Sandstorm buys Diavik diamond mine royalty
Gold-focused royalty and streaming company Sandstorm Gold (TSX: SSL; NYSE: SAND) has branched out into diamonds.
South America
NGEx builds on discovery in Chile-Argentina
VANCOUVER — Junior explorer NGEx Resources (TSX: NGQ; US-OTC: NGQRF) continues to expand mineralization at its Filo Del Sol project in a district it refers to as “Chile’s largest new copper-gold camp.” Bob Carmichael,…
Downturn a chance for governments to craft competitive policies: World Bank
Like other regions, Latin America has seen a slowdown in mining investment owing to the global decline in commodities prices.
Red Eagle poised to build Colombia’s next gold mine
VANCOUVER — It’s been a rapid race to production for junior Red Eagle Mining (TSXV: RD; US-OTC: RDEMF) at its Santa Rosa gold project, 70 km north of Medellin, Colombia. On March 10 the company received an environmental licence for…
PDAC 2015: Greg McCoach’s firms to watch in 2015
Newsletter writer Greg McCoach of the Mining Speculator is sharing a number of quality names that he believes are worth looking at, despite the current downturn in the resource market, in part due to the strong U.S. dollar.
Goldsource closes in on production at Eagle Mountain
VANCOUVER — It’s all about profitable ounces for junior Goldsource Mines (TSXV: GXS; US-OTC: GXSFF) at its fledgling Eagle Mountain project, 230 km southwest of Georgetown, Guyana.
Tahoe steamrolls through 2015
There’s no slowing down for Tahoe Resources (TSX: THO; NYSE: TAHO).
Mandalay shines in tough markets
It’s no surprise analysts have been praising Mandalay Resources (TSX: MND; US-OTC: MNDJF) for meeting its production guidance and paying dividends, which many competing juniors are struggling to do in the bleak commodity price environment.
Kinross defers Tasiast mill expansion
Kinross Gold (TSX: K; NYSE: KGC) has put its US$1.6-billion Tasiast mill expansion project on hold to keep its balance sheet intact in the current low gold price environment, with at least one analyst thinking the firm is considering other…
Yamana aims to apply ‘lessons learned’ at Cerro Moro
VANCOUVER — It’s become relatively rare to see intermediate gold producers commit capital to new developments, but Yamana Gold (TSX: YRI; NYSE: AUY) is bucking the trend at its Cerro Moro low-sulphidation epithermal deposit in Santa…
Coeur takes US$1B writedown in 2014
Coeur Mining (TSX: CDM; NYSE: CDE), the largest U.S.-based silver producer, reported a wider net loss for 2014 as it took a US$1-billion after-tax writedown in the fourth quarter, following weaker silver and gold prices.
Hudbay looks forward to big returns on investment in 2015
VANCOUVER — According to Hudbay Minerals (TSX: HBM; NYSE: HBM) president and CEO David Garofalo the past year marked a “turning point” for the company that will see roughly five years of expansion and capital investment…