When Tom Ogryzlo replaced John Greenslade as head of Baja Mining (TSXV: BAJ) in May 2012, the company and its then 70%-owned copper-cobalt-zinc Boleo project in Mexico were in freefall — reeling from hundreds of millions of dollars in…
Mining companies should take note of Canada’s stricter penalties and more aggressive enforcement of anti-corruption laws and make sure their anti-bribery compliance procedures are up to speed, lawyers, forensic accountants and mining…
U.S. stocks snapped a three-week losing streak to close the abbreviated trading week higher. The Dow Jones Industrial Average gained 161.03 points, or 0.9%, to finish at 17,672.60, while the S&P 500 Index moved up 32.4 points, or 1.6%, to…
VANCOUVER — U.S. silver outfit Hecla Mining (NYSE: HL) could be on the verge of adding a new asset to its near-term production profile after a 2014 drill program at its San Sebastian property in Durango, Mexico. The company briefly…
Aura Minerals (TSX: ORA; US-OTC: ARMZF) has become the latest casualty of slumping commodity prices, unresponsive financing markets and fixed costs: It is suspending mining operations temporarily at its Aranzazu copper-gold-silver mine in…
VANCOUVER — On Jan. 20 copper producer Capstone Mining (TSX: CS; US-OTC: CSFFF) released its production and capital expenditure guidance for 2015, and the results don’t have analysts at BMO Capital Markets particularly enthusiastic….
The U.S. market fell during the week amid lower oil prices. The S&P 500 Index slipped 13.39 points to 2,044.81, while the Dow Jones Industrial Average fell 95.62 points to 17,737.37. The Nasdaq Composite closed down 22.74 points at…
Given the unchanged prospects at Barrick Gold’s (TSX: ABX; NYSE: ABX) suspended Pascua-Lama gold-silver project in Chile and Argentina, Silver Wheaton (TSX: SLW; NYSE: SLW) has again amended its silver-stream agreement on the asset.
VANCOUVER — According to Coeur Mining (TSX: CDM; NYSE: CDE) president and CEO Mitchell Krebs, the company’s proposed friendly takeover of junior Paramount Gold and Silver (TSX: PZG; NYSE-MKT: PZG) is one of the…
Timmins Gold (TSX: TMM; NYSE-MKT: TGD) has been looking at Goldgroup Mining’s (TSX: GGA) Caballo Blanco project in Mexico for a couple of years now, and has finally signed a deal to acquire 100% of the asset.
VANCOUVER — According to Coeur Mining (NYSE: CDE) president and CEO Mitchell Krebs, the company’s friendly take-over of junior Paramount Gold and Silver (TSX: PZG; NYSE-MKT: PZG) is one of the most “logical and strategic acquisitions”…
VANCOUVER — It’s all about boosting near-term liquidity for silver producer Aurcana (TSXV: AUN; US-OTC: AUNFF) as it grapples with a high debt load and falling metal prices. On Dec. 1 the company released its…
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