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Thomas Robyn, Sierra Metals' vice-president of exploration, at the Cusi silver-gold project in Mexico.  Photo by Anthony Vaccaro.

Sierra Metals goes old school at Cusi

CHIHUAHUA STATE, MEXICO — The green foothills an hour west of the city of Chihuahua are peaceful now. There is nothing in the gaze of a lingering llama that would tip a visitor off to the blood spilled here roughly a hundred years ago.


An aerial view of Seabridge Gold's KSM gold-copper project in northwestern B.C. Credit: Seabridge Gold

Seabridge tallies ‘monster’ resource at Deep Kerr

Rudi Fronk and Jim Anthony were called “garbage collectors” when they started buying up uneconomic projects from the majors 15 years ago at US$260 per oz. gold. But their faith in higher gold prices kept them going and one of the…



Commentary: Pay packages shrink for mining execs

Over the past year in the mining industry, we have seen many impairments and writedowns, project cancellations, project postponements, capital spending cuts, profit downgrades and reported net-income losses. Not surprisingly, this has affected…


TSX stays up, Feb. 18-21

The S&P/TSX Composite rose 150.96 points during the week to end at 14,205.72. The spot price for gold rose US$7 per oz. to $1,326.10, pushing up the gold miners. The S&P/TSX Global Gold Index added 4.03 points to 204.82, while the…


Paladin Energy has suspended production at its Kayelekera uranium mine in Malawi (above). It had been operating at a loss due to low uranium prices. Credit: Paladin Energy

Paladin suspends production at Kayelekera

VANCOUVER — In the most significant curtailment of today’s uranium cycle, Paladin Energy (TSX: PDN) is suspending production its Kayelekera mine in Malawi until the uranium price recovers.



The mill at Centerra Gold's Boroo gold mine in Mongolia, which has produced more than 1.5 million oz. gold since 2004. Credit: Centerra Gold

Centerra posts strong Q4, unveils Oksut PEA

VANCOUVER — Producer Centerra Gold (TSX: CG; US-OTC: CAGDF) has been making headlines due to its negotiation with the Kyrgyzstan government over the ownership structure at its flagship Kumtor gold mine, 350 km southeast of the capital…


Processing facilities at Yamana Gold's El Penon gold-silver mine in northern Chile. Credit: Yamana Gold

Yamana takes US$536M impairment charge in Q4

Yamana Gold (TSX: YRI; NYSE: AUY) saw its fourth-quarter earnings diminish after several of its exploration projects and operations took impairment charges partly due to the decline in metal prices.



Augusta Resource's Rosemont copper project  in Arizona. Credit: Augusta Resource

Augusta blasts Hudbay’s ‘lowball’ hostile bid

Augusta Resource’s (TSX: AZC; NYSE-MKT: AZC) board calls the unsolicited takeover offer by Hudbay Minerals (TSX: HBM; NYSE: HBM) “grossly opportunistic” and “lowballed,” and urges shareholders to reject the…


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