Torex tallies Media Luna resource in Guerrero
It’s been a busy few months in Mexico for Torex Gold Resources (TSX: TXG), which is advancing two projects on its Morelos property, a 290 sq. km landholding in Guerrero state.
Gold
Ian Ball takes the reins at McEwen Mining
Outside the tech industry, there aren’t too many sectors of the economy where you can find 31-year-old presidents of major companies, and certainly not in the field of mining, where the demographics in management are often skewed in the…
Editorial: Lack of QE tapering backstops gold price
Mid-September has been a busy time for the gold market.
Exeter downsizes Caspiche to cut costs
Exeter Resource (TSX: XRC) is considering building a smaller-scale operation at its Caspiche gold-copper project in Chile’s famed Maricunga gold belt to lower start-up costs compared to developing a super pit that was proposed in its…
Pilot Gold sees district-scale potential in Turkey, Nevada
VANCOUVER — Pilot Gold’s (TSX: PLG; US-OTC: PLGTF) large TV Tower property in Turkey has returned a stream of promising drill results over the past few months, including well-mineralized intercepts from the project’s silver…
New Dawn shuts Dalny mine in troubled Zimbabwe
Lower gold prices, operational problems and a two-year delay in approving its indigenization plan has resulted in a “serious liquidity problem” and the closure of its majority owned Dalny mine in Zimbabwe, New Dawn Mining (TSX: ND)…
San Gold secures Rice Lake’s long-term prospects
San Gold (TSX: SGR; US-OTC: SGRCF) has bolstered the long-term outlook for its Rice Lake gold mine in Manitoba by securing a key — and hard-won — permit for its tailings pond.
SilverCrest’s drilling success at Santa Elena
VANCOUVER — Following a successful second quarter, producer SilverCrest Mines (TSXV: SVL; NYSE-MKT: SVLC) had more good news for investors in the form of drill results from its flagship Santa Elena silver-gold mine in Sonora, Mexico. The…
Gabriel takes one step forward, two steps back
Just when Gabriel Resources (TSX: GBU; US-OTC: GBRRF) looked to be getting new traction on developing the Rosia Montana gold mine in Romania, a spate of protests appears to have turned the country’s prime minister against the project.
Detour Lake drilling yields new gold structure
VANCOUVER — Ontario-focused miner Detour Gold (TSX: DGC; US-OTC: DRGDF) pleasantly surprised markets in August when it reached commercial production ahead of schedule at its wholly owned Detour Lake gold mine, which lies 185 km northeast…
Belo Sun’s permits in question
Permitting issues may be brewing around Belo Sun Mining’s (TSX: BSX; TSXV: BSX) flagship Volta Grande gold project in Brazil’s northern Para state, according to recent media reports.
PNG Gold hits high grade
VANCOUVER — Every time drills probe the main Imwauna vein system at PNG Gold’s (TSXV: PGK; US-OTC: ISRJF) Normanby project in Papua New Guinea, they return high-grade gold from a steeply dipping structure that is narrow but easy to…