Drill results lift Continental Gold
Strong drill results from nine diamond drill holes at the Buritica gold project in Colombia sent shares of Continental Gold (CNL-T) up 28¢ or 3.9% to $7.38 apiece on June 4.
Silver
Hana plunges on Ghanzi PEA disappointment
Hana Mining’s (HMG-V) share price dropped 68% after the company released a long-awaited preliminary economoc assessment (PEA) on the Banana zone and zone 5 at its 70%-owned Ghanzi copper-silver project in northeastern Botswana.The news…
Aurcana on target with aggressive growth profile
VANCOUVER — Emerging Vancouver-based silver producer Aurcana Corp. (AUN-V) continued to demonstrate steady production growth through the first quarter, as the company posted record profits and announced development is ahead of schedule at…
McEwen comments on uncertainty in Argentina
When mining entrepreneur Rob McEwen put US Gold and Minera Andes together to create McEwen Mining (MUX-T, MUX-N) he was working on the model that you could take one company that had cash flow and another company that had development…
A weak quarter, but strong year for Silvercorp
Silvercorp Metals (SVM-T, SVM-N) reported a weak fourth-quarter profit, mainly due to resources spent fighting fraud allegations launched by a group of short sellers, but overall reported a strong fiscal 2012 and expects higher production from…
Updated: Hana plunges on Ghanzi scoping study
VANCOUVER — Hana Mining’s (HMG-V) share price dropped 68% after the company released a long-awaited first economic study on the Banana Zone and Zone 5 at its 70%-owned Ghanzi project in Botswana.
Updated: Anti-mining protest fizzles at Fortuna’s San Jose mine
VANCOUVER — After boldly promising to indefinitely shut down Fortuna Silver Mines’ (FVI-T, FSM-N) San Jose mine in Mexico’s Oaxaca state, a group of between 80 and 120 protesters showed up at the mine site on Monday and were…
Torex hits open-pit resource target at Morelos
VANCOUVER — Toronto-based Torex Gold (TXG-T) is navigating the often tricky waters that mark the transition between being an exploration outfit and a mine developer. With an updated resource estimate to kick-off May, and a bankable…
Foran jumps into action in Saskatchewan
Foran Mining (FOM-V) is gaining steam at its flagship McIlvenna Bay volcanogenic massive sulphide (VMS) project in Saskatchewan, west of Flin Flon, Man.
Sunridge unveils Asmara North hybrid mine plan
VANCOUVER — Vancouver-based junior Sunridge Gold (SGC-V) successfully merged four-polymetallic deposits at its Asmara North project in Eritrea, Africa, into a centralized-mill mine model for a feasibility study, it released in early…
Drilling lifts Lake Shore Gold
Shares of Lake Shore Gold (LSG-T, LSG-X) rose 8¢ or 8% to $1.04 with more than three million shares changing hands after the company released high-grade drill results from 26 holes at its Fenn-Gib project, 60 km east of Timmins.
Tin and silver: The new electric metals
Historic high prices for tin and silver are in the cards between now and 2018 as demand for the two metals in solder used in the electronics industry continues to climb and supply fails to keep pace, Jon Hykawy, head of global research at Byron…