Primero eyes growth after a strong Q3
Cash-rich miner Primero Mining (TSX: P; NYSE: PPP) is steaming ahead on the back off a strong third-quarter and a healthy cash position to support its near-term growth plans in Mexico.
2013
Argonaut picks up coveted asset in Mexico from Silver Standard
When Peter Dougherty and his team were putting together Argonaut Gold (TSX: AR; US-OTC: ARNGF) in 2009, the San Agustin gold property — near Argonaut’s flagship El Castillo gold mine in Mexico’s Durango state — was one…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, November 5, 2013Precious MetalsPrice…
Adamera eyes golden upside in historic Washington
VANCOUVER — Vancouver-based Adamera Minerals (TSXV: ADZ) has cut ties with its uranium assets in Nunavut, and picked up gold projects in a less logistically challenging locale: Washington state.
Newmont leads by example
The last few weeks have been upbeat for Newmont Mining (TSX: NMC; NYSE: NEM). The has brought two of its projects into commercial production on schedule and budget: Akyem in Ghana and Phoenix Copper in Nevada. And Newmont revealed in its…
Belo Sun getting closer at Volta Grande
Belo Sun Mining (TSX: BSX) was close to seeing construction begin on its Volta Grande project in Brazil but due to recent events in Brazil’s Para State it will have to wait a few more weeks to see if it gets approval.
Silvercorp struggles with operational issues at Ying
VANCOUVER — It was a tough quarter for China-focused producer Silvercorp Metals (TSX: SVM) as the company grappled with staffing and cost issues at its flagship Ying silver mining district in the central province of Henan. The company…
Aura improves ops, but seeks more funds
Aura Minerals’ (TSX: ORA) move to cut costs across its mines has contributed to promising third-quarter results, but the company still has operating and financing hurdles to clear before it can receive better market recognition, says CIBC…
Eldorado Gold to pick up Glory Resources
Eldorado Gold (TSX: ELD; NYSE: EGO) plans to acquire the remaining shares of Glory Resources (ASX: GLY) in order to take control of Glory’s high-grade Sapes project in Thrace, Greece, which lies 15 km from Eldorado’s Perama Hill…
CEO: Feasibility shows Arianne’s Lac Paul is a ‘world-class asset’
Arianne Phosphate’s (TSXV: DAN; US-OTC: DRRSF) Lac à Paul phosphate-rock project in Quebec could be built for US$1.2 billion, a feasibility study shows. Of that amount, US$982.5 million (less US$73.9 million, set aside as…
Alamos posts solid Q3 results
Alamos Gold (TSX: AGI; NYSE: AGI) had a relatively good run in the third-quarter, with adjusted earnings of US$9.2 million, or US7¢ per share — in line with analysts’ expectations.
SilverCrest CEO digs into La Joya PEA
SPOKANE, WA — When it comes to positive stories about juniors transitioning to producers over the past few years, not many stand out like Vancouver-based SilverCrest Mines (TSXV: SVL; NYSE-MKT: SVLC) and its staged build-out at the Santa…