Spot prices
Tuesday, Aug 23, 2011
Articles by Northern Miner Staff
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…
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.
Gold Mountain up on Elk, financing
A junior led by Copper Mountain Mining’s (CUM-T) CEO, Jim O’Rourke, saw its shares jump as high as 50%, two days after it completed a qualifying transaction and a concurrent financing.
Orezone expands Bombor project area
Orezone Gold (ORE-T) has scooped up the exploration rights to an additional 63 sq. km of ground adjacent to its 100%-owned Bomboré gold project in Burkina Faso. Its new Toéyoko permit extends the project’s footprint to the south…
Banana yields more copper for Hana
As Hana Mining (HMG-V) drives towards building a copper mine at its Ghanzi property in Botswana, the company is still hitting significant grades of copper and silver in the Banana zone.
New starter pit at Gold Canyon’s Springpole?
Gold Canyon Resources (GCU-V) has pulled in more stellar drill results at its Springpole gold project, situated 110 km northeast of northwestern Ontario’s Red Lake gold camp. And this time they come from a less-heralded part of the property.
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.
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.
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.
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.
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.