Great Panther eyes growth in Mexico
Great Panther Silver (GPR-T, GPL-X) aims to steadily grow output from its two revived mines in Mexico to help reach its long-term goal of producing more than 5 million silver-equivalent oz. a year.
News
Primero’s star rises over western Mexico
VANCOUVER — The industry expected big things from Toronto-based Primero Mining (P-T, PPP-N) when it acquired the San Dimas gold-silver mine from major player Goldcorp (G-T, GG-N) just over two years ago to the tune of US$500 million, but…
Blockade forces Excellon to shut Platosa mine
VANCOUVER — Excellon Resources (EXN-T) continues to be plagued by labour and community issues at its Platosa mine in Mexico’s Durango State, with the company recently forced to suspend operations.
Palmarejo continues to deliver
Of Coeur d’Alene Mine’s (CDM-T, CDE-N) three producing mines, Palmarejo in northern Mexico is the largest contributor to company sales and operating cash flow. Metal sales from the mine in Chihuahua State last year reached US$513…
Venture flat in August 7-10 period
VANCOUVER — The S&P TSX Venture Composite Index basically ended flat in the shortened August 7 to 10 period, up less than a point at 1,191 points even after two days of losses balanced out two days of gains. Volume was also little…
Puma hunts high-grade silver in New Brunswick
VANCOUVER — In late February the Fraser Institute published a survey that labelled New Brunswick the world’s most attractive jurisdiction for mineral exploration, and that sounds about right to Puma Exploration (PUM-V). The Quebec-based…
US stocks move up during Aug 6-10 week
It was a good week for U.S. stocks. The Dow Jones Industrial Average gained 112 points to close the August 6-10 trading week at 13,207.95.
TSX rises as investor’s expect future growth
The TSX Composite Index was up 127 points to 11,841.98 for the holiday shortened Aug. 7-10 period after beginning the period on a tear as it caught up to U.S. markets.
Russian billionaire aims for full control of High River Gold
In a story that reads somewhat like a 1980s spy novel, Russian gold miner Nord Gold, the nation’s third-largest gold producer, looks poised to finally gain full control of Toronto-based producer High River Gold Mines (HRG-T). What makes…
Editorial: Hecla’s one that got away
There was a time, not very long ago, when M&A activity sent shareholders’ pulses racing with excitement. Those were the days. The latest battle between RX Gold & Silver and Hecla Mining over U.S. Silver and its prized silver…
Metals commentary: Getting ahead of the uranium curve
Compelling supply-demand fundamentals and near-term industry catalysts will spark a recovery in uranium prices and equity prices, David Sadowski of Raymond James argues in a weighty new report running 86 pages. The Vancouver-based mining…
Search for deep-sea treasure intensifying
ng harder to find and even harder to put into production owing to social and political hurdles, a small but growing group of companies are looking to the sea floor as their next source of riches.Nautilus Minerals (NUS-T) has been at the…