Volume 101 Number 30 Sept 7 - 13, 2015

Largo Resources' Maracas vanadium mine in Brazil, where Anglo Pacific Group holds a 2% net smelter return royalty. Credit: Largo Resources.

Anglo Pacific has ‘turned the corner,’ CEO says

For Anglo Pacific Group (TSX: APY; LSE: APF), royalty income in the first half surpassed all of the royalty income earned last year. And while the company posted an after-tax loss for the six months ended June 30, it was a much smaller one than…

Just over the ridge lie the processing facilities for Pan American Silver's La Colorada mine, located in the state of Zacatecas. Source: Pan American Silver

Pan American Silver expands Mexico operations

At a time when lower commodity prices are fuelling cost-cutting and restructuring plans across the mining sector, Pan American Silver (TSX: PAA; NASDAQ: PAAS) is pushing ahead with expansion projects at two of its three mines in Mexico, and…

Goldcorp's El Morro gold-copper project in northern Chile's Huasco province. Source: Goldcorp

Goldcorp, Teck join forces to tackle El Morro in Chile

El Morro, the large undeveloped gold-copper deposit in northern Chile, will become the focus of a joint venture (JV) between Goldcorp (TSX: G; NYSE: GG) and Teck Resources (TSX: TCK.B; NYSE: TCK), giving it a better chance of reaching its…

Atop Minera IRL's Ollachea gold deposit in Peru, with the town of Ollachea in the background, as seen in 2011. Photo by John Cumming

Minera IRL’s shareholders remove chairman Hodges

In less than a month, Minera IRL (TSX: IRL; LSE: MIRL) has lost community support for its Ollachea gold project in Peru, dismissed its interim CEO, and most recently, shown its executive chairman Daryl Hodges the door.

TSX ends up higher, Aug. 24-28

The Toronto Stock Exchange finished in positive territory as investors took in higher oil prices and news that the Chinese government cut interest rates again to bolster its slowing economy. The S&P/TSX Composite climbed for four…

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