Banro drives towards more production in the DRC
Banro’s (TSX: BAA; NYSE-MKT: BAA) third-quarter results show that the company — with expanding gold operations in the eastern Democratic Republic of the Congo — is tracking in the right direction.
Gold
Timmins Gold revamps mine plan at San Francisco
VANCOUVER — The future came into focus for Timmins Gold (TSX: TMM; NYSE-MKT: TGD) in early November, when the company released an updated reserve estimate and mine plan for its wholly owned San Francisco gold operation, 150 km north of…
Plata Latina aims to uncover Mexico’s next silver district
VANCOUVER — Applying new exploration models to established mining jurisdictions has long been a hallmark of junior outfits, and Vancouver-based Plata Latina Minerals (TSXV: PAL) is looking to follow suit in Mexico with its…
Chieftain finds new feeder zone
Parts of the Tulsequah Chief orebody in northwestern B.C., 100 km south of Atlin and 65 km northeast of Juneau, Alaska, were mined by Cominco — now Teck Resources (TSX: TCK.B; NYSE: TCK) — from 1951 to 1957.
Cordoba hits mineralization at San Matias
VANCOUVER — The first four holes into the San Matias project in Colombia all returned significant copper and gold grades over good lengths for owner Cordoba Minerals (TSXV: CDB).
Strathcona’s Farquharson on the problem with Brucejack
VANCOUVER — Strathcona Mineral Services’ resignation from the Brucejack gold project in early October dealt a huge blow to project owner Pretium Resources (TSX: PVG; NYSE: PVG). Upon its departure, Strathcona raised serious concerns…
Little-known Oceanus makes its mark in Mexico
Oceanus Resources (TSXV: OCN) is finding high-grade gold-silver mineralization on its wholly owned La Lajita property in Mexico’s Sierra Madre Occidental region, and says the project has rocks and structures similar to Agnico Eagle…
Hecla sees potential in junior explorers
VANCOUVER — The market landscape has shifted for juniors with exploration-stage assets. And though equity markets remain tough, there are opportunities for producers like U.S.-based Hecla Mining (NYSE: HL) that are looking to get…
Delays force Turquoise Hill into $2.4B rights offering
VANCOUVER — Unresolved ownership issues mean Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) and the Mongolian government will have to spend more time at the negotiating table before resuming underground expansion at the Oyu Tolgoi…
Dynacor’s strategy sets it apart
TUMIPAMPA, PERU — Junior exploration budgets have shrivelled by as much as 39% this year according to a study released in October by SNL Metals Economics Group, but a visit to Dynacor Gold Mines’ (TSX: DNG; US-OTC: DNGDF) operations…
Adamera eyes golden upside in historic Washington
VANCOUVER — Vancouver-based Adamera Minerals (TSXV: ADZ) has cut ties with its uranium assets in Nunavut, and picked up gold projects in a less logistically challenging locale: Washington state.
Newmont leads by example
The last few weeks have been upbeat for Newmont Mining (TSX: NMC; NYSE: NEM). The has brought two of its projects into commercial production on schedule and budget: Akyem in Ghana and Phoenix Copper in Nevada. And Newmont revealed in its…