Volume 99 Number 3 Mar 4 - 10, 2013

McEwen Mining senior vice-president Ian Ball (left) and CEO Rob McEwen at the El Gallo silver-gold project in Mexico's Sinaloa state. Photo by Trish Saywell

McEwen finds a sweet spot in Sinaloa

MOCORITO, SINALOA, MEXICO — The state of Sinaloa is a narrow strip of land hugging 650 km of coastline in northwestern Mexico that makes up 3% of the country’s land mass, 2% of its population and a hefty 30% of its food production.



Equipment at Yamana Gold's Cerro Moro gold project in Argentina. Source: Yamana Gold

Yamana beefs up Cerro Moro

Yamana Gold (YRI-T, AUY-N) is getting a firmer handle on its recently acquired Cerro Moro gold project in Argentina.


Antofagasta confirms more gold in Chile

Antofagasta Gold (AN-V), which recently changed its name from Windamere Ventures, says initial drilling at its Capricornio property in Chile confirms it has made a regional-scale, low-sulphidation epithermal gold discovery.


Locals survey the past-producing Panguna copper-gold open pit mine in Bougainville, Papua New Guinea. Photo by Ian Bickis

The high-stakes world of Papua New Guinea mining

PORT MORESBY, PAPUA NEW GUINEA — Rising out of the sea at the collision of the Pacific and Indo-Australian tectonic plates, Papua New Guinea is the stuff of legend for both its geological potential and punishing working environment.



All smiles at Panoro Minerals' Cotabambas copper project in Peru, from left: Yves Barsimantov, vice-president of operations; a local employee; David Huber, CFO; Luquman Shaheen, CEO; and Adriana Luque, community relations manager. Photo by Matthew Keevil

Panoro on track at Cotabambas

CUSCO, PERU — With a large copper-gold-silver resource in its pocket at the Cotabambas project in the Peruvian Andes, Vancouver-based explorer Panoro Minerals (PML-V) is viewing 2013 as a turning point that could see the company…


A drill pad at Alder Resources' Rosita copper-gold-silver project in Nicaragua. Source: Alder Resources

Alder revisits Rosita in Nicaragua

Alder Resources’ (ALR-V) chairman Don Dudek and CEO Joseph Arengi, who years ago pursued the past-producing copper-gold-silver Rosita project in northeast Nicaragua, are hoping their perseverance will soon pay off with a big discovery.


An elevated view of the investors exchange at the 2012 PDAC convention in Toronto. Source: Envision Digital Photography

Shopping for stocks at PDAC

With junior miners struggling for financing, many market watchers have concluded that it’s a buyer’s market — but only if investors can distinguish the quality companies from the ones that won’t last another year or two.


A historic ventilation stack built by Cornish miners, who operated in Mexico until the early twentieth century in the Pinos gold district, near Excalibur Resources' Catanava gold project in Zacatecas state. Photo by Manuel Gomez

Excalibur looks to pull gold from Mexican stone

SAN LUIS POTOSI, MEXICO — Cylindrical brick stacks poking out of the barren hillsides can be seen from miles away. But curiously, they don’t attach at the base to any grand warehouse or factory.


At the mid-January launch ceremony at the Bissa gold mine in Burkina Faso, from front left: Matthew Wilcox, Bissa Gold general director; Nikolai Zelensky, Nordgold CEO; and Philip Baum, Nordgold chairman. Source: Nordgold

Nordgold opens Bissa mine in Burkina Faso

BISSA, BURKINA FASO — Just 15 months after starting construction, Nordgold (NORD-L) has entered production at its Bissa open-pit gold mine in Burkina Faso, located in the rural commune of Sabce, 100 km north of the capital Ouagadougou.


An ore-storage dome under construction at Detour Gold's Detour Lake gold mine in Ontario. Photo by Graeme Oxby

Detour Gold pours first dore bars

Detour Gold (DGC-T) and its shareholders have something to cheer about, as the junior gold explorer has graduated to producer after completing its first gold pour at the large Detour Lake mine in northeastern Ontario, a goal the company has…


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