Video: Hecla cuts debt, eyes organic growth
Hecla Mining (NYSE: HL) has strengthened its balance sheet after a record second quarter, CEO Robert Krcmarov said. The United States’ oldest public silver miner is to channel stronger cash…
Precious Metals
JV video: Fortune Bay’s Goldfields study resets value case
Fortune Bay (TSXV: FOR; US-OTC: FTBYF) says an updated preliminary economic assessment (PEA) for its Goldfields project in northern Saskatchewan points to an increase in value as gold trades near…
West Red Lake books high-grade gold at Madsen
Underground drilling at West Red Lake Gold Mines’ (TSXV: WRLG; US-OTC: WRLGF) primary Madsen property in Northwestern Ontario yielded multiple instances of high-grade gold, the company said. Highlight hole MM25D-12-4860-004 in the…
Silver tops $50 as squeeze bites; lease rates surge
Silver hovered near $50 (C$70) an oz. on Friday after setting a record at $51.30 a day earlier in its first trip over the threshold since 1980, as haven flows…
Video: Lundin Gold targets near-mine growth at flagship Fruta del Norte
Lundin Gold (TSX: LUG; US-OTC: LUGDF) aims to fold the Fruta del Norte South (FDNS) and FDN East zones into the Fruta del Norte mine plan in its next reserve…
Video: Seabridge eyes year-end JV decision for KSM
Seabridge Gold (TSX: SEA; NYSE: SA) is zeroing in on a joint venture partner for its KSM copper-gold project in British Columbia, CEO Rudi Fronk said. The company aims to…
Video: Torex Gold CEO touts Media Luna ramp, multi-metal pivot
Torex Gold ‘s (TSX: TXG; OTCQX: TORXF) new Media Luna underground mine is up and running at the Morelos complex in Guerrero, Mexico, with the ramp on track and a…
Clean Air PEA bets on toll milling for fast Thunder Bay North payback
An updated study for Clean Air Metals’ (TSXV: AIR; US-OTC: CLRMF) Thunder Bay North platinum–palladium project in northern Ontario significantly cuts initial costs by shifting to a toll-mill processing scenario…
Video: In a ‘perfect storm,’ Asia now sets gold’s moves
Gold’s price setting has moved from the West to the East since March – a shift that shows the United States is losing control over gold and possibly other financial…
First Majestic production climbs on record silver output
First Majestic Silver (TSX, NYSE: AG) said total production rose 39% in the third quarter as the Canadian miner churned out the most silver in its history. Shares hit their…
Gold breaks $4,000 on rate-cut bets, haven demand
Spot gold peaked at around $4,037 per oz. in early trading Wednesday as investors sought safety amid a dovish United States Federal Reserve outlook and a U.S. data vacuum from…
Video: B2Gold rerating hinges on Goose, Mali permit
B2Gold (TSX: BTO; NYSE-A: BTG) expects a market rerating after achieving commercial production this week at Goose in Nunavut and as it works to secure a key permit in Mali,…