Rebranded AuRico Gold is in good shape
AuRico Gold (AUQ-T, AUQ-N) has had nothing short of a notable year so far, as the company continues to rebrand as a low-cost producer, now with three gold-silver mines in Mexico.
News
Construction nearly complete at Yamana’s Mercedes mine
Construction at Yamana Gold’s (YRI-T, AUY-N) Mercedes underground gold-silver mine in northern Mexico’s Sonora state is six months ahead of schedule, the company reports, with the first gold pour now scheduled before year-end.
Kimber advancing Monterde gold-silver project
After more than a decade of working on the Monterde gold-silver project in Mexico, Kimber Resources (KBR-T, KB-X) is starting to build momentum.
Timmins Gold sells more ounces
Timmins Gold (TMM-T) says it’s on track to produce more than 100,000 oz. gold from its flagship San Francisco mine in Mexico for fiscal year 2011.
Positive PEA for Pan American, Orko’s La Preciosa
Joint-venture partners Pan American Silver (PAA-T, PAAS-Q) and Orko Silver (OK-V) have released a long-awaited preliminary economic assessment (PEA) for their La Preciosa epithermal silver-gold project in Durango, Mexico.
Fortuna starts shipping concentrates
Shares of Fortuna Silver Mines (FVI-T) jumped 55¢ or 11% to $5.50 per share on news that the processing plant at its 100%-owned San Jose silver-gold mine in southern Mexico had begun producing silver-gold concentrate.
US Gold gets edge in Mexico with Faust
US Gold’s (UXG-T, UXG-N) El Gallo project in Sinaloa, Mexico, is often compared with Pan American Silver’s (PAA-T, PAAS-Q) Alamo Dorado deposit, now an operating silver mine 240 km to the north.
Oro Mining posts solid drill results
Before joining Oro Mining (OGR-V) as chief executive and chief operating officer, John Brownlie was president of Capital Gold, where he successfully brought the El Chanate open-pit gold mine into production and made it one of the most…
Augen Gold directors capitulate after Trelawney raises offer
Ontario-focused gold explorer Trelawney Mining and Exploration (TRR-V) has raised its all-share bid for neighbour Augen Gold (GLD-V) to 0.0862 of a Trelawney share from 0.066 of a share.
Feds accept Taseko’s New Prosperity for review
Vancouver – The Federal Government has agreed to take a second look at Taseko Mines’ (TKO-T) gold-copper Prosperity project in central British Columbia, breathing new optimism into the beleaguered project.
Treasury Metals gets solid results out of Goliath
Treasury Metals’ (TML-T) quest to add significant tonnage to its resource estimate got a boost from recent drill results at the Goliath Gold project in Northwestern Ontario. While the company is drilling the better understood Eastern zone, it…
Initial resource out for Atacama Pacific’s Cerro Maricunga
Vancouver – Thanks to several years of work as a private entity, Atacama Pacific Gold (ATM-V) came out of the gates running last fall with a $33-million IPO and an advanced gold project in Chile.