Gleichen To Buy Teck’s Morelos
VANCOUVER — Teck (TCK. B-T, TCK-N) has agreed in principle to sell its 78.8% stake in the Morelos gold property to junior explorer Gleichen Resources (GRL-V, GRLFF-O) for US$150 million and a 4.9% in…
Mexico and Central America
Aura Silver flies on silver-gold intercepts
Vancouver – Last fall Aura Silver (AUU-V) and joint-venture partner Intrepid Mines (IAU-T, IAU-A) delayed a dr…
Damp Q2 prompts GlobeStar to cut 2009 guidance
Rainy conditions in the Dominican Republic have been causing some ore handling problems during the first six…
Gleichen to buy Teck’s Morelos for US$150M
Vancouver – Teck (TCK.B-T, TCK-N) has agreed in principal to sell its 78.8% stake in the Morelos gold property…
Gammon discovers US$10-million accounting error
Gammon Gold (GAM-T, GRS-N), which operates two mines in Mexico, has had its fair share of problems over the la…
Dia Bras And Exmin To Merge
Dia Bras Exploration (DIB-V, DBEXF-O) plans to join forces with fellow Mexico-focused explorer Exmin Resources (EXM-V, EXMFF-O) in a friendly all-share deal worth $2.75 million.
New gold zone bolsters Minefinders
The discovery of a new gold zone has Vancouver-based Minefinders (MFL-T) on a tidy market run.On July 30 the…
Klondex and Paramount to merge
Vancouver – After snubbing a takeover bid from Silvercorp Metals (SVM-T, SVM-X), Klondex Mines (KDX-T) has i…
Dia Bras and Exmin to merge
Dia Bras Exploration (DIB-V) plans to join forces with fellow Mexico-focused explorer Exmin Resources (EXM-V) in …
Fortuna boosts reserves 404% at Caylloma mine
The Caylloma silver-lead-zinc mine in southern Peru has proven and probable reserves of 20.3 million ounces of silv…
Capstone reports strong Q2 production, tougher Q3 ahead
Vancouver – Despite lower grades milled at its Minto mine, Capstone Mining (CS-T, CSFFF-O) managed to hold fast on …
Capital Gold Posts Solid Quarterly Results
The last time junior gold producer Capital Gold (CGC-T, CGLD-O) was in the news was in late March, when its board of directors decided not to go through with a proposed merger with Gammon Gold (GAM-T,…