Endeavour Silver’s cost cutting boosts balance sheet
VANCOUVER — Glancing at Endeavour Silver’s (TSX: EDR; NYSE: EXK) production and earnings numbers for the second quarter, it doesn’t appear a lot has changed over the past year.
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Bre-X film gains traction in Hollywood
The producer/director of an upcoming major motion picture based on the Bre-X Minerals fraud is in the final stages of financing and confirms he is in negotiations with an A-list Hollywood actor to play a lead role.
Stillwater keeps its PGM costs down
Stillwater Mining (TSX: SWC.U; NYSE: SWC) has gone back to the basics and is refocused on its platinum group metals (PGM) assets in Montana, under the direction of its relatively new board, with noticeably good results.
OceanaGold to optimize Didipio mine plan
OceanaGold’s (TSX: OGC; ASX: OGC) Didipio gold–copper mine in the Philippines entered production in April 2013 and is on track this year to produce between 85,000 and 95,000 oz. gold and 21,000 to 24,000 tonnes copper, at…
Mabilo drilling delivers strong results for RTG Mining
Drill results from RTG Mining’s (TSX: RTG) flagship Mabilo gold–copper project in the Philippines sent the company’s shares up 2.78% to $1.11 per share on Aug. 13, and another 24.32% to $1.38 on Aug. 14.
Tax dispute adds doubt to Oyu Tolgoi’s UG expansion
Turquoise Hill Resources’ (TSX: TRQ; NYSE: TRQ) second-quarter results were overshadowed by a tax dispute with the Mongolian government, among other concerns, relating to its Oyu Tolgoi gold–copper mine in the country’s South…
Eric Roth’s Aegean Metals sees upside in Turkey
VANCOUVER — It was a quiet couple of years for Eric Roth after Yamana Gold (TSX: YRI; NYSE: AUY) snapped up his Extorre Gold Mines and its Cerro Moro project in Argentina for US$400 million in mid-2012. But now as president…
Ana Paula will be profitable, Newstrike’s Whittall says
Newstrike Capital (TSXV: NES; US-OTC: NWSKF) president and CEO Richard Whittall is certain the upcoming preliminary economic assessment (PEA) on the company’s 2.25 million oz. Ana Paula gold project will prove it’s a…
Aquila rises on positive PEA for Back Forty
Shares of Aquila Resources (TSX: AQA; US-OTC: AQARF) rose 15% after the Toronto-based firm published an updated preliminary economic assessment (PEA) for its gold- and zinc-rich Back Forty project in Michigan’s Upper Peninsula.
PotashCorp ups 2014 earnings forecast
Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) has upped its full-year earnings guidance for the second time this year after a better-than-expected second-quarter profit of US$472 million.
Fission going strong at PLS
VANCOUVER — Fission Uranium (TSXV: FCU; US-OTC: FCUUF) hit mineralization in every one of the first 14 holes of its mid-year drill program at Patterson Lake South (PLS), continuing a drilling success story that has delineated shallow,…
Timmins Gold doubles Q2 profits
Timmins Gold (TSX: TMM; NYSE-MKT: TGD) has reported a second-quarter profit of US$3.2 million, or US2¢ per share, which is double the amount earned a year ago, but below the consensus estimate of US4¢ per share.