US stocks post first weekly loss in 2013
U.S. equities ended the Feb. 4–8 trading week down with the Dow Jones Industrial Average slipping 0.1% or 16.82 points to 13,992.97, putting an end to five weeks of gains.
Silver
Getting it right at Comstock
Struggling with broken balance sheets and non-progressive management philosophies is part of his DNA, Corrado DeGasperis says.
Yukon exploration slow but steady in 2012
VANCOUVER — Depressed equity markets, a cool spring that kept snow on the ground and floods in June that washed out major roads meant 2012 was much quieter in the Yukon than it was in 2011.
Back Forty gains grade but HudBay keeps project suspended
VANCOUVER – A new resource estimate for the Back Forty project in Michigan has boosted the deposit’s metal grades, but despite the improvement there is no work underway at the site because project operator HudBay Minerals (HBM-T)…
Costs creep up at Chesapeake’s Metates project
Chesapeake Gold (CKG-V) has completed a prefeasibility study (PFS) on its Metates gold-silver project in Mexico’s Durango state, showing it could annually produce 954,000 gold-equivalent oz. and 143 million lbs. zinc for 25 years.
Wolfden is back, and this time it has New Brunswick on its mind
When Don Hoy first met Ewan Downie back in the mid-1990s, the geologist recognized something different about the then contractor.
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.
Golden Predator rebrands, shifts focus to royalties
Golden Predator’s (GPD-T) decision in late January 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.
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.”
Eco Oro’s Angostura largely unaffected by new park limits
Eco Oro Minerals (EOM-T) has moved one step closer in advancing the Angostura gold-silver project in northeastern Colombia, as it has noted the deposit sits largely outside of recently approved regional park boundaries. The news caused its…
Eritrean trials and tribulations for Nevsun
Doing business in East Africa comes with its challenges, but Nevsun Resources (NSU-T) has a robust outlook for its Bisha mine in Eritrea despite dealing with matters that miners closer to home would never encounter.
KSM keeps growing for Seabridge
Seabridge Gold’s (SEA-T, SA-N) KSM project is already one of the largest undeveloped gold projects in the world, home to 38 million oz. gold and 10 billion lb. copper. But with drills tapping into deep core zones and new stepout targets,…