Eldorado battles Q3 costs in China
Eldorado Gold (ELD-T, EGO-N) forecasts gold production this year from its operating mines in China, Turkey, Greece and Brazil will reach 660,000 ounces at cash operating costs of US$465 per oz.
Silver
Corrections
In the article “Soltoro picks low-hanging fruit in Jalisco” (T.N.M., Oct. 22–28/12,) an investor was incorrectly identified as Soltoro’s vice-president of exploration in the photo caption on page 12.
Fortuna’s 2012 looking good
Fortuna Silver Mines (FVI-T, FSM-N) says it is set to beat its full-year forecast, helped by record third-quarter production. The Vancouver-based firm is targeting 3.7 million oz. silver and 17,400 oz. gold this year, and by the end of…
PEA lifts Entre Gold, but Mongolian risk remains
Entrée Gold’s (ETG-T) shares rebounded after outlining encouraging economics at the Ann Manson copper-molybdenum porphyry deposit in Nevada, following a recent slump that the company attributed mostly to “current political…
Argentum Silver: No regrets, Coyote
It took just over a year for the management team at Argentum Silver (ASL-V) to decide whether it would go all the way with the Coyote project — a land package here in Mexico’s Jalisco state it optioned from Soltoro (SOL-V) in early…
Alexco takes a ‘pretty fast ride’ at Keno Hill
Operating Canada’s only primary silver mine, Alexco Resource (AXR-T, AXU-X), is optimizing its Bellekeno silver-lead-zinc mine, 450 km north of Whitehorse in the Yukon.
Soltoro picks low-hanging fruit in Jalisco
It’s not every day that a primary silver deposit is found at the side of a road.
Mirasol makes the grade with Patagonian silver
Argentina-focused silver-gold explorer Mirasol Resources (MRZ-V) has a budding joint-venture with U.S.-based producer Coeur d’Alene Mines (CDM-T, CDE-N) at the Joaquin silver-gold property in Argentina’s Santa Cruz province, 80 km…
SilverCrest to raise $30M, close gold hedge book
Precious metals producer SilverCrest Mines (SVL-V, SVLC-X) has expanded its bought financing to $30 million from $26 million, and will use the proceeds to eliminate the remainder of its gold hedge book and beef up its working capital.
Capstone: Doing it the right way
Capstone Mining (CS-T) is one of those good stories in the mining world that often gets overlooked: the company went out and did what it said it would do, and now it’s reaping the benefits of two steadily producing copper mines that…
Primero up 36% on positive tax ruling
Primero Mining (P-T, PPP-N) shares soared 36% after the producer received a favourable tax ruling from Mexican authorities on an “advance pricing agreement” (APA) relating to its San Dimas gold-silver mine located on the border of Sinaloa and…
MAG Silver celebrates initial resource at Cinco de Mayo
The Cinco de Mayo project in northern Mexico’s Chihuahua state contains inferred resources of 12.5 million tonnes grading 132 grams silver per tonne, 0.24 gram gold per tonne, 2.86% lead and 6.47% zinc, MAG Silver (MAG-T, MAG-X) reports,…