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…
Volume 100 Number 30 Sep 8 - 14, 2014
Kirkland Lake drills new gold zones at South Mine
VANCOUVER — Aggressive drilling has paid off for producer Kirkland Lake Gold (TSX: KGI; US-OTC: KGILF) at its Macassa and South Mine Complex (SMC) in Kirkland Lake, Ont., with the company expanding gold mineralized zones…
Strike notice prompts closure of Cameco’s McArthur River
Cameco (TSX: CCO; NYSE: CCJ) has closed down McArthur River, the world’s largest uranium mine, and its Key Lake mill, in Saskatchewan’s Athabasca basin, over a labour dispute.
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.
Rare Element sees ‘significant change’ in REE markets
VANCOUVER — It’s been over two years since U.S.-based Rare Element Resources (TSX: RES; NYSE-MKT: REE) released an economic study on its Bear Lodge rare earth minerals property in northeastern Wyoming, and according…
First Majestic Silver deepens its Mexican roots
After founding First Quantum Minerals (TSX: FM; LSE: FQM) in 1992 and putting together the early team that was responsible for the company’s first acquisitions in Africa, Keith Neumeyer felt it was time to move on. The year was…
Expanded San Jose mine has more to give Fortuna Silver
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) expects its San Jose mine in Mexico will produce 4 million oz. silver and 30,400 oz. gold this year, up from the 2.5 million oz. silver and 19,031 oz. gold it churned out in 2013.
Impact Silver aims to survive, then thrive
VANCOUVER — It’s been a tough six months for Mexico-focused producer Impact Silver (TSXV: IPT; US-OTC: ISVLF), with falling precious metal prices and declining mill grades leading to net losses totalling US$2.3 million over the…
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.
Start small in the Ring of Fire, Noront CEO says
There’s no question that massive infrastructure will need to be built in order to mine the large chromite deposits in the Ring of Fire, says Noront Resources (TSXV: NOT) president and CEO Alan Coutts.
Editorial: Commodities prices twist and turn
With the sobriety of September settling in, commodity prices have shown some dramatic movements as the global economy shows signs of recovery and growth.
Flinders to buy Big North Graphite
Vancouver-based graphite producer Flinders Resources (TSXV: FDR; US-OTC: FLNXF) is moving to acquire Big North Graphite (TSXV: NRT).