Fortuna Silver keeps the faith with future growth
While some analysts remain bullish on Fortuna Silver Mines (TSX: FVI; NYSE: FSM), the overall market doesn’t seem to agree.
2014
Activist shareholder criticizes Sherritt International
A Halifax-based investment company that owns shares in Sherritt International (TSX: S) is calling for a change at the Toronto-based company, which it accuses of making “ill-considered acquisitions” and dishing out…
Dow Jones rises and S&P 500 falls, March 24-28
Comments from Chinese Premier Li Keqiang that China would likely invest in infrastructure to bolster economic growth while the U.S. shows a strengthening economy — with consumer spending rising 0.3% in February after a 0.2% gain in…
Yamana to partner up with Osisko, outbids Goldcorp
Osisko Mining (TSX: OSK; US-OTC: OSKFF) has worked out a deal with Yamana Gold (TSX: YRI; NYSE: AUY) to retain control of its Quebec-based Canadian Malartic gold mine while trumping Goldcorp’s (TSX: G; NYSE: GG) hostile bid.
Avnel’s new path for Kalana mine in Mali
VANCOUVER — When Avnel Gold Mining (TSX: AVK) bought the Kalana gold project in southwest Mali in 2002, its priority was getting the historic mine back into production, as required by the terms of the property deal. As a result Avnel has…
Ivanhoe unveils Platreef PEA as drills hit Ga-Madiba
VANCOUVER — Robert Friedland’s Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) is sitting on an impressive platinum group metals (PGM) resource at its Platreef property, situated 280 km northeast of Johannesburg, South Africa,. And the…
Endeavour posts huge loss, but powers up for growth in 2014
Due to hefty impairment charges, West Africa-focused Endeavour Mining (TSX: EDV; US-OTC: EDVMF) reported a US$332.5-million net loss in 2013, or US81¢ per share, compared to a US$15.1-million loss in 2012 at US6¢ a share,.
The Crimean nickel effect
Where gold was once the key barometer for geopolitical bad news, lately nickel has been hogging the stage.
More strong results for Premier’s Hardrock
Premier Gold Mines (TSX: PG; US-OTC: PIRGF) is almost finished a 60,000-metre infill drilling program at its Hardrock deposit in the Geraldton–Beardmore district of northern Ontario, and it’s on track to incorporate the…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, April 1, 2014Precious MetalsPrice…
Fission merges four zones with another ‘best ever’ hit
VANCOUVER — Fission Uranium (TSXV: FCU; US-OTC: FCUUF) has drilled the best intercept to date at its Patterson Lake South (PLS) project in Saskatchewan — again.
Excellon CEO on Mexico, taxes and trust
Excellon Resources’ (TSX: EXN; US-OTC: EXLLF) La Platosa Mine in Durango is one of the world’s highest-grade silver mines. The mine also boasts lead and zinc by-products that make it one of the lowest cash-cost silver mines in…