Volume 101 Number 8 Apr 6 - 12, 2015

New Mines Minister Javier Cordova (left) with Coordinating Minister for Strategic Sectors Rafael Poveda during Ecuador Day at the Prospectors and Developers Association of Canada convention.

Ecuador pushes for mining investment at PDAC

Ecuador’s new mines minister Javier Cordova has only been on the job since February, but he knows that the country’s infamous windfall profits tax is unpopular with miners.

Dynacor Gold Mines' Huanca gold mill in Peru, 450 km south of Lima, which is set to produce 75,000 to 80,000 oz. gold this year.  Credit: Dynacor Gold Mines

Dynacor’s milling strategy pays exploration costs

At a time when many junior companies are dropping like flies, Dynacor Gold Mines (TSX: DNG: US-OTC: DNGDF) generates about US$700,000 to US$800,000 in cash flow per month, has about US$13.5 million in the bank, no debt, and plans to…

Andrew Swart, a partner at Monitor Deloitte.

Innovation key to solving mining sector woes

Miners are facing a more complex and difficult business environment than ever, with the pressures of rising costs, declining commodity prices, and rising social and investor demands.

Underground workers in the Santoy Gap zone at Claude Resources' Seabee gold mine in northeastern Saskatchewan.  Credit:  Claude Resources

Claude Resources turns things around at Seabee

Claude Resources’ (TSX: CRJ; US-OTC: CLGRF) flagship Seabee gold mine in northeastern Saskatchewan has produced more than 1 million oz. gold since it started commercial production in December 1991. Its Santoy mine complex, 14 km east of…

A drill rig at Integra Gold's Lamaque South gold project in Quebec. Credit: Integra Gold

Integra punches above its weight with 50,000-metre program

With eight drill rigs on-site at its Lamaque South project just east of Val-d’Or, Que., and 20,000 metres of drilling already completed this year, Integra Gold (TSXV: ICG; US-OTC: ICGQF) stands out as being one of the most active…

SouthGobi Resources' Ovoot Tolgoi coal mine in Mongolia. Credit: SouthGobi Resources.

SouthGobi Resources loses appeal in Mongolian tax case

In late February Mongolian President Elbegdorj Tsakhia may have pardoned three former employees of SouthGobi Resources (TSX: SGQ) who were convicted in a tax evasion case on Jan. 30, and handed jail sentences of between five and six years, but…

Geologists Matthias Lindhuber (left) and Jim Ebisch at an adit on Adamera Minerals' Flag Hill gold project in northern Washington state. Credit: Adamera Minerals

Adamera envisions a golden future in Washington

VANCOUVER — Explorer Adamera Minerals (TSXV: ADZ; US-OTC: DDNFF) is hoping to contribute to a long history of gold mining in the prolific Cook Mountain district in northern Washington state. The region hosts Kinross Gold’s (TSX: K;…

An aerial view of Lake Shore Gold's Bell Creek gold mill in Timmins, Ontario. Credit: Lake Shore Gold

Lake Shore looks for another home run in 2015

Lake Shore Gold (TSX: LSG; NYSE-MKT: LSG) is checking off all the boxes when it comes to a junior producer with gold assets in a safe mining jurisdiction that is generating free cash flow, has manageable debt and an exciting growth potential,…

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