2014

S&P 500 on a roll, Aug. 25-29

The benchmark S&P 500 Index ended the week on a high note, finishing above the 2,000-mark for the third time during the trading week. The S&P 500 advanced 0.75% to 2,003.37, while the Dow Jones Industrial Average climbed 0.6% to finish…



Corrections

The article “Rockhaven has high hopes for Klaza in Yukon” (T.N.M., Sept. 1-7/14) should have stated that Matt Turner is only the CEO of Rockhaven Resources, while Robert C. Carne serves as president.


Processing facilities at Santacruz Silver Mining's s Rosario silver-gold-zinc-lead mine in Mexico. Credit: Santacruz Silver Mining

Santacruz ramps up its Rosario mine

Santacruz Silver Mining (TSXV: SCZ) is eyeing production growth in Mexico with a ramp up at its Rosario silver–gold–zinc–lead mine.


A drill rig at Atacama Pacific Gold's Cerro Maricunga gold project in Chile. Credit: Atacama Pacific Gold

Atacama hits PFS milestone at Cerro Maricunga

VANCOUVER — According to president and CEO Carl Hansen the scale of Atacama Pacific Gold’s (TSXV: ATM; US-OTC: ACPGF) proposed heap-leach mine plan at its Cerro Maricunga project in Chile — located 140 km by road…


The Mineral Park copper-molybdenum mine in Arizona. Credit: Mercator Minerals

Mercator on life support

Financially troubled producer Mercator Minerals (TSX: ML; US-OTC: MLKKF) has filed for protection from its creditors in Canada and the U.S.


TSX soars, Aug. 25-29

Canada’s main stock index kicked off the Labour Day weekend with a 90.18-point gain to 15,625.73. The S&P/TSX Global Gold Index edged up nearly 4 points to 202.10, helped by a US$6.40 per oz. jump in the gold spot price, which closed…


Drillers at work at Paramount Gold & Silver's San Miguel gold-silver project in Mexico. Credit: Paramount Gold & Silver

Paramount’s plan for San Miguel

VANCOUVER — Paramount Gold & Silver’s (TSX: PZG; NYSE-MKT: PZG) new strategy at its wholly owned San Miguel gold–silver project in northern Mexico’s prolific Palmarejo district is all about lowering capital…


TSX Venture on the rise, Aug. 25-29

The S&P/TSX Venture Composite finished in the green for the second straight week during the trading period, as it jumped 1.8%, or 18.41 points, en route to a 1,023.99-point close. Markets followed energy and precious metals futures upward,…


Primero Mining's San Dimas gold-silver mine in Durango, Mexico, where the company plans to increase production by 25%. Credit: Primero Mining

Primero to expand San Dimas

Primero Mining (TSX: P; PPP: NYSE) has green-lighted an expansion of its San Dimas gold–silver mine in Durango, Mexico, a move that will increase production by 25% at a cost of only $26.4 million.



In western Turkey, looking south from Alamos Gold's Agi Dagi gold project towards its Kirazli gold project, 3 km away. Credit: Alamos Gold

Alamos scores Agi Dagi EIA approval, but Kirazli in limbo

VANCOUVER — It’s been a rocky permitting road for producer Alamos Gold (TSX: AGI; NYSE: AGI) in Turkey given the legal troubles surrounding its Kirazli epithermal gold project. But the company looks to have made some…


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