Gold production at Carpathian Gold’s (CPN-T) Riacho dos Machados project in Brazil will start at the end of the third quarter of this year, making the Toronto-based junior the South American nation’s newest producer of the metal.
VANCOUVER — Copper explorer NGEx Resources (NGQ-T) capped off a busy drill season in April, with the Vancouver-based company completing 44,000 metres over a promising property package that straddles the Chile-Argentina border, southeast…
The story “Geoscience B.C. lures stakers to North Vancouver Island” (T.N.M., June 3–9/13) incorrectly stated the mineral resource for NorthIsle Copper and Gold’s Hushamu deposit. In fact, Hushamu contains an indicated…
VANCOUVER — For mining companies pursuing growth, it is a good time to buy. Several years of depressed base metal prices combined with a recent downturn in the gold price means junior miners and explorers are generally cheap, which is the…
VANCOUVER — Vancouver-based producer New Gold (NGD-T, NGD-X) has suffered similar market devaluation to its peers in recent months, with its shares dropping 40% or $4.44 since early January as gold prices have declined. However, the…
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 when mining revealed more geologic variations than expected. Soon…
When Capstone Mining’s (CS-T) Santo Domingo iron oxide-copper-gold project in Chile eventually enters commercial production in 2017 or 2018 — at an estimated capital cost of between US$1.5 billion and US$1.8 billion — the…
VANCOUVER — The soup has gotten a lot thinner for many companies in recent months, with falling metal prices and skittish investors driving equity valuations down across the board. And that reality set in for newly minted Canadian…
VANCOUVER — It has been a busy year so far for Vancouver-based explorer Euromax Resources (EOX-V) and its diverse portfolio of base and precious metal projects across emerging jurisdictions in southeastern Europe. Euromax has locked down…
In 1980 the physicals led paper gold and silver higher. Now 33 years later, the paper is leading the spiraling physicals lower.It was January 1980 when silver touched US$50 an oz. and was hovering in the US$40s. Henry Jarecki was the head of…
Spot pricesCourtesy of ScotiabankTuesday, June 4, 2013 Precious MetalsPrice…
VANCOUVER — Chile’s environmental regulator has imposed its maximum fine on the world’s largest gold miner after a four-month investigation revealed Barrick Gold (ABX-T, ABX-N) committed “very serious” violations…
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