Canaccord forecasts more M&A on the way
Despite the strong fundamentals of gold producers and declining gold equity valuations, M&A in the gold sector has been fairly limited so far this year. But Canaccord Genuity argues that’s about to change.
Silver
Fortuna starts shipping concentrates
Shares of Fortuna Silver Mines (FVI-T) jumped 55¢ or 11% to $5.50 per share on news that the processing plant at its 100%-owned San Jose silver-gold mine in southern Mexico had begun producing silver-gold concentrate.
Great Panther re-starts concentrate shipments
Great Panther Silver (GPR-T, GPL-X) has started shipping silver-gold pyrite concentrates from its Guanajuato mine to a new buyer in Mexico. Shipments had been delayed because an overseas smelter with which Great Panther had a one-year contract…
Banana yields more copper for Hana
As Hana Mining (HMG-V) drives towards building a copper mine at its Ghanzi property in Botswana, the company is still hitting significant grades of copper and silver in the Banana zone.
Positive PEA for Pan American, Orko’s La Preciosa
Joint-venture partners Pan American Silver (PAA-T, PAAS-Q) and Orko Silver (OK-V) have released a long-awaited preliminary economic assessment (PEA) for their La Preciosa epithermal silver-gold project in Durango, Mexico.
Kimber advancing Monterde gold-silver project
After more than a decade of working on the Monterde gold-silver project in Mexico, Kimber Resources (KBR-T, KB-X) is starting to build momentum.
Soltoro steps it up in Jalisco
Junior explorer Soltoro (SOL-V), which is focused on finding bulk-tonnage gold and silver deposits in southwestern Mexico, is making headway in Jalisco state where it defined a resource at its 100%-owned El Rayo primary silver project earlier…
Goldcorp’s Penasquito finding its legs
Beset by a string of early production problems, Goldcorp (G-T, GG-N) is hurriedly working to ramp up to full production at its newest flagship asset, the Penasquito silver-gold-lead-zinc mine in Mexico’s Zacatecas state.
Arian Silver beefs up San Jose
Arian Silver (AGQ-V, AGQ-L) finds itself in an enviable position.
Almaden expands Ixtaca zone
Prospect generator Almaden Minerals (AMM-T) continues to expand its wholly owned Ixtaca discovery as it works through a 20,000-metre drill program on the property.
International Minerals adds ounces to Converse
Vancouver – International Minerals (IMZ-T) has reported a 27% increase in measured and indicate gold ounces at its Converse project in Nevada.
Silver Standard working to develop multiple projects
Vancouver – With one of the largest silver resources around Silver Standard (SSO-T, SSRI-Q) has positioned itself well to benefit from rising silver prices, but it still faces the challenge of getting those resources out of the ground.