Strike freezes production at Mandalay’s Cerro Bayo mine
Mandalay Resources (TSX: MND) has suspended operations at its Cerro Bayo silver-gold mine in southern Chile, after unionized workers went on strike.
Silver
Corvus CEO sees exploration upside at North Bullfrog
VANCOUVER — Corvus Gold (TSX: KOR) hit a milestone with the release of a preliminary economic assessment (PEA) on its 75 sq. km North Bullfrog gold-silver project 10 km north of Beatty, Nev. The study has intriguing economics, but CEO…
Great Panther defies low silver prices and eyes growth
VANCOUVER — Despite a rough three-year run in precious metal prices, Great Panther Silver (TSX: GPR; NYSE-MKT: GPL) is flying high on the back of a stellar first quarter and a pair of acquisitions that appear to cement a promising project…
SolGold digs into Ecuador
Over the last three years, SolGold (LSE: SOLG) has earned an 85% stake in the Cascabel copper-gold-silver deposit in northern Ecuador, and the Brisbane-based company says it is on track to complete its first resource estimate on the early stage…
Analysts weigh in on BHP spinoff South32
In April BMO Capital Markets initiated coverage of BHP Billiton (LSE: BLT) spin-off South32, (LSE: S32; US-OTCBB: SOUHY)commenting that the shares of the newly created mining company “represent a more compelling investment than BHP…
Eldorado improves economics at Certejin Romania
Eldorado Gold (TSX: ELD; NYSE: EGO) has released a feasibility study on its 80.5%-held Certej project in central Romania, showing modest returns that are in-line with analyst expectations.
TSX closes in the red, May 25-29
Concerns of a shrinking economy drove Canada’s main stock index down 1.2% to close at 15,014.09. The S&P/TSX Capped Diversified Metals & Mining Index decreased 2.7% to 727.52, and the S&P/TSX Global Mining Index retreated 1.7%…
U.S. stocks end mixed, May 18-22
Wall Street closed mixed ahead of the Memorial Day holiday, as the Federal Reserve said it would likely raise interest rates this year, if the economy continued to improve. The Dow Jones Industrial Average dipped 0.2% to 18,232.02, while the…
Silver supply and demand trends for 2014
The following findings were released by The Silver Institute based on their World Silver Survey for 2015. For more information and to access the full survey, please visit www.silverinstitute.org.
Golden Arrow forges ahead with feasibility at Chinchillas
VANCOUVER — It’s tough times for junior exploration, but Golden Arrow Resources (TSXV: GRG: US-OTC: GARWF) has persevered at its flagship Chinchillas silver-lead-zinc property, 280 km from San Salvador de Jujuy, Argentina. With…
TSX ends in the red, May 11-15
Canada’s main stock index retreated during the trading week. The S&P/TSX Composite Index fell 0.4% to 15,108.12. The S&P/TSX Capped Diversified Metals & Mining Index dropped 1.4% to 794.05, and the S&P/TSX Global Gold…
NovaCopper buying Sunward to advance Alaska project
NovaCopper (TSX: NCQ; NYSE-MKT: NCQ) is acquiring Sunward Resources (TSX: SWD; US-OTC: SNWRF) for the cash it has in its vault — not just its gold project in Colombia.