Hudbay opens two mines
Hudbay Minerals’ Lalor and Reed mines officially opened on Sept. 16 in Manitoba.
Zinc-Lead
Sean Roosen brings golden touch to Falco
The co-founder of Osisko Mining — who brought the $1-billion Canadian Malartic mine into production, and oversaw the sale of the company earlier this year to Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Yamana Gold (TSX: YRI; NYSE: AUY)…
Santacruz lands US$28.4M deal to fund second mine
Santacruz Silver Mining (TSXV: SCZ) has signed a US$28.4-million prepaid silver-purchase agreement to help fund its San Felipe silver-lead-zinc project in Sonora state, Mexico.
Bear Creek keeps Corani on track, reduces costs
As Bear Creek Mining (TSXV: BCM) works to produce an updated feasibility study for its flagship Corani silver–lead–zinc project in southern Peru by year-end, its efforts to reduce costs are already paying off.
Selwyn to sell ScoZinc for $17.5M
Selwyn Resources (TSXV: SWN; US-OTC: SWNLF) has agreed to sell its main asset — the ScoZinc mine, mill and related properties in Nova Scotia — for $17.5 million to a private company named Scotian Zinc Mines.
Santacruz hopes to get San Felipe in production by 2016
VANCOUVER — Producer Santacruz Silver Mining (TSXV: SCZ; US-OTC: SZSMF) is sizing up a major boost in silver-equivalent output over the next few years, and a big part of that plan is its San Felipe asset located 130 km northeast of…
Trevali finds more copper and gold at Stratmat in New Brunswick
Trevali Mining (TSX: TV; US-OTC: TREVF) is hitting the right notes with its drill programs in Peru and New Brunswick, discovering three zones over the last three months.
Levon touts ‘large-scale’ discovery in Mexico
VANCOUVER — The silver market has declined since cash-rich explorer Levon Resources (TSX: LVN; US-OTC LVNVF) last released a resource estimate at at its wholly owned Cordero silver–zinc–lead project in…
Santacruz ramps up its Rosario mine
Santacruz Silver Mining (TSXV: SCZ) is eyeing production growth in Mexico with a ramp up at its Rosario silver–gold–zinc–lead mine.
US stocks advance, Aug. 18-22
U.S. equities had a strong run during the Aug. 18–22 week. The Dow Jones Industrial Average jumped 338 points to 17,001.22. The S&P 500 Index rose 33 points to 1,988.40, while the tech-heavy Nasdaq Composite Index climbed 74 points to…
Aquila rises on positive PEA for Back Forty
Shares of Aquila Resources (TSX: AQA; US-OTC: AQARF) rose 15% after the Toronto-based firm published an updated preliminary economic assessment (PEA) for its gold- and zinc-rich Back Forty project in Michigan’s Upper Peninsula.
Building roads to resources a priority, says NWT premier
Mining is the largest industrial sector in the Northwest Territories (NWT), and building transportation and other important infrastructure is the key to unlocking its potential, NWT Premier Bob McLeod said at a symposium in Toronto on Aug. 6.