Continental climbs on high-grade hits
Recent results from Continental Gold’s (CNL-T) Buritica gold project in Colombia add further support to the notion that the company has a significant project on it hands.
News
Buddy Doyle leads Amarillo Gold
Seven years in the malaria-infested rainforests of Papua New Guinea and six years in Canada’s Arctic led Buddy Doyle and his exploration teams at Rio Tinto (RIO-N, RIO-L) to the two biggest discoveries of his career: the 30-million-oz. Minifie…
Torex looks to Mexican gov’t for help securing Morelos after hold-up
After an armed robbery on March 20 at its Morelos gold project in Mexico’s Guerrero state, Torex Gold Resources (TXG-T) is turning to the local government and police to help secure the area and enable the company to continue exploration….
People (April 11, 2011)
African Aura Mining – Steven Poulton resigned as a director.
Mirabela raising US$375M
Australia-based Mirabela Nickel (MNB-T, MBN-A) plans to raise US$375 million in senior notes to pay debt, end its hedges and continue ramping up its sizable Santa Rita nickel mine in eastern Brazil.
Northair expands drill program after Mexican silver hits
International Northair Mines (INM-V) is exp-anding a drill program at its La Cigarra silver project in north-central Mexico by 3,000 metres after intersecting 80 metres of 123.5 grams silver per tonne in February. The program will target a 3-km…
Oremex built to ride the silver wave
Having one of the most heralded silver bulls in your corner doesn’t hurt when you’re looking to become the next significant silver miner in Mexico.
Endeavour Silver awash in record profits
Endeavour Silver (EDR-T, EXK-N) ended 2010 with more than US$100 million in working capital, no debt, falling cash costs, and rising silver production.
Contractor United Mining to build mine
Vancouver – Nestled between two major past producers in one of the world’s great silver districts, United Mining Group (UMG-T) sees big potential for the historic Crescent silver mine in Idaho’s Silver Valley.
Pan American’s best year
Pan American Silver’s (PAA-T, PAAS-Q) seven operating mines in Mexico, Peru, Argentina and Bolivia churned out a total of 24.3 million oz. of silver in 2010, a year-on-year rise of 5%, leaving the company with more than US$360 million in the…
Wildcat Silver’s shares leap on drilling, financing
Promising drill results, a healthy financing and an underlying rise in the price of silver have helped Wildcat Silver’s (WS-V) share price climb skywards in recent weeks.
Golden Predator hits higher grades at Brewery Creek
Vancouver – Golden Predator’s (GPD-T) winter drill program has continued to expand the Bohemian zone at the Brewery Creek gold project in the Yukon.