Gold

Santacruz ramps up its Rosario mine

Source: Daily News | 2014-08-29
Santacruz Silver Mining (TSXV:SCZ; OTCQX:SZSMF) is eyeing production growth in Mexico with a ramp up at its Rosario silver-gold-zinc-lead mine.

Fortuna Silver sees organic growth potential at San Jose

Source: Daily News | 2014-08-29
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) expects its San Jose mine in Mexico will produce about 4 million ounces of silver and 30,400 ounces of gold this year, up from the 2.5 million oz. silver and 19,031 oz. gold it churned out in 2013.

Torex Gold plans large, low-cost mine in Mexico

Source: Daily News | 2014-08-28
When Torex Gold Resources’ (TSX: TXG) El Limon-Guajes open-pit gold mine in Mexico’s Guerrero gold belt ramps up to full production in 2017, the company expects it will be among the largest and lowest-cost gold mines in the world.

Price tag for Duluth's Twin Metals nears US$3B  

Source: Print Archives | 2014-08-27
The release of a prefeasibility study estimating that its Twin Metals copper-nickel-platinum group metals joint-venture project would cost US$2.8 billion to build sent Duluth Metals (TSX: DM; USOTC: DULMF) shares tumbling by more than 25%.

Resolution at hand for Newmont in Indonesia  

Source: Print Archives | 2014-08-27
A month after Freeport-McMoRan Copper & Gold (NYSE: FCX) signed a deal with the Indonesian government resolving a standoff over the country’s recently imposed export tax on mineral concentrates, Newmont Mining (NYSE: NEM) appears...

US stocks advance, Aug. 18-22  

Source: Print Archives | 2014-08-27
U.S. equities had a strong run during the Aug. 18–22 week. The Dow Jones Industrial Average jumped 338 points to 17,001.22. The S&P 500 Index rose 33 points to 1,988.40, while the tech-heavy Nasdaq Composite Index climbed 74 points to...

Banro finds 'relief' in new financing plan  

Source: Print Archives | 2014-08-27
Banro (TSX: BAA; NYSE-MKT: BAA) has crafted a large financing plan to improve its liquidity and ability to bring Namoya, its second gold mine in the Democratic Republic of the Congo (DRC), to full production. The plan includes a US$35.5...

Dynasty Gold fights to retain assets in China  

Source: Print Archives | 2014-08-27
Vancouver-based Dynasty Gold (TSXV: DYG) was one of the first Canadian juniors to explore for gold in China. It entered into a cooperative joint-venture in December 2003 with a Chinese state-owned enterprise to explore for gold...

Rockhaven has high hopes for Klaza in Yukon  

Source: Print Archives | 2014-08-27
CARMACKS, YUKON — Rockhaven Resources (TSXV: RK) is not the first, second, or even third company to explore the Klaza project in central Yukon, but it is the first company to find what the others had sought: epithermal gold and silver.

Midway, Barrick boost Spring Valley resource to 5.5M oz. gold  

Source: Print Archives | 2014-08-27
VANCOUVER — Midway Gold (TSX: MDW; NYSE-MKT: MDW) is best known for its pair of development-stage assets in Nevada — namely its Pan and Gold Rock projects in White Pine County — but the company also has a joint...

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