2012

Joseph Conway

Primero’s star rises in the west

 The industry expected big things from Toronto-based Primero Mining (P-T, PPP-N) when it acquired the San Dimas gold-silver mine in Mexico for US$500 million from Goldcorp (G-T, GG-N) just over two years ago. But things did not always go…


Enticing Guerrero belt attracts gold juniors

Newstrike Capital (NES-V) has hit encouraging infill gold intercepts at its Ana Paula project in southwestern Mexico’s Guerrero gold belt.The delineation drilling, which targeted the project’s southeast, includes hole 12-97 that…


Mexico A-GoGold

After months of waiting, GoGold Resources (GGD-V) has wrapped up its acquisition of Absolute Gold Holdings and is once again actively trading on the TSX Venture Exchange.GoGold first announced the all-share take-over of Absolute in late March,…


Mexico buoys Pan American in stormy seas

Thanks to its acquisition earlier this year of the Dolores silver mine in northern Mexico, Pan American Silver (PAA-T, PAAS-X) set a new quarterly record for gold production and posted the second-highest silver production in…


Blockade forces Excellon to shut Platosa mine

Excellon Resources (EXN-T) continues to be plagued by labour and community issues at its Platosa mine in Mexico’s Durango State, with the company recently suspending operations.


Timmins Gold targets lower costs at San Francisco

Vancouver-based producer Timmins Gold (TMM-T, TGD-X) is moving into the second year of commercial operations at its 100%-owned San Francisco open-pit gold mine in Sonora State, Mexico. The company continues to demonstrate production and revenue…



US markets

The Dow Jones Industrial Average and the S&P 500 Index posted gains for the sixth consecutive week, buoyed by comments from German Chancellor Angela Merkel that she supports the European Central Bank’s efforts to fight debt, and…


Honouring Timmins’ mine finders

Led by association president Dean Rogers, northern Ontario’s Porcupine Prospectors and Developers Association has erected three bronze statues to honour legendary gold mine finders (from left): Jack Wilson of the Dome mine, Sandy McIntyre…


Toronto Stock Exchange

The S&P/TSX Composite Index jumped 199 points, or 1.7% during the trading week, to close at 12,089.89. The boost came in part from positive economic data and Germany’s commitment to save the euro currency union. The S&P/TSX Global…


TSX Venture Exchange

The S&P/TSX Venture Composite Index rallied to its highest level since July during the period, rising 42 points, or 3.6%, en route to a 1,233.17 weekly close. Spot gold rose to US$1615.80 per oz. to finish the week, and silver continued to…


Revolution’s Mexican discoveries

Revolution Resources (RV-T) has hit high-grade gold and silver below the historic Cinco Estrellas mine at its Universo project and discovered new prospects at its La Bufa property.


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