Juniors like Coro face tough choices
Difficult markets and strained balance sheets are dogging junior mining companies across the industry, forcing them to make some hard decisions about how to manage their assets.
South America
Drilling returns more silver and gold at Fortuna’s mines
VANCOUVER — Gold and silver prices struggled in April, which meant most precious metal producers saw their share prices slide. For Fortuna Silver Mines (FVI-T, FSM-N), however, a slumping share price belies strong financials and promising…
Eldorado perseveres on the road to more ounces
VANCOUVER — It has been a busy year for Eldorado Gold (ELD-T), but that’s business as usual for a company that has doubled its gold output in five years, and plans to more than double it again by 2015.
Consistent gold hits for Red Eagle in Colombia
VANCOUVER — The Santa Rosa gold project in Colombia is producing promising intercepts even as owner Red Eagle Mining (RD-V) updates the project’s gold tally and wraps up a first-pass economic assessment.
Belo Sun drops on Volta Grande’s prefeasibility study
Shares of Belo Sun Mining (BSX-T) fell after the company released a prefeasibility study on its 100%-owned Volta Grande gold project in Para State, Brazil, after markets closed on May 6.
Coeur’s revamp
Idaho-based silver producer Coeur d’Alene Mines (CDM-T, CDE-N) is charting a new course to thrive in the changing and turbulent market by optimizing assets and trimming costs, while still keeping an eye out for growth.
Cheap coal hits Teck’s bottom line
Teck Resources’ (TCK-T, TCK-N) first-quarter performance beat analyst expectations but came in lower compared to a year ago, owing to global economic uncertainty and weaker commodity prices.
Yamana’s Q1 profits plunge as costs rise
Despite producing more gold than a year ago, Toronto-based Yamana Gold (YRI-T, AUY-N) wasn’t able to buck the trend of miners posting shrinking first-quarter profits amidst dipping metal prices. Profit for the first quarter of…
Trevali ‘more than a one-trick pony,’ Haywood says
New Brunswick has given the green light to Trevali Mining (TV-T) to operate its Caribou mine and mill complex in the Atlantic province’s Bathurst mining camp, and the zinc-focused development company says it expects to fire up the mill…
Goldrock nears construction decision with positive Lindero feasibility study
VANCOUVER — With a new name, a revamped management team and now a feasibility study for its flagship Lindero gold project in Argentina, Goldrock Mines (GRM-V) is striding towards its goal of becoming a gold producer.
Rio Alto squeezes more out of La Arena
On the back of its La Arena gold operation in Peru, Rio Alto Mining’s (RIO-T, RIO-N) is becoming a miner to be reckoned with.
Bellhaven expands Colombian footprint
Large-tonnage, low-grade deposits may not be the flavour of the month, but Bellhaven Copper & Gold (BHV-V) is in a good position for whenever investors resume their love affair with big gold deposits.