: KER; US-OTC: AISDC). San Gold intends to use the skills it honed turning around its Rice Lake gold mine complex…


Coeur Mining's Palmarejo gold-silver mine, 420 km southwest of the city of Chihuahua, Mexico. Credit: Coeur Mining

Coeur revamps Palmarejo mine plan

VANCOUVER — It’s been almost six years since U.S. producer Coeur Mining (TSX: CDM; NSYE: CDE) last released a mine plan for its wholly owned Palmarejo gold–silver operation, 420 km southwest of Chihuahua, Mexico, and a…


The breach of the tailings dam at Imperial Metals' Mount Polley copper-gold mine in B.C.'s Cariboo region. Credit: screenshot from Cariboo Regional District video.

Complete tailings dam failure at Imperial’s Mount Polley

Shares of Imperial Metals (TSX: III; US-OTC: IPMLF) dropped 40% after a dam for the tailings pond at its Mount Polley gold–copper mine in B.C.’s Cariboo region failed, spilling millions of cubic metres of waste water and suspended…


A portal at Ascot Resources' past-producing Premier gold-silver project in northwest British Columbia. Credit:  Ascot Resources

Ascot shows old Premier mine has more gold to give

VANCOUVER — Sometimes the best way to find new mineralization is not to look beside an old mine, but to drill right through it. At least that is what the latest drill results from Ascot Resources’ (TSXV: AOT) Premier…



Calibre Mining president and CEO Greg Smith (right) at the Montes de Oro zone at the Siuna project in Nicaragua. Credit: Calibre Mining

Calibre Mining a golden bet in Nicaragua

VANCOUVER — Junior Calibre Mining (TSXV: CXB; US-OTC: CXBMF) appears well positioned to benefit from a trio of promising regional gold assets in Nicaragua.



The view from Panoro Minerals' Cotabambas copper project in Peru, 50 km southwest of Cuzco. Credit: Panoro Minerals

Panoro could get snapped up, Laurentian says

Panoro Minerals (TSXV: PML; US-OTC: POROF) has completed a $5.8-million equity financing of 13.8 million shares at 42¢ underwritten by Laurentian Bank Securities and National Bank Financial. The money will help further exploration work at…



Construction at the Pimenton mine in Chile. In the second quarter of 2014, Pimenton produced 2,643 ounces of gold, up from 2,558 ounces of gold in the first quarter of the year, while cash costs fell from US$919 per oz. to US$778 per oz. Credit: Cerro Grande Mining

Cerro Grande cuts costs at Pimenton

At the end of January, the Toronto Stock Exchange launched a delisting review of Cerro Grande Mining (TSX: CEG; US-OTC: CEGMF) to determine whether the junior could keep a $2-million market value for 30 straight trading days.


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