Silver

The view from Panoro Minerals' Cotabambas copper project in Peru, 50 km southwest of Cuzco. Credit: Panoro Minerals

Panoro could get snapped up, Laurentian says

Panoro Minerals (TSXV: PML; US-OTC: POROF) has completed a $5.8-million equity financing of 13.8 million shares at 42¢ underwritten by Laurentian Bank Securities and National Bank Financial. The money will help further exploration work at…



Construction at the Pimenton mine in Chile. In the second quarter of 2014, Pimenton produced 2,643 ounces of gold, up from 2,558 ounces of gold in the first quarter of the year, while cash costs fell from US$919 per oz. to US$778 per oz. Credit: Cerro Grande Mining

Cerro Grande cuts costs at Pimenton

At the end of January, the Toronto Stock Exchange launched a delisting review of Cerro Grande Mining (TSX: CEG; US-OTC: CEGMF) to determine whether the junior could keep a $2-million market value for 30 straight trading days.


London Silver Fix sees revamp

CME Group and Thomson Reuters have been chosen to deliver a new silver price mechanism to replace the London Silver Fix — a system that has been in place for over a century to set the daily benchmark price for silver.



Aura welcomes Agnico as partner in Nunavut

Shares in little known junior explorer Aura Silver Resources (TSXV: AUU; US-OTC: AUSVF) have been on the rise since Agnico Eagle Mines (TSX:AEM; NYSE:AEM) agreed to option into its 100%-owned Greyhound gold-silver project in Nunavut.



Coeur Mining's Palmarejo silver-gold operation, located in Chihuahua, Mexico. Credit: Coeur Mining.

Coeur rejigs stream agreement with Franco-Nevada

An amended royalty agreement with Franco-Nevada (TSX: FNV; NYSE: FNV) has given Coeur Mining (NYSE: CDE) the breathing room it needs to consider com­plet­ing the Guadalupe underground mine at its Palmarejo silver–gold complex in…


Pan American Silver's Dolores silver-gold mine in northern Mexico. Credit: Pan American Silver

Pan American Silver defers Dolores expansion

VANCOUVER — Adding an underground operation and a pulp agglomeration circuit to the open-pit Dolores silver–gold mine in Mexico would improve recoveries, boost throughout, increase free cash flow and cost only US$105 million to…



TSX hits record high, June 16-20

Canada’s benchmark index gained for the third straight week. The S&P/TSX Composite Index climbed 107.36 points to finish the week at 15,108.97, before reaching an all-time closing high of 15,112.22 points a day earlier.


Drillers targeting the Sulphurets deposit at Seabridge Gold's KSM gold-copper project in northwestern B.C. Credit: Seabridge Gold

Seabridge goes deeper at KSM in BC

Seabridge Gold’s (TSX: SEA; NYSE: SA) chairman and CEO Rudi Fronk says the company anticipates good news from the exploration program it has launched at its KSM gold–copper project in northwestern B.C.


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