Torex delivers the goods at Morelos
Torex Gold Resources (TSX: TXG) is proving that its Morelos gold-silver project in Mexico isn’t just about near-term production, but also exploration upside.
Gold
Eurasian turns Turkish asset into cash
Eurasian Minerals (TSXV: EMX; NYSE: EMXX) is cashing in on its exploration work in Turkey.
Osisko sheds light on mystery Mexican project
VANCOUVER — Last October, Osisko Mining (TSX: OSK) made a rather odd announcement. The Montreal-based, Eastern Canada-focused gold miner reported it had staked just shy of 10,000 sq. km in Mexico, but wouldn’t be telling anyone the…
Procon invests $12M in Fortune Minerals
Procon Resources, a Vancouver-based mining contractor that is majority owned by China CAMC Engineering, is making an $11.7-million strategic investment in Fortune Minerals (TSX: FT) at a price of 40¢ per share — a 14% premium over…
Sabina finds high-grade gold at George
Sabina Gold & Silver (SBB-T) has pulled some encouraging grades from the George deposit at its Back River gold-silver project in Nunavut ahead of a prefeasibility study (PFS) due later this year.
Greenland’s timeless allure
Avannaa Resources is a privately held exploration company founded by three geologists from Britain and Denmark who pooled their interest and experience in Greenland. It may be an unfamiliar name to many, but over the last nine months, the…
Atico completes El Roble resource
When it comes to pedigree in South America’s mining industry, it doesn’t get much better than the storied Ganoza family of Peru, which has owned and operated underground gold, silver and base metal mines in both their homeland and…
Toronto Stock Exchange, June 24-28
The Toronto Stock Exchange closed trading in positive territory, with the S&P/TSX Composite Index gaining 133 points, or 1.11%, to 12,129.11. Despite the boost, the index is down 2.45% year to date.
Alacer looks to shed Australian mines
There are knocks on the door for Alacer Gold’s (ASR-T) Australian assets, and the company is listening.
Azumah works to grow planned pits at Wa gold project
VANCOUVER — Continued gold intercepts from drilling between various pits at the proposed Wa gold mine in Ghana suggest that owner Azumah Resources (AZR-V) could reveal a larger gold reserve in its pending feasibility study update.
Seafield envisions a smaller mine at Miraflores
VANCOUVER — Seafield Resources (SFF-V) has an updated preliminary economic assessment (PEA) in hand for its multi-million ounce Miraflores gold-silver deposit situated 100 km south of Medellin, Colombia, and the Toronto-based junior has…
Rye Patch settles claim dispute with Coeur Mining
VANCOUVER — It took nearly two years, but Vancouver-based junior Rye Patch Gold (RPM-V) has finally reached a legal settlement with U.S.-based silver producer Coeur Mining (CDM-T, CDE-N) over ownership of 400 unpatented mining claims that…