Updated: South African police open fire on striking Lonmin workers
VANCOUVER — Police in South Africa opened fire on striking workers at Lonmin’s (LMI-L) Marikana platinum mine Thursday, killing 34 and injuring at least 78.
2012
Riverside sees latent potential in Mexico
VANCOUVER — During a period when junior explorers are feeling a cash crunch and limiting expenditures, Vancouver-based Riverside Resources (RRI-V) is notably busy in its capacity as a project generator and early-stage explorer. With a…
Barrick looks to sell its African assets
Barrick Gold’s (ABX-T, ABX-N) new CEO Jamie Sokalsky has gotten straight down to business to help lift the company’s stagnating share price through a possible sale of its African unit.
Molycorp falls on financing news
Shares of Molycorp (MCP-N) plunged 7.5% to close at US$11.16 per share — a 52-week low — after the U.S.-based rare earths company said it would be raising US$450 million in convertible senior notes and common equity.
Timmins Gold targets lower costs at San Francisco
VANCOUVER — 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, and continues to demonstrate production…
Revolution advances its Mexican targets
VANCOUVER — Revolution Resources (RV-T) has hit high-grade mineralization below the historic Cinco Estrellas mine at its Universo project and discovered new prospects at its La Bufa property.
Argonaut to improve its Mexican ops
Argonaut Gold (AR-T) has a lot going for it in Mexico, where it operates the El Castillo and the new La Colorada gold mines and is pushing ahead its San Antonio project.
MAG Silver approves underground development at Juanicipio
MAG Silver Corp. (MAG-T, MVG-N, MVG-X) has approved a US$25 million budget for mine permitting and underground development work at its Juanicipio project in Mexico’s Zacatecas state, a joint-venture with Fresnillo PLC (FNLPF-O, FRES-L).
Scorpio rises to the challenge
If one word were chosen to describe Scorpio Mining’s (SPM-T) fortunes over the first half of the year it would have to be ‘change’.
BCSC puts a halt to Barkerville
VANCOUVER — The British Columbia Securities Commission (BCSC) has halted trading in Barkerville Gold Mines (BGM-V) because a much-anticipated technical report on its Cow Mountain gold deposit is not up to standard.
SilverCrest finds strength in consistency at Santa Elena
VANCOUVER — When it comes to early-stage mines, operational reliability can be an elusive target for junior producers, but that has not been the case for Vancouver-based SilverCrest Mines (SVL-V) and its Santa Elena silver-gold operation…
Soltoro making its name in Jalisco
When it comes to exploration in Mexico’s Jalisco State, Soltoro (SOL-V) has carved itself out as the junior of stature.