Roughrider rises again
VANCOUVER — “We were shocked the land was available,” says Dale Wallster, a director of Kivalliq Energy (TSXV: KIV), in an interview. “So we staked it — but when you stake land in Saskatchewan, other interested…
News
Sierra Metals unleashes Yauricocha’s full potential
LIMA, PERU — Sierra Metals (TSX: SMT; BVL: SMT) is proving up the underground potential of its Yauricocha silver–lead–copper–zinc–gold mine in west-central Peru. The low-cost underground mine is the company’s…
Trevali finds two new zones at Santander
Shares in Trevali Mining (TSX: TV; US-OTC: TREVF) got a little boost after the Vancouver-based firm reported two new zones of high-grade polymetallic mineralization at its Santander zinc–lead–silver underground mine in Peru.
GoldQuest’s PEA on Romero a ‘good start’
GoldQuest Mining (TSXV: GQC; US-OTC: GDQMF) has tabled a positive preliminary economic assessment (PEA) for its flagship project, consisting of the Romero and Romero South gold–copper deposits, two years after discovering the main deposit…
Cameco puts Millennium on ice
Poor economic conditions in world uranium markets are forcing many uranium companies to postpone projects or scale back operations.
TSX Venture hit by lower commodity prices, May 26-30
The S&P/TSX Venture Composite Index spent much of the week in the red before closing down 4 points at 983.99. Markets were hit by declining commodity futures, while Statistics Canada reported that the nation’s gross domestic product…
Alamos adding Cerro Pelon and La Yaqui to the mix
Alamos Gold (TSX: AGI; NYSE: AGI) has scored a major victory at its Mulatos gold mine operation in Mexico with the acquisition of surface rights for two satellite gold deposits that could add low-cost production growth as early as 2016.
Iamgold becomes Calibre’s third partner in Nicaragua
Calibre Mining (TSXV: CXB; US-OTC: CXBMF) saw its shares surge 43% after reporting that Iamgold (TSX: IMG; NYSE: IAG) had signed an option to spend US$10.9 million to earn up to 70% of the junior’s Eastern Borosi gold–silver project…
Midway expands Gold Rock resource
Midway Gold (TSX: MDW; NYSE: MDW) may be in the thick of building its first gold mine at the Pan project in Nevada — with the first gold pour expected in the fourth quarter — but that hasn’t stopped the junior developer from…
Relief Canyon grows under Pershing
Steve Alfers cut his teeth as a transactions lawyer on international mining deals and as a privatization specialist working in some of the world’s most challenging jurisdictions — including Mongolia, Russia, Ukraine, Zambia and…
Fresnillo, MAG bolster Juanicipio resource with new zone
VANCOUVER — A new mineralization body underneath the known silver zone could add years of mine life to the planned underground operation at the Juanicipio project in Mexico.
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, June 3 2014 Precious MetalsPrice…