Avocet falters ahead of ramp-up
Avocet Mining (LSE: AVM; US-OTC: AVVGF) failed to impress the market with third-quarter production results from its Inata mine in Burkina Faso.
News
Integra wants to add its name to Val-d’Or lore
Integra Gold’s (TSXV: ICG; US-OTC: KALRF) formula for getting through the current tough patch in the mining market is about as straightforward as it gets: the Vancouver-based company is driving its high-grade Lamaque gold project in…
Kinross delivers Dvoinoye on budget, amidst job cuts
VANCOUVER — News is mixed for shareholders of Toronto-based producer Kinross Gold (TSX: K; NYSE: KGC), as the company pushes expansion plans while grappling with cost-cutting measures prompted by asset writedowns and weaker gold prices.
‘Unprecedented’ hit at Flatreef PGM deposit
A 90-metre intersection of 4.51 grams per tonne of platinum, palladium, rhodium and gold — plus 0.37% nickel and 0.20% copper — at Ivanhoe Mines’ (TSX: IVN; US-OTC: IVPAF) Flatreef deposit in South Africa has reignited talk of…
Adapt, survive, Excellon style
Surviving tough times in the mining cycle requires adaptability, and if an investor is looking for an example, they need not look further than Excellon Resources (TSX: EXN; US-OTC: EXLLF).
Platinum Group Metals faces cash shortfall at WBJV1 project
Platinum Group Metals (TSX: PTM; NYSE-MKT: PLG) suffered a major blow late last week when Africa Wide Mineral Prospecting and Exploration announced that it would not be funding a US$21.8 million cash call for its 26% share of the WBJV1 platinum…
Drilling at Back River lifts Sabina
Shares of Sabina Gold & Silver (TSX: SBB) were up 7% in mid-day trading in Toronto after the Nunavut-focused junior released more infill drill results from the Umwelt deposit, part of its 100%-owned Back River project.
Uranium Energy signs US$7.1M financing
U.S.-based uranium miner and explorer Uranium Energy (NYSE-MKT: UEC) recently lined up a US$7.1 million financing to support the growth of its South Texas exploration projects, mainly the Burke Hollow in-situ recovery property in Bee County.
Fortuna releases maiden resource at Trinidad North
VANCOUVER — Shares of Mexico-focused producer Fortuna Silver Mines (TSX: FVI; NYSE: FSM) received a boost following news of a successful drill program at the company’s San Jose silver-gold mine in Oaxaca State, Mexico. On Oct. 17 Fortuna…
Thundermin and Rambler team up on Little Deer in Newfoundland
Thundermin Resources (TSX: THR) and Rambler Metals and Mining (TSXV: RAB; LSE-AIM: RMM) hope to bring Rambler’s expertise in bringing the past-producing Ming Ming copper-gold mine back into commercial production in northeastern…
Columbus cuts near-surface gold at Eastside
VANCOUVER — Shares of Nevada-focused explorer Columbus Gold (TSXV: CGT) were on the rise following the release of promising near-surface drill assays from its Eastside gold asset located 40 km due west of Tonopah, Nevada. The company’s…
Defiance Silver takes steady steps at San Acacio
ZACATECAS, MEXICO — Defiance Silver (TSXV: DEF; US-OTC: DNCVF) is determined to beat the odds and secure the funds it needs to bring the San Acacio project — containing the past-producing San Acacio silver mine and the Santa…