Volume 101 Number 9 Apr 13 - 19, 2015

The processing plant at SilverCrest Mines' Santa Elena silver-gold mine, 150 km northeast of Hermosillo, Mexico. Credit: Silvercrest Mines

SilverCrest sketches out Santa Elena’s future

VANCOUVER — It’s been a challenging twelve months for SilverCrest Mines (TSX: SVL; NYSE-MKT: SVLC), but the producer has adapted to lower metal prices at its Santa Elena epithermal silver-gold mine, 150 km northeast of Hermosillo,…

At the Prospectors & Developers Association of Canada convention in Toronto in March, from left: Al Shefsky, president of Pele Mountain Resources; Michael Gravelle, Ontario Minister of Northern Development and Mines; Janis Peleshok, director; Martin Cooper, vice-president of Aboriginal Affairs; and Margie Bugarin, resource administrator. Source: Pele Mountain Resources

Pele Mountain moves monazite processing plan ahead

When Pele Mountain Resources (TSXV: GEM; US-OTC: GOLDF) announced a strategy in October 2014 to extract and separate rare earth elements from monazite concentrate imported from overseas at its Eco Ridge project in Elliott Lake, the plan caught…

A sample with visible gold from Belo Sun Mining's Volta Grande gold project in Brazil. Source: Belo Sun Mining

Belo Sun improves economics at Volta Grande

Belo Sun Mining’s (TSX: BSX; US-OTC: VNNHF) Volta Grande gold project in Brazil’s Para state has garnered positive attention from analysts after a feasibility study cut the project’s costs, making it more attractive. 

Wall Street edges up, March 30-April 2

U.S. equities gained momentum on positive jobless data. The Dow Jones Industrial Average climbed 50.64 points to 17,763.24, and the S&P 500 Index added 5.94 points to finish at 2,066.96. Spot gold edged up US$3.60 per oz. to end at US$1,202…

TSX posts slim gain, March 30-April 2

Canada’s gross domestic product shrank 0.1% in January compared with a 0.3% rise in December, but the drop was less than some economists had anticipated, and the country’s benchmark index gained 1.5% to finish at 15,026.62. (Markets…

The central zone at Orex Minerals' Barsele gold-base metal project in Sweden, 600 km north of Stockholm. Photo by Ben Whiting.

Orex welcomes Agnico to Barsele in Sweden

VANCOUVER — Orex Minerals (TSXV: REX; US-OTC: ORXIF) has struck a letter of intent (LOI) with Agnico Eagle Mines (TSX: AEM; NYSE: AEM) on the junior’s Barsele gold and base-metal property in Sweden’s prolific Skelleftea mining…

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