Mercator on life support
Financially troubled producer Mercator Minerals (TSX: ML; US-OTC: MLKKF) has filed for protection from its creditors in Canada and the U.S.
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Paramount’s plan for San Miguel
VANCOUVER — Paramount Gold & Silver’s (TSX: PZG; NYSE-MKT: PZG) new strategy at its wholly owned San Miguel gold–silver project in northern Mexico’s prolific Palmarejo district is all about lowering capital…
Kirkland Lake drills new gold zones at South Mine
VANCOUVER — Aggressive drilling has paid off for producer Kirkland Lake Gold (TSX: KGI; US-OTC: KGILF) at its Macassa and South Mine Complex (SMC) in Kirkland Lake, Ont., with the company expanding gold mineralized zones…
Strike notice prompts closure of Cameco’s McArthur River
Cameco (TSX: CCO; NYSE: CCJ) has closed down McArthur River, the world’s largest uranium mine, and its Key Lake mill, in Saskatchewan’s Athabasca basin, over a labour dispute.
Rare Element sees ‘significant change’ in REE markets
VANCOUVER — It’s been over two years since U.S.-based Rare Element Resources (TSX: RES; NYSE-MKT: REE) released an economic study on its Bear Lodge rare earth minerals property in northeastern Wyoming, and according…
First Majestic Silver deepens its Mexican roots
After founding First Quantum Minerals (TSX: FM; LSE: FQM) in 1992 and putting together the early team that was responsible for the company’s first acquisitions in Africa, Keith Neumeyer felt it was time to move on. The year was…
Expanded San Jose mine has more to give Fortuna Silver
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) expects its San Jose mine in Mexico will produce 4 million oz. silver and 30,400 oz. gold this year, up from the 2.5 million oz. silver and 19,031 oz. gold it churned out in 2013.
Impact Silver aims to survive, then thrive
VANCOUVER — It’s been a tough six months for Mexico-focused producer Impact Silver (TSXV: IPT; US-OTC: ISVLF), with falling precious metal prices and declining mill grades leading to net losses totalling US$2.3 million over the…
Santacruz ramps up its Rosario mine
Santacruz Silver Mining (TSXV: SCZ) is eyeing production growth in Mexico with a ramp up at its Rosario silver–gold–zinc–lead mine.
Dynasty Gold fights to retain assets in China
Vancouver-based Dynasty Gold (TSXV: DYG) was one of the first Canadian juniors to explore for gold in China. It entered into a cooperative joint-venture in December 2003 with a Chinese state-owned enterprise to explore for gold…
Rockhaven has high hopes for Klaza in Yukon
CARMACKS, YUKON — Rockhaven Resources (TSXV: RK) is not the first, second, or even third company to explore the Klaza project in central Yukon, but it is the first company to find what the others had sought: epithermal gold and silver.
Goldsource keeping it simple with Eagle Mountain PEA
VANCOUVER — When Goldsource Mines (TSXV: GXS; US-OTC: GXSFF) picked up the Eagle Mountain gold property in Guyana in May, chief operating officer Eric Fier and CEO Scott Drever highlighted that the project’s saprolite…