TSX ends in the red, May 11-15
Canada’s main stock index retreated during the trading week. The S&P/TSX Composite Index fell 0.4% to 15,108.12. The S&P/TSX Capped Diversified Metals & Mining Index dropped 1.4% to 794.05, and the S&P/TSX Global Gold…
Silver Standard Resources Inc
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.
Silver Standard buys Marigold mine for $275M
VANCOUVER — With a $275-million deal to buy the Marigold gold mine in Nevada, Silver Standard Resources (TSX: SSO; NASDAQ: SSRI) will be doubling its production profile, boosting its reserves by 50% and lowering its geopolitical risk.
Pretium shares surge as bulk sample beats gold target
VANCOUVER — Pretium Resources’ (TSX: PVG; NYSE: PVG) shares soared 80% on news that the Brucejack project bulk sample has already produced more than the 4,000 oz. gold Pretium promised it would — with 20% of the sample…
Argonaut picks up coveted asset in Mexico from Silver Standard
When Peter Dougherty and his team were putting together Argonaut Gold (TSX: AR; US-OTC: ARNGF) in 2009, the San Agustin gold property — near Argonaut’s flagship El Castillo gold mine in Mexico’s Durango state — was one…
U.S. markets, Aug. 5-9
U.S. stocks ended the Aug. 5–9 trading week lower with the Dow Jones Industrial Average slipping 1.5% or 232.85 points to 15,425.51 amid ongoing speculation about when the Federal Reserve will start tapering off its stimulus program.
Endeavour Silver’s Bradford Cooke shares his recipe
VANCOUVER — As founder and CEO of Endeavour Silver (EDR-T, EXK-N), Bradford Cooke leads a company that has turned two small, defunct Mexican silver mines into large and profitable operations in just eight years.
Silver Standard targets Pitarrilla
After repositioning Silver Standard as a well-funded firm with a strong management team and a sole operating mine in Argentina, Silver Standard Resources’ (SSO-T, SSRI-Q) president and CEO John Smith says his company is now “getting…
[Update] Silver Standard sees bright future at Pitarrilla
After repositioning Silver Standard as a well-funded firm with a strong management team and a sole operating mine in Argentina, Silver Standard Resources’ (SSO-T, SSRI-N) president and CEO John Smith says, “Now we are getting the…
Golden Arrow gets lift from drill results
Stepout drilling at Golden Arrow Resources’ (GRG-V) Chinchillas silver project in Argentina’s Jujuy province has returned several long intercepts including 29 metres grading 631 grams silver per tonne, the company reports.The…
Pretium sees greater high-grade potential at Brucejack
Pretium Resources (PVG-T, PVG-N) has added almost 9 million oz. gold to its high-grade Brucejack resource without any extra information.
Silver Standard slashes Pirquitas’ reserves
Silver Standard Resources (SSO-T, SSRI-Q) hopes it has put an end to lingering troubles at its Pirquitas silver mine in Argentina, with no further plant shutdowns or surprises. The latest surprise was a 52% reduction in the mine’s…