After Endeavour’s Q2, analysts cut price targets
Endeavour Silver (TSX: EDR; NYSE: EXK) had a tough second quarter, with adjusted earnings plunging below analysts’ expectations due to lower gold and silver prices.
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Primero impresses at San Dimas
VANCOUVER — Just over a year ago Primero Mining (TSX: P; NYSE: PPP) president and CEO Joseph Conway confidently outlined a newly minted optimization plan at the company’s San Dimas underground silver-gold mine along the…
Tahoe’s Escobal silver mine poised for start-up
With US$99.2 million in cash on its balance sheet, including proceeds from a US$50-million loan received in June, Tahoe Resources (TSX: THO; NYSE: TAHO) says it is all cashed up to start full production at its Escobal silver mine in…
First Majestic shares pop on second-quarter financials
VANCOUVER — Despite a steep drop in net income over the past three months, silver producer First Majestic Silver (TSX: FR; NYSE: AG) continues to impress investors. The company’s stock jumped 9.3%, or $1.26 per share, following news…
Fission, Alpha find fourth zone at PLS
VANCOUVER — Another drill season is underway for partners Fission Uranium (TSXV: FCU; US-OTC: FCUUF) and Alpha Minerals (TSXV: AMW; US-OTC: ESOFF) at the fifty-fifty Patterson Lake South (PLS) joint venture located in the southern…
Editorial: Yukon – The downturn up here
WHITEHORSE, YUKON — After several scorching hot years of exploration, the Yukon has cooled off.
New Millennium Iron shares rally
Shares of New Millennium Iron (TSX: NML) jumped 6.17%, 14.08% and 12.70% in the three days following the Aug. 14 announcement that the junior’s joint-venture company with Tata Steel known as Tata Steel Minerals Canada, had…
BHP to invest additional US$2.6 billion in Jansen
Speculation that BHP Billiton (NYSE: BHP) might defer a decision on whether to proceed with the massive Jansen project in Saskatchewan after the recent collapse of one of two global potash cartels, came to an end today, with the Australian…
Minera IRL raises US$80M for Don Nicolas mine construction
Minera IRL (TSX: IRL; LSE-AIM: MIRL) has struck a US$80-million debt and equity deal with private Argentine business interests that will allow the Lima-based gold miner to go ahead with mine construction at its advanced Don Nicolas gold project…
JV’s phantom board haunts St. Augustine in the Philippines
Sometimes working with minority shareholders in joint-venture partnerships in Southeast Asia can present unusual challenges—a lesson St. Augustine Gold and Copper (TSX: SAU) is learning all too well at its enormous…
Macusani multiplies resource count at Peruvian uranium properties
VANCOUVER – A new estimate for Macusani Yellowcake’s (TSXV: YEL) suite of uranium properties on the Macusani Plateau in southeastern Peru has boosted the resource count by 167% in advance of a preliminary economic assessment (PEA) due out…
Cartel break-up raises doubts about BHP’s Jansen project
The break-up of one of the world’s two big potash cartels has spawned much speculation about the future of BHP Billiton’s (NYSE: BHP) Jansen project in Saskatchewan, with a report from analysts at Bank of America Merrill Lynch…