Mexico and Central America

Cinco de Mayo doesn’t disappoint for MAG Silver

Drill results from Cinco de Mayo, 190 km north of Chihuahua City in Mexico, indicate continuous mineralization over a 400-metre dip length with mineralization remaining open downdip and along strike, MAG Silver (MAG-T, MVG-X) reports.





A worker overlooks flotation tanks at Fortuna Silver Mines' San Jose silver mine in Mexico's Oaxaca state. Photo by Ian Bickis

Fortuna sees a reversal of fortunes

Fortuna Silver Mines(FVI-T, FSM-N) is the latest company to get hammered for cost escalations after missing 2011 projections and forecasting higher costs for 2012.





A leach pad, tailing ponds and other processing facilities at Silvercrest Mines' Santa Elena gold-silver mine in Hermosillo, Mexico - one of Sandstorm Gold's producing gold streams. Photo by Silvercrest Mines

Sandstorm Gold a rising star in commodity-stream financing

Sandstorm Gold (SSL-V) is not an exploration or operational mining outfit. The company is not interested in spending equity capital on surface exploration, drill programs or environmental-impact studies. Instead, Sandstorm took the idea of…


Fortuna sees a reversal of fortunes

Vancouver — Fortuna Silver Mines (FVI-T, FSM-N) is the latest company to get hammered for cost escalations after missing 2011 projections and forecasting higher costs for 2012.



Majescor Resources CEO Daniel Hachey at the Douvray copper-gold prospect in northeastern Haiti. Photo by Majescor Resources

Majescor on track in Haiti

The landslide election of Michel Martelly as president of Haiti last year is already bringing positive results to the impoverished Caribbean nation, Daniel Hachey, president and chief executive of Majescor Resources (MJX-V), believes.


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