2012

McEwen grows El Gallo resource

The first phase of production at McEwen Mining’s (MUX-T, MUX-N) El Gallo deposit in Sinaloa, Mexico is scheduled to start during the third quarter, but in the meantime the Toronto-headquartered company has grown the measured and indicated…



Xstrata copes with civil unrest in Peru

VANCOUVER — As with many developing countries, there is a natural resource duality in Peru that can trigger tension between pro-mining interests and local communities. Switzerland-based mega-miner Xstrata PLC (XTA-L) is stuck in the…


[Update] Positive PEA for Sabina’s Back River

A recent preliminary economic assessment (PEA) for Sabina Gold & Silver’s (SBB-T) Back River has sketched a favourable prospect, highlighting high grades and lower-than-expected start-up costs for the gold project in…


Drill results lift Continental Gold

Strong drill results from nine diamond drill holes at the Buritica gold project in Colombia sent shares of Continental Gold (CNL-T) up 28¢ or 3.9% to $7.38 apiece on June 4.  





Sunward grows the resource in Colombia

Sunward Resources (SWD-T) believes it could be sitting on top of Colombia’s next gold district and its latest resource estimate lends some credit to the notion.


US markets negative again, May 28-June 1

U.S. markets re-opened May 29 after the Memorial Day holiday to more worrying economic news on the home front, with jobs growth slowing again in May and the unemployment rate rising to 8.2%, up from 8.1% in April. The Dow Jones Industrial Index…


China's demand for mineral resources affects mining and exploration worldwide. Pictured above: Shanghai's skyline. Photo by Josephine Lim

The China paradigm and commodity demand

After hosting two days of meetings with government policy advisors, experts and consultants about China’s medium- to long-term demand for commodities, the Nomura Group concludes the country’s industrial demand is “moving to…


Drillers at Hana Mining's Ghanzi copper-silver project in Botswana. Photo by Hana Mining

Hana plunges on Ghanzi PEA disappointment

Hana Mining’s (HMG-V) share price dropped 68% after the company released a long-awaited preliminary economoc assessment (PEA) on the Banana zone and zone 5 at its 70%-owned Ghanzi copper-silver project in northeastern Botswana.The news…


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