A combination of lower gold and copper prices along with stockpiles and ore on leach pads contributed to a net loss attributable to shareholders of US$2 billion or US$4.06 per share, compared to a net profit of US$279 million, or US$0.56 per…
Since listing on the TSX Venture Exchange in March, Rapier Gold (TSXV: RPR) has completed thirteen drill holes on its Pen gold project and believes it has identified a volcanogenic massive sulphide (VMS) exploration target on the property about…
VANCOUVER — Coeur Mining (TSX: CDM; NYSE: CDE) has completed a preliminary economic assessment (PEA) of its La Preciosa silver mine project in Mexico. However, any future development likely hinges on whether Coeur can improve…
Midas Gold (TSX: MAX; US-OTC: MDRPF) should have enough cash to advance its Golden Meadows gold-antimony-silver project in Idaho until the end of 2014, thanks to a strong endorsement from Teck Resources (TSX: TCK.B; NYSE: TCK).
VANCOUVER — Halifax-based producer Brigus Gold (TSX: BRD; NYSE-Amex: BRD) is expanding the footprint of its Grey Fox gold discovery in northern Ontario, with an updated resource estimate on July 3 pointing to potential for underground…
VANCOUVER — It has been a lengthy process for junior EMED Mining (TSX: EMD; LSE: EMED) at the historic Rio Tinto copper mine, 65 km northwest of Seville, Spain. The company has dealt with permitting delays and volatile copper prices, but…
Rockwell Diamonds (TSX: RDI) has seen some improvements in the first quarter of its fiscal 2014, after refocusing on its Middle Orange River diamond projects in South Africa’s Northern Cape province, with revenue soaring 31% to US$6.6…
VANCOUVER — Roxgold (TSXV: ROG; US-OTC: ROGFF) is cutting strong gold grades at its wholly owned Yaramoko gold project, 200 km southwest from Burkina Faso’s capital city of Ouagadougou. The Vancouver-based explorer is set to release…
VANCOUVER — Based on pure production metrics, First Majestic Silver (TSX: FR; NYSE: AG) has a lot to celebrate about its second quarter. But the significant drop in silver prices during the period put a damper on the miner’s…
MBAC Fertilizer (TSX: MBC; US-OTC: MBCFF) has started producing single super phosphate (SSP) powder at its Itafos Arraias project in central-northern Brazil — an area the government is calling the country’s new agricultural frontier.
VANCOUVER — Eldorado Gold (TSX: ELD; NYSE: EGO; US-OTC: ELDXF) has joined a growing list of miners opting to cut back on exploration and development expenditures in the face of struggling commodities markets. The company announced on…
VANCOUVER — When a wall failure sent 150 million tonnes of rock and earth pouring into the massive pit at the Bingham Canyon mine in Utah in April, owner Rio Tinto (NYSE: RIO; LSE: RIO) said the event would reduce its copper output for…
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