San Miguel begs to be built
It has taken eight years, but Paramount Gold and Silver (PZG-T, PZG-X) CEO Christopher Crupi says the company’s San Miguel project in northern Mexico, about 300 km southeast of Hermosillo, has been well worth the wait.
News
Thompson Creek looks challenges in the eye
First the good news: Thompson Creek Metals (TCM-T, TC-N) says it has enough cash to finish building its recently acquired Mount Milligan copper-gold mine project near Prince George, B.C., and that the project remains on target for start-up in…
SilverCrest beefs up Santa Elena
Three important bits of information came out of SilverCrest Mines’ (SVL-V, SVLC-X) latest drill results from its Santa Elena project in Mexico.
Kaminak outlines fully funded 2013 program at Coffee
VANCOUVER — It is full steam ahead for Vancouver-based explorer Kaminak Gold (KAM-V) at its wholly owned Coffee gold project in the Yukon’s White Gold district. Fresh off its maiden resource, which cemented Coffee’s…
Hecla trumps Alamos with deal to acquire Aurizon
VANCOUVER — Hecla Mining (HL-N) and Aurizon Mines (ARZ-T, AZK-X) started talking about a business combination in 2006, but couldn’t agree on the terms. However, they liked each other enough that they maintained contact, waiting…
Editorial: Brunswick takes its final bow
The iconic symbol of mining in the Maritime provinces, the Brunswick zinc-lead mine in northern New Brunswick’s Bathurst camp, is ceasing mining operations this month after 48 years and four different owners.
Sherritt reports loss, but boosts dividend on back of Ambatovy
Sherritt International (S-T) has shouldered such industry-wide hardships as lower commodity prices and higher costs, but the company is signalling its bullishness for the future by increasing its dividend, despite reporting a…
Commentary: Juniors vulnerable to running afoul of US anti-bribery laws
Imagine this: a small mining company in Denver hires a consultant in a small African country to buy mining rights to a promising gold acreage. The company feels lucky to have hired the consultant because he is well known and connected in the…
Finland is the No. 1 spot for mining: Fraser Institute
Finland has taken the heavyweight title as the world’s best mining jurisdiction, fending off last year’s winner, New Brunswick, which slipped to fourth behind Sweden and Alberta, the Fraser Institute reports in its annual mining…
Selwyn turns the page after eight years at Howard’s Pass
VANCOUVER — It has been quite a ride for Vancouver-based junior Selwyn Resources (SWN-V) since it acquired a 100% stake in the Howard’s Pass zinc-lead project from a Placer Dome joint venture in 2005. The story came to an end on Mar. 5,…
New Amulsar resource as Lydian pushes towards production
VANCOUVER – Lydian International (LYD-T) is on the move in Armenia as it advances its Amulsar gold project towards production.
TSX manages to move up, Feb. 25-March 1
Toronto’s main index managed to stay up during the Feb. 25–March 1 trading week, despite concerns over China’s slowed growth and the state of the U.S. economy.