Aurizon’s Q4, year-end profits drop
Aurizon Mines (ARZ-T, ARK-X) reported lower fourth-quarter and annual profits for 2010 as it wrapped up a tough year at its flagship Casa Berardi gold mine in northwestern Quebec.
2011
Ethiopian Potash upbeat about the Danakil Depression
Despite lingering concerns in North America and Europe over a slower-than-expected economic recovery, there appears to be little worry left in Ethiopia’s potash-rich Danakil Depression.
Minera Andes makes headway at San Jose mine (March 28, 2011)
Exploration drilling in and around the San Jose underground mine 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 Andes…
Lima connections help Dia Bras acquire Yauricocha mine
Using the contacts of director Alberto Arias, a former Goldman Sachs (GS-N) analyst turned resource investor with a well-connected mining family in Peru, Dia Bras Exploration (DIB-V) has penned a US$310.2-million deal to acquire Sociedad Minera…
Columbus sets sail for French Guiana (March 28, 2011)
France is hardly considered a hotbed of mining potential, but Columbus Gold (CGT-V) sees the part of the country tucked away in the South American jungle as just that.
First Mexican finds gold and silver at Guadalupe
Recently-listed First Mexican Gold (FMG-V) has released good gold-silver assay results from shallow scout drilling at its Guadalupe project in Mexico’s Sonora state.
Fraser Institute: Latin America trails peers as mining destination (March 28, 2011)
Government policies of Latin American countries such as Guatemala, Bolivia, Venezuela and Honduras have dragged down investment in the entire region according to the Fraser Institute’s annual Survey of Mining Companies for 2010/11.
El Morro’s EIA gets the green light (March 28, 2011)
Chilean authorities have approved El Morro’s environmental impact assessment, joint-venture partners Goldcorp (G-T, GG-N) and New Gold (NGD-T, NGD-X), report.
Technical Analysis Report: Gold a safe-haven no more (March 28, 2011)
With the disaster in Japan reaping havoc on global markets, investors may well be looking to the past to get a better understanding of what investments held up in such uncertain times.
Yellowhead reviving B.C. copper project (March 28, 2011)
Recently listed Yellowhead Mining (YMI-V) is resurrecting the Harper Creek copper project in central British Columbia, building on a deposit that was discovered over 40 years ago.
Long intercept lifts Prodigy (March 28, 2011)
Prodigy Gold (PDG-V) continues to hit significant gold intercepts as it drives to push its Magino gold mine back into production.
Great Panther leaps on new resource, silver price (March 28, 2011)
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.