Harry Winston, Rio revise Diavik plan
Harry Winston (HW-T, HWD-N) has released a much-anticipated mine plan update for its joint-venture Diavik diamond operation 300 km northeast of Yellowknife, N.W.T.
Volume 98 Number 28 Aug 27 - Sep 2, 2012
Barrick to sell African assets?
It looks like Barrick Gold’s (ABX-T, ABX-N) new CEO Jamie Sokalsky is getting down to business to help lift the company’s stagnating share price through a possible sale of its 73.9%-owned African gold subsidiary African…
Exchange rates
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date Aug 6 Aug 3 Aug 2 Aug 1 July 31 US$ in C n/a 0.9986 1.0062 1.0017 1.0014 …
Revolution’s Mexican discoveries
Revolution Resources (RV-T) has hit high-grade gold and silver below the historic Cinco Estrellas mine at its Universo project and discovered new prospects at its La Bufa property.
Cobriza on the copper trail in Peru
The final results from Cobriza Metals’ (CZA-T) first drill campaign at its Arikepay polymetallic project in Peru are in, and they continue to indicate that the company is on to a large porphyry system.
Editorial: SA police fire on Lonmin strikers
It’s the kind of incident long feared since the end of apartheid in South Africa: members of the South African Police Service opened fire on striking workers at Lonmin’s Marikana platinum mine in North West province on Aug. 16,…
Unigold grows Candelones gold zones in the DR
Unigold (UGD-V) has released more results from its now closely followed drill program at the Candelones gold project on the northwestern portion of the Dominican Republic.Hole 29 hit 89 metres grading 1.72 grams gold per tonne from 326 metres…
MAG, Fresnillo busy at Juanicipio
MAG Silver (MAG-T, MVG-X) has approved a US$25-million budget for mine permitting and underground development work at its Juanicipio silver project in Mexico’s Zacatecas state, a joint-venture with Fresnillo (FNLPF-O, FRES-L).
Soltoro making its name in Jalisco
When it comes to exploring Mexico’s Jalisco State for silver and gold, Soltoro (SOL-V) is a junior of stature.With roughly 550 sq. km of ground in the state, the company has been optioning out of some permits and funneling the cash…
Great Panther eyes steady growth
Great Panther Silver (GPR-T, GPL-X) aims to steadily grow output from its two revived mines in Mexico to help reach its long-term goal of producing more than 5 million silver-equivalent oz. a year.While the company posted flat results for the…
Argonaut looks to improve Mexican ops
Argonaut Gold (AR-T) has a lot going for it in Mexico, where it operates the El Castillo and the new La Colorada gold mines and is pushing ahead its San Antonio project.Both mines had a strong June quarter, which helped the Toronto-based…
SilverCrest’s strength lies in consistency at Santa Elena
When it comes to new mines, operational reliability can be an elusive target for junior producers, but that has not been the case for Vancouver-based SilverCrest Mines (SVL-V) and its Santa Elena silver-gold operation in Sonora State, Mexico.