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.
Volume 100 Number 30 Sep 8 - 14, 2014
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…
Almaden a model of father-son success
Almaden Minerals (TSX: AMM; NYSE-MKT: AAU) has found volcanic-hosted mineralization beside its Ixtaca gold–silver deposit on its 100%-owned Tuligtic project in Puebla state, adding to the prospecting success it has had over the years in…
First Nations group working on Ring of Fire infrastructure plan
Yet another infrastructure plan is in the works for Ontario’s remote Ring of Fire region, this one for an infrastructure corridor consisting of a railway, power and a seasonal seaport in James Bay.
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…
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…
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,…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, September 2, 2014Precious MetalsPrice…
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…
Argonaut Gold expands oxide resource at San Agustin
Argonaut Gold (TSX: AR; US-OTC: ARNGF) has doubled the oxide resource at its San Agustin gold–silver project, which could become the junior producer’s third heap-leach mine in Mexico.
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.
Imperial agrees to First Nations review of Red Chris
Imperial Metals (TSX: III; US-OTC: IPMLF), the beleaguered miner behind the large Mount Polley tailings spill in B.C., has agreed that the Tahltan Central Council could review the tailings facility at its Red Chris copper–gold mine now…