First Mining searches for the ‘sweet spot’
Newly listed First Mining Finance (TSXV: FF; US-OTC: FFMGF) is on a mission to secure quality assets at cheap prices.
Silver
US stocks retreat, Aug.3-7
Major U.S. indexes tumbled in August after a decent jobs report suggested the Federal Reserve would hike interest rates as soon as next month. The S&P 500 Index fell 1.3% to 2,077.57, while the Dow Jones Industrial Average lost 1.8% to…
New Gold inks Rainy River deal with Royal Gold
VANCOUVER — Canadian producer New Gold (TSX: NGD; NYSE-MKT: NGD) appears to have filled a funding gap at its Rainy River gold mine under construction 65 km northwest of Fort Frances, Ont., with a US$175-million streaming deal with…
BMO sees ‘better times ahead’ for Primero Mining
VANCOUVER — Primero Mining (TSX: P; NYSE: PPP) is a favoured mid-tier gold producer amongst analysts, and it isn’t hard to see why after a strong second quarter, marked by competitive operating costs and signs of…
Brazil Resources to buy Whistler project in Alaska
In a letter to shareholders earlier this year, Amir Adnani, chairman of Brazil Resources (TSXV: BRI; US-OTC: BRIZF), stated that the company’s strategy since its initial public offering in 2011 has been “to take advantage…
Royal Road driven by results at Gomec in Turkey
VANCOUVER — It’s been almost a decade since Tim Coughlin, a co-founder of Lydian International, was part of the team that stumbled across the multi-million-ounce Amulsar gold deposit in southern Armenia. Now, as president and CEO of…
TSX moves up, July 27-31
Despite poor economic data and lower oil prices, the S&P/TSX Composite Index rose nearly 2% to finish July at 14,468.44. The S&P/TSX Global Mining Index climbed 1.1% to 53.17, while the S&P/TSX Capped Diversified Metals & Mining…
Wolfden keeps the drills turning in Bathurst camp
VANCOUVER — It may very well be the worst market conditions for explorers, but that hasn’t stopped Wolfden Resources (TSXV: WLF) from mounting a drill campaign across its expansive land position in the heart of…
Calibre makes progress in Nicaragua
By trish Saywell
Batero Gold targets CB Gold in friendly deal
Less than a month after rejecting a hostile takeover offer from Red Eagle Mining (TSXV: RD; US-OTC: RDEMF), CB Gold’s (TSXV: CBJ; US-OTC: CBHDF) board of directors is recommending to shareholders that they accept a takeover…
First Majestic looks to snatch SilverCrest
First Majestic Silver (TSX: FR; NYSE: AG) is buying SilverCrest Mines (TSX: SVL) in a largely all-share, $154-million deal to bulk up its treasury and asset base.
Silver Institute: Demand perks up in first half 2015
The following is an edited version of a report by The Silver Institute. For more information please visit www.silverinstitute.org