VANCOUVER — Brazil’s metals and energy tycoon Eike Batista has had his sights set on Colombia’s red-hot California gold district for well over a year. Batista’s EBX Group — through Canadian subsidiaries AUX Acquisition…
Mining investors often get caught up in the idea that the bigger the deposit the better the deposit.
The TSX Composite Index shrugged off the uncertain economic climate and managed to gain 234 points, reaching 12,415.98 points for the Oct. 15-19 period. The Index was carried to greater heights on the back of stronger than expected quarterly…
Malaga (MLG-T) lost a third of its value after temporarily suspending production at its Pasto Bueno tungsten plant in Peru, as it wrestled to keep down costs following a recent power outage at its underground operation.
VANCOUVER — The S&P TSX Venture Composite Index gained 22.8 points or 1.8% during the Oct. 15-19 trading period before closing out the week at 1,315.62 points. Promising news out of the U.S. and China early in the week drove gains,…
Disappointing earnings from U.S. bellwethers McDonald’s and General Electric soured an already grim mood on Wall Street with Oct. 19 marking the worst day the Dow Jones Industrial Index has had since June 21. For the week the Dow managed…
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.
It’s not every day that a primary silver deposit is found at the side of a road.
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…
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.
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…
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,…
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