Argentum gathers momentum in Mexico
Argentum Silver (ASL-V) has been pulling impressive intercepts out of the El Tajo and La Colorada veins at its Coyote silver project in Mexico since acquiring 100% of the project from Soltoro (SOL-V) in August.
Volume 98 Number 41 Nov 26 - Dec 2, 2012
Commentary: The state of global platinum supply
The global economic recession caused platinum demand in the car and jewellery sectors to enter a cyclical downturn. However, a substantial supply reduction, after the labour strife in South Africa moved the platinum market from surplus to…
Amplats settles with striking workers
Mine workers at Anglo American Platinum (Amplats) (AGPPY-O) are going back to work, putting to rest a series of wildcat strikes that all but crippled South Africa’s platinum-mining industry.
Tinka on to new zinc discovery
Tinka Resources (TK-V) has a new zinc find on its hands in west-central Peru, and the market is taking notice. The company released its latest results from a single diamond drill hole A12-04A at its Ayawilca project, near Colquipucro in the…
MAG Silver faces ‘eviction’ in Mexico
Mexican media reports that landholders from the community of Benito Juarez have voted to expel MAG Silver (MAG-T, MVG-X) from its Cinco de Mayo polymetallic property in Chihuahua State, Mexico, and ban mining in the area for 100 years, sent…
Coeur d’Alene shares hammered by weak Q3
Shares in Coeur d’Alene Mines (CDM-T, CDE-N) took a beating after the silver and gold miner posted a third-quarter net loss of US$15.8 million, or US18¢ a share, which included a non-cash, fair-market value adjustment of US$37.6…
Barrick’s Q3 fails to impress
Barrick Gold (ABX-T, ABX-N) has unveiled another disappointing quarter, as it wrestles rising costs, project delays and shrinking profits. And it’s prompted investors who expected a better third quarter to drive down the stock.
Lake Shore catches its breath
Lake Shore Gold (LSG-T, LSG-X) is pushing for redemption after falling out of investor favour in early 2011 with disappointing production at its two gold mines near Timmins, Ont.
Cashed-up Largo to enlarge stake in Maracas
A $10-million private placement that closed on Nov. 1 gives strategic metals junior Largo Resources (LGO-V) the juice it needs to purchase the remaining 10% of the Maracas vanadium project in Brazil that it doesn’t already own.
Fronteer grads look to duplicate success with Pilot
With its coffers overflowing, Pilot Gold (PLG-T) is in the enviable position amongst juniors of being able to drive heavy exploration programs at two projects, while helping develop a third into a mine.It’s a story that has gained…
Temex buys blue sky at Juby
Mergers and acquisitions are heating up in the mining-friendly province of Ontario, with Iamgold’s (IMG-T) acquisition in June of Trelawney Mining and Exploration and the proposed friendly takeover of Queenston Mining (QMI-T) by Osisko…
Tirex scores mining licences at Mirdita VMS project in Albania
Vancouver-based explorer Tirex Resources (TXX-V) is making mining history in Albania. On Oct. 29, Tirex acquired 25-year mining licences that encompass six past-producing deposits in the Mirdita volcanogenic massive sulphide (VMS) district…