Golden Queen relies on high metal prices to generate impressive NPV
Golden Queen Mining (GQM-T) is looking to prove that there is still plenty of gold in California, albeit at a much lower grade than what the ’49ers were used to.
Silver
Caldera focuses on Marjan in Armenia (June 13, 2011)
Montreal-based Caldera Resources (CDR-V) has a busy season ahead of it at the Marjan gold-silver project in Armenia, as it confirms and upgrades the project’s historical resources.
Temex Resources posts resource for Gowganda tailings
Between 1910 and 1972 the Miller Lake O’Brien silver mine in northeastern Ontario turned out 42 million ounces of silver. It also left behind a lot of silver in tailings piles — 2.96 million ounces to be precise.
Pretium plans Brucejack high-grade mine
Vancouver – Pretium Resources (PVG-T) has completed a preliminary economic assessment on its Brucejack gold-silver project in northern British Columbia a little more than six months after acquiring the project and listing itself on the Toronto…
Peruvian mining stocks plunge after leftist Humala wins elections
Peruvian-focused mining stocks nose dived Monday after left-wing populist candidate Ollanta Humala appeared to have narrowly won Peru’s presidential electoral run-off held on Sunday, June 5. With 88% of the ballots counted, Humala had 51.3% of…
Peruvians protest against Bear Creek’s Santa Ana
The Peruvian government has authorized the deployment of armed military troops to southern Peru’s Puno region in response to large anti-mining protests that have blocked roads connecting the country with Bolivia.
South American Silver advances in Bolivia
Proposed changes to laws governing mines owned and operated by the Bolivian State Mining Corporation, or COMIBOL, will have no impact on South American Silver’s (SAC-T) 100%-owned Malku Khota silver-indium project, the company says.
Deseado Massif reveals more high grade discoveries (June 06, 2011)
Argentina’s Deseado Massif has seen ongoing precious metals exploration for close to 20 years, but junior explorers continue to demonstrate the area’s significant hidden potential.
Agnico-Eagle buys 18.6% of Mexico-focused Colibri
Major Canadian gold miner Agnico-Eagle Mines (AEM-T, AEM-N) has acquired six million shares and four million share purchase warrants of Nanaimo-based Colibri Resources (CBI-V), exploring for gold and polymetallic mineralization in northwestern…
Orvana gets its gold-copper mine rolling in Spain
Orvana Minerals (orv-t) got its northern Spanish El Valle-Boinas/Carles gold-copper mine and plant off the ground on May 31, and expects first shipment in June.
Sabina sells Hackett, looks to gold for future growth
Nunavut-focused explorer Sabina Gold & Silver (SBB-T) has signed a definitive agreement to sell its 100%-owned Hackett River silver-zinc project, located near the Bathurst Inlet in southern Nunavut, to the Canadian arm of Swiss mining…
Fortuna Silver Mines ahead of schedule at San Jose, Mexico
Fortuna Silver Mines (FVI-T) started building its San Jose underground mine in southern Mexico in the second quarter of 2010 and now says it can increase its start-up production rate from 750 tonnes per day to 1,000 tonnes per day.