AuRico Gold (AUQ-T, AUQ-N) has revised its 2012 production guidance after a high turnover of workers at its Ocampo gold-silver mine in Mexico dragged down output in the second quarter.The Toronto-based producer says the shortage of workers at…
Mega Precious Metals (MGP-V) could be the most aptly named gold company on the junior circuit. With assets in Manitoba and Ontario, the company’s well-heeled management team thinks bigger is better when it comes to mining. The philosophy…
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…
Many Canadian miners operating in the U.S. are not aware of the extensive tax incentives that the U.S. government offers to individuals and companies exploring, developing and extracting minerals. These tax incentives can provide significant…
The S&P/TSX Venture Composite Index climbed 9.23 points to end at 1,196.19 points after three days of gains outweighed two days of losses. Volume would have increased noticeably if it weren’t for a scant 44.4 million shares traded on…
The S&P/TSX Composite Index gained in four straight sessions during the trading week before dipping on July 20 to end at 11,622.91 points, up 108.38 from where it began. The S&P/TSX Capped Diversified Metals & Mining Index also eked…
Wall Street enjoyed a three-day winning streak and ended in positive territory despite sobering news at the end of the week that Spain’s indebted region of Valencia had asked the central government for financial aid, reigniting fears that…
SPOT PRICESCourtesy of ScotiaBankTuesday, July 24, 2012 Precious MetalsPrice…
TSX Short Positions Short positions outstanding at July 15/12 (with changes from June 30/12). Largest Short Positions Security Ticker Total…
While many juniors embrace a mantra of growth at any cost, pursuing pricey takeovers or drilling endlessly to produce impressive-sounding resource estimates, Wesdome Gold Mines (WDO-T) takes a different tack.With a decidedly conservative…
Three years after selling the world-class Navidad silver deposit in Argentina, the key members of the former Aquiline Resources team are looking to strike pay dirt again — only this time, they are doing it closer to…
Dominican Republic-focused explorers Goldquest Mining (GQC-V) and Unigold (UGD-V) both announced sizeable stepout gold-copper hits at their nearby properties in the northeast corner of the country near Haiti on July 18.For Goldquest, the…
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