SilverCrest Mines (TSXV: SVL; NYSE-MKT: SVLC) has revised upwards its full-year 2013 silver guidance after producing more silver than planned in the second quarter from its flagship Santa Elena silver-gold mine in Sonora, Mexico.
Azarga Resources, a Hong Kong-based private uranium investment firm founded by mining executive Andrew Molyneux, has bought 17.5% of Powertech Uranium’s (TSX: PWE; US-OTC: PWURF) outstanding shares and agreed to take a 60% stake in the…
Spot pricesCourtesy of ScotiabankTuesday, August 20, 2013Precious MetalsPrice…
VANCOUVER — It is becoming exceedingly difficult to be a successful precious metals producer, but for juniors like Impact Silver (TSXV: IPT), these tough markets are an opportunity to show why fiscal restraint and measured growth are keys…
Shares of Allied Nevada Gold (TSX: ANV; NYSE-MKT: ANV) took a tumble after the company announced a construction delay and unremarkable earnings.
Endeavour Silver (TSX: EDR; NYSE: EXK) had a tough second quarter, with adjusted earnings plunging below analysts’ expectations due to lower gold and silver prices.
VANCOUVER — It has become a game of margins for Kinross Gold (TSX: K; NYSE: KGC). A steep drop in gold prices has sent the company scrambling to identify cost-saving measures, while the ill-fated, US$7.1-billion acquisition of Red Back…
Rising borrowing rates dampened consumer sentiment and the major U.S. stock indexes fell for the second week. The Dow Jones Industrial Average sank 2.23% — or 344.04 points to 15,081.47, its sharpest decline in a year — and the…
There is little arguing that it has been a rough year for investors in gold mining stocks. But just how bad it has been may come as a surprise: not since the financial crisis of 2008 have investors seen so much of their wealth demolished in…
The old Sleeper Pit has been hiding more gold than Paramount Gold and Silver (TSX: PZG; NYSE-MKT: PZG) realized.
Commercial production began in April at OceanaGold’s (TSX: OGC) Didipio mine in the Philippines, and in the second quarter the mine churned out 13,676 oz. gold and 5,710 tonnes copper. For the first six months of the year Didipio’s…
Nolan Watson — the dynamo who co-founded Sandstorm Gold (TSX: SSL; NYSE: SAND) in the depths of the financial crisis in 2008 after serving as one of the first two employees at Silver Wheaton (TSX: SLW; NYSE-MKT: SAND) and as its chief…
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