Fortuna making San Jose bigger and stronger
Fortuna Silver (FVI-T) continues to bulk up its San Jose mine in the south of Mexico, and this time it is doing it for free.
News
Pangolin finds more kimberlites in Botswana
In the last two months, Pangolin Diamonds (PAN-V) has discovered two of the seven new kimberlites found in Botswana over the last five years and added as a consultant Manfred Marx, a diamond geologist who led the field team that in…
Lundin pulls trigger on US$325M Eagle deal
VANCOUVER — Lundin Mining (LUN-T) has been shopping for a base metal asset to add to its production portfolio, and on June 12 the company found a partner in Rio Tinto (RIO-N, RIO-L), which was looking to unload its development-stage Eagle…
Marathon cracks open gold system at Valentine Lake
Since picking up the 50% that it didn’t already own of the Valentine Lake gold project in Newfoundland, Marathon Gold (MOZ-T) has been busy proving up resources across the 260 sq. km flagship property, 57 km south of the mining town of…
Goldcorp grows in Canada
VANCOUVER — It has been a tough year for Canadian gold producers, but Vancouver-based Goldcorp (G-T, GG-N) has side-stepped the writedowns and jurisdictional concerns plaguing many of its peers. Goldcorp’s conservative approach…
Newcrest to take $6B writedown, cut office jobs
Newcrest Mining (NM-T, NCM-A), joining a growing list of miners that have been rattled by the recent dip in commodity prices amidst escalating costs, intends to slam the brakes on spending and swallow up to A$6 billion ($5.8 billion) in…
Commentary: TSX rule change gets mixed reaction Down Under
On Dec. 31, 2012, the Toronto Stock Exchange made amendments to its company manual to require that TSX-listed issuers elect all directors annually, in addition to changes requiring disclosure of majority voting policies.
Orefinders sees potential in gold-rich Kirkland Lake
VANCOUVER — When equity markets and investors get skittish, being an explorer in an established jurisdiction with minimal socio-political risk can really pay off. And with that in mind, Vancouver-based junior Orefinders Resources (ORX-V)…
Silvercorp sees expansion potential in China’s Ying district
VANCOUVER — China-focused silver miner Silvercorp Metals (SVM-T, SVM-N) had a busy year in 2012 on the exploration front, and has released a myriad of results over the past eight weeks that cover 80,000 metres of drilling over three mines…
Clifton keeps advancing Duparquet
Clifton Star Resources (CFO-V) is getting busy at its Duparquet gold property in northwestern Quebec, with plans to table a resource update by July, followed by a prefeasibility study in early 2014.
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, June 18, 2013 Precious MetalsPrice…
Colorado Resources suffers a discovery hangover at North ROK in BC
VANCOUVER — It is often difficult to maintain market momentum after a really strong discovery hole on a project. And Kelowna-based explorer Colorado Resources (CXO-V) found out just how trigger-happy investors can be when the company…