Hudbay opens two mines
Hudbay Minerals’ Lalor and Reed mines officially opened on Sept. 16 in Manitoba.
Silver
Eastmain’s Eau Claire deposit grows in lonore’s shadow
BEAVER CREEK, COLORADO — Eastmain Resources (TSX: ER; US-OTC: EANRF) is confident that its Eau Claire deposit will become the second gold mine in Quebec’s James Bay region, following Goldcorp’s (TSX: G; NYSE: GG) nearly built…
Calibre Mining wins over Pierre Lassonde
When executive chairman Doug Forster and director Blayne Johnson of Calibre Mining (TSXV: CXB; US-OTC: CXBMF) sat down at the Denver Gold Forum in mid-September and presented an update on the company’s Nicaraguan gold projects to Pierre…
Work on Oyu Tolgoi underground to resume in Q1
Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) and the Mongolian government have resolved several issues that have held up the underground expansion of the Oyu Tolgoi copper-gold mine in the country.
Newstrike touts low costs in Ana Paula PEA
VANCOUVER — Four years ago junior Newstrike Capital (TSXV: NES; US-OTC: NWSKF) scored a strategic slice of Mexico’s emerging Guerrero gold belt (GGB) in the form of its wholly owned Ana Paula gold asset, and now the company is…
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.
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.