Lake Shore Gold sells Mexican assets
Lake Shore Gold (LSG-T, LSG-N) is selling all of its Mexican properties to Revolution Resources (RV-T) in order to keep its management team and finances focused on its Canadian assets.
Mexico and Central America
Argonaut exceeds expectations
Shares of Argonaut Gold (AR-T) jumped nearly 5% to $10.09 after the company reported production results for the fourth quarter and for all of 2012.
Pan American to produce more silver, gold in 2013
Pan American Silver (PAA-T, PAAS-Q) had a strong year in 2012, helped by record silver and gold output in the fourth quarter, and it’s forecasting 2013 will be another “record setting-production year.”
Golden Predator changes name and focus to royalties
Golden Predator’s (GPD-T) decision to transition to a royalty-only mining company and build on its existing base of 34 projects pushed the junior’s shares up 16.7% to 38.5¢ on 2.7 million shares traded.
Argonaut exceeds expectations
Shares of Argonaut Gold (AR-T) jumped nearly 5% to $10.09 after the company reported production results for the fourth quarter and for all of 2012.
Alamos goes hostile on Aurizon
After pursuing Quebec-focused Aurizon Mines (ARZ-T, AZK-X) for years, Alamos Gold (AGI-T) has finally gone hostile, announcing a $780-million, cash-and-share bid for the junior gold miner.
Correction
In the article “First Majestic buying Orko Silver for La Preciosa” (TNM, Dec. 26/12), there was an error in the silver grade for the La Preciosa resource estimate. It was quoted as 1.04 grams silver per tonne but should have read…
SilverCrest finds new gold zone
Junior silver producer SilverCrest Mines (SVL-V) has discovered a new high-grade gold and silver zone that lies below and is parallel to the main mineralized zone that is being mined at its Santa Elena open-pit operation in Sonora, Mexico,…
Santacruz Silver on the fast track to production
VANCOUVER — For Mexico-focused Santacruz Silver Mining (SCZ-V) 2013 may well be the year where well-laid plans take root and begin to grow. The Vancouver-based company is working on a trio of advanced-stage silver projects with the goal…
Cash-rich AuRico to buy back shares
AuRico Gold (AUQ-T, AUQ-N) is flush with US$750 million in cash after selling Minera Frisco (MSNFY-O) its Ocampo mine and adjacent exploration projects, Venus and Los Jarros, in Mexico’s Chihuahua state, as well as its 50% interest in…
First Majestic buying Orko Silver for La Preciosa
“To add the amount of ounces we’re adding, there are simply not a lot of opportunities — it was almost a must-have for us to add this asset to our portfolio,” First Majestic Silver (FR-T) president and CEO Keith Neumeyer…
Silver Standard targets Pitarrilla
After repositioning Silver Standard as a well-funded firm with a strong management team and a sole operating mine in Argentina, Silver Standard Resources’ (SSO-T, SSRI-Q) president and CEO John Smith says his company is now “getting…