Daily News
Earlier this year Fortuna Silver Mines (FVI-T, FSM-N) bought a 55% stake in the Taviche Oeste concession surrounding its San Jose mine in Oaxaca, Mexico from Pan American Silver (PAA-T, PAAS-Q) for US$4 million with the option to pick up the...
May 23, 2013 2:40PM
Lucara Diamond (LUC-T) has raked in more revenue than expected from its first special diamond sale for its Karowe diamond mine in Botswana.
May 23, 2013 1:59PM
Canadians trying to make sense of what’s going on in the upper echelons of the newly merged Glencore Xstrata are getting a feel of what it must have been like to be an ancient Greek peasant looking up at his distant panoply of...
May 22, 2013 7:50PM
VANCOUVER — The market has come calling for many companies in recent months, with volatile metal prices and skittish investor sentiment driving equity valuations down across the board. And reality set in for newly-minted Canadian producer...
May 22, 2013 7:30PM
VANCOUVER – Scorpio Mining (SPM-T) has faced more than a few challenges over the last year, starting with the need to downsize the resource at its Nuestra Senora deposit, where mining revealed more geologic variations than expected. Soon...
May 22, 2013 7:02PM
While challenging market conditions have forced many companies to trim exploration programs this year, Primero Mining Corp. (P-T, PPP-N), which held US$141.2 million in cash as of Mar. 31, plans to spend $15 million on diamond...
May 22, 2013 4:00PM
Short positions outstanding on May 15/13 (with changes from Apr. 30/13).
May 22, 2013 11:30AM
Twenty-eight workers have died at Freeport-McMoRan Copper & Gold’s (FCX-N) Grasberg mining complex in Indonesia after the roof of an underground training facility collapsed on May 14. Ten others have been rescued.
May 22, 2013 11:28AM
VANCOUVER – The intercept returned a great set of numbers: 456.7 metres averaging 1.01 grams gold per tonne, 0.21% copper, and 2.3 grams silver per tonne, starting essentially at surface. For the team at Solvista Gold (SVV-V), however,...
May 22, 2013 4:14AM
Aureus Mining (AUE-T, AUE-L) has updated a definitive feasibility study for its fully-permitted New Liberty gold project in northwestern Liberia confirming promising economics for what could become the country’s first commercial gold...
May 21, 2013 4:37PM