Silvercorp rallies on audit findings
Silvercorp Metals (SVM-T, SVMN) looks to have been vindicated of fraud allegations in a forensic audit, leading to a sharp recovery in its share price.
Silver
Copper Canyon ‘very pleased’ with sweetened NovaGold bid (March 11, 2011)
Vancouver – Just one month after dismissing the Dec. 20, 2010, takeover bid of joint venture partner NovaGold Resources (ng-t, ng-x) as “inadequate,” and only one week after suing it for allegedly failing to honour certain terms of the JV…
Minera Andes makes headway at San Jose mine (March 11, 2011)
Exploration drilling in and around the San Jose underground mine in Argentina last year uncovered 7.5 km of new high-grade silver-gold veins, a 44% year-on-year increase in the cumulative strike length of all the known veins at the mine, Minera…
First Mexican’s Guadalupe drill results
Vancouver – Recently-listed First Mexican Gold (FMG-V) has released gold-silver assay results from its Guadalupe project in Mexico’s Sonora State.
Sabina off to busy 2011 in Nunavut
Vancouver – Sabina Gold and Silver (SBB-T) has released an updated resource for its Back River gold project in Nunavut just as it embarks on an extensive drill program in the area.
Great Panther leaps on new resource, silver price (March 08, 2011)
Vancouver – Positive exploration and development news from its two silver mines in Mexico and a 30-year-high silver price have helped Great Panther Silver (GPR-T, GPL-X) achieve an all-time share price high.
PDAC: precious metals and uranium gurus weigh in with predictions for 2011
The opening technical session “Commodities and Market Outlook” of the Prospectors and Developers of Canada convention in Toronto gave a relatively upbeat outlook for precious metals and uranium prices this year, especially considering the wild…
Trevali revives Santander mine in Peru
The Santander mine project located 215 km from this coastal city has historic assets and strategic advantages that should help Trevali Resources (TV-T) achieve its goal of becoming Latin America’s newest silver-lead-zinc producer.
Quartermain’s Pretium is off to a good start
After 25 years at the helm of Silver Standard Resources (SSO-T, SSRI-Q), Robert Quartermain is back in action with a start-up company called Pretium Resources (PVG-T).
Coeur d’Alene hits sweet spot (March 11, 2011)
Despite a slight decline in annual production, Idaho-based Coeur d’Alene Mines (CDM-T, CDE-N) cashed in on climbing silver prices in 2010, recording record sales of US$515 million, a 72% increase over 2009 revenue. If precious metal prices…
Trevali poised to revive Santander mine in Peru
SITE VISIT: Lima, Peru – The Santander mine project located 215 km from this coastal city has historic assets and strategic advantages that should help Trevali Resources (TV-T) achieve its goal of becoming Latin America’s newest…
An Alaskan district takes shape
Vancouver – Talk of a district may be premature, but interest is growing in an area roughly 150 km northwest of Anchorage Alaska thanks largely to Kiska Metals’ (KSK-V) efforts there.