Latin American Minerals dreams big in Paraguay
One of South America’s most isolated countries — ruled by a series of authoritarian governments for most of the twentieth century — has seen virtually no modern mineral exploration.
Volume 100 Number 15 May 26 - Jun 1, 2014
Centerra eyes lower costs going forward
Falling gold prices and rising costs combined to take a bite out of Centerra Gold’s (TSX: CG) bottom line, although not to the extent analysts had expected.
Uranium Energy advances Paraguay projects
Six years ago when Uranium Energy (NYSE-MKT: UEC) expanded its in-situ recovery uranium projects beyond those it was developing in southern Texas, one of the parts of the world the company took a close look at was Paraguay.
Exeter lays out options for Caspiche
VANCOUVER — Exeter Resource’s (TSX: XRC; NYSE-MKT: XRA) Caspiche project in northern Chile hosts proven and probable reserves exceeding 19 million oz. gold and 4.6 billion lb. copper. Such a large deposit had Exeter envisioning a…
Goldrock’s Matysek out to prove Argentina’s a good bet
VANCOUVER — Lindero is an economically robust gold mine project that is permitted for development. Its capital costs are reasonable, it has support from the local populations and authorities, and it is being driven forward by Paul…
Second gold discovery for Orca Gold in Sudan
VANCOUVER — In the first drill program ever to test the 7,000 sq. km Block 14 property in Sudan, Orca Gold (TSXV: ORG; US-OTC: CANWF) pulled intercepts like 2.39 grams gold per tonne over 63 metres, 3.7 grams gold over 31 metres and 13.6…
TSX dips a little, May 12-16
The S&P/TSX Composite Index has risen by more than 7% so far this year, but Canada’s main stock index fell 19.32 points to 14,514.74 during the trading week. The S&P/TSX Capped Diversified Metals & Mining Index rose 22.08…
U.S. markets make slight gains on mixed data, May 12-16
With mixed economic news during the trading week, market participants tended towards a bullish interpretation. Despite the Dow Jones Industrial Average being down 73 points to 16,511.86, the S&P 500 Index fared better, swinging positive and…
TSX Venture finishes in the red, May 12-16
The S&P/TSX Venture Composite Index had a tough run during the week, losing 14.55 points before closing at a four-month low of 976.55. Markets pulled back after the U.S. Federal Reserve revealed that U.S. industrial production had…
Kinross steadies operations, cuts costs
Kinross Gold (TSX: K; NYSE: KGC) is meeting the challenge of lower gold prices the old-fashioned way: by driving down costs and producing more gold.
Newmont sells Jundee mine in Australia to Northern Star
VANCOUVER — It’s no secret that Newmont Mining (NYSE: NEM) is looking to monetize its non-core assets, and that process has taken another step with the all-cash sale of the company’s Jundee underground gold mine, 45 km…
Orbite eyes high-grade alumina production in 2015
Orbite Aluminae (TSX: ORT; OTCQX: EORBF) says its high-purity alumina (HPA) plant in Cap-Chat, Que., is on track to reach commercial production early next year.