Mexico and Central America

Fortune favours Fortuna

Source: Daily News | 2013-05-23
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...

PEA outlines Scorpio's mine expansion plans

Source: Daily News | 2013-05-22
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...

Primero extends veins at San Dimas

Source: Daily News | 2013-05-22
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...

Drilling returns more silver and gold at Fortuna's mines 

Source: Print Archives | 2013-05-22
VANCOUVER — Gold and silver prices struggled in April, which meant most precious metal producers saw their share prices slide. For Fortuna Silver Mines (FVI-T, FSM-N), however, a slumping share price belies strong financials and promising...

Kootenay adds gold to Promontorio resource

Source: Daily News | 2013-05-15
VANCOUVER – Kootenay Silver (KTN-V) always knew there was gold alongside the silver at its flagship Promontorio project in Sonora, Mexico, but without proof the gold was recoverable the company had always excluded the yellow metal from...

Pueblo Viejo partners to give DR gov't more money, and sooner  

Source: Print Archives | 2013-05-15
VANCOUVER — After putting four years and $3.7 billion into developing a massive gold mine that is expected to produce 1 million oz. gold annually during the first five years of its 25-year lifespan, it’s little surprise that the...

Coeur's revamp  

Source: Print Archives | 2013-05-15
Idaho-based silver producer Coeur d’Alene Mines (CDM-T, CDE-N) is charting a new course to thrive in the changing and turbulent market by optimizing assets and trimming costs, while still keeping an eye out for growth.

Primero Q1 earnings beat the Street

Source: Daily News | 2013-05-08
Primero Mining’s (P-T, PPP-N) first-quarter adjusted net earnings of US$9.4 million, or US10¢ per share, came in lower than the adjusted profit of US21¢ per share a year ago, but beat the street expectations of US6¢ per...

Yamana's Q1 profits plunge as costs rise  

Source: Print Archives | 2013-05-08
Despite producing more gold than a year ago, Toronto-based Yamana Gold (YRI-T, AUY-N) wasn’t able to buck the trend of miners posting shrinking first-quarter profits amidst dipping metal prices. Profit for the first quarter of...

Excellon seeks sunnier days in Mexico 

Source: Print Archives | 2013-05-08
Shareholders of Excellon Resources (EXN-T) appeared unimpressed at the company’s recent annual general meeting (AGM) in Toronto, with many urging the producer to get to the root of the community and labour issues that have dogged the...

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