Goldcorp posts US$1.9B net loss in Q2
Goldcorp (TSX: G; NYSE: GG), the largest gold miner by market value, showed it’s not immune to the falling gold price.
Mexico and Central America
La Preciosa PEA provides no relief for Coeur’s share price
VANCOUVER — Coeur Mining (TSX: CDM; NYSE: CDE) has completed a preliminary economic assessment (PEA) of its La Preciosa silver mine project in Mexico. However, any future development likely hinges on whether Coeur can improve…
First Majestic’s ‘bittersweet’ second quarter
VANCOUVER — Based on pure production metrics, First Majestic Silver (TSX: FR; NYSE: AG) has a lot to celebrate about its second quarter. But the significant drop in silver prices during the period put a damper on the miner’s…
Sierra ups resource and throughput at Cusi but falls to 52-week low
VANCOUVER – With a new estimate that quintuples the silver resource at its Cusihuiriachic project, Sierra Metals (TSX: SMT) is making good on its plan to gradually ramp up production at the historic Chihuahua state property.
Long gold hits for GoldQuest in DR
VANCOUVER — Every batch of drill results from the Romero gold discovery at GoldQuest Mining’s (TSXV: GQC) Las Tres Palmas project in the Dominican Republic adds to a growing list of impressive intercepts. The latest batch was no…
Aurcana shares pop on Red Kite loan proposal
VANCOUVER — Shareholders of Vancouver-based silver producer Aurcana (TSXV: AUN; US-OTC: AUNFF) received some good news at the end of June, as the company released details of a terms sheet from U.K.-based metal merchant RK Mine Finance…
Alamos bids $69M for Esperanza Resources
VANCOUVER — Toronto-based producer Alamos Gold (TSX: AGI; NYSE: AGI) looks to have finally nailed down an acquisition in the form of junior explorer Esperanza Resources (TSXV: EPZ) and its wholly owned Esperanza gold-silver project…
Torex delivers the goods at Morelos
Torex Gold Resources (TSX: TXG) is proving that its Morelos gold-silver project in Mexico isn’t just about near-term production, but also exploration upside.
Osisko sheds light on mystery Mexican project
VANCOUVER — Last October, Osisko Mining (TSX: OSK) made a rather odd announcement. The Montreal-based, Eastern Canada-focused gold miner reported it had staked just shy of 10,000 sq. km in Mexico, but wouldn’t be telling anyone the…
Seafield envisions a smaller mine at Miraflores
VANCOUVER — Seafield Resources (SFF-V) has an updated preliminary economic assessment (PEA) in hand for its multi-million ounce Miraflores gold-silver deposit situated 100 km south of Medellin, Colombia, and the Toronto-based junior has…
Endeavour gets El Cubo back on track
Endeavour Silver (EDR-T, EXK-N) is continuing its mission of Mexican rejuvenation.
Esperanza’s environmental permit denied
Esperanza Resources’ (EPZ-V) shares are under pressure after the Mexican federal permitting authority or Semarnat denied the environmental impact assessment for its flagship Esperanza gold-silver project in Mexico’s Morelos…