Golden Reign continues to unearth Nicaraguan gold
Golden Reign Resources (GRR-V) continues to show that Nicaragua’s Corona de Oro Gold belt has plenty of gold to give.
Mexico and Central America
Southern Silver eyes next Blind zone
After waiting more than 30 years, Southern Silver Exploration’s (SSV-V) man in Durango is finally getting a crack at the Cerro Las Minitas silver property.Adrian Robles, Southern Silver’s senior exploration manager in Mexico, first…
McEwen grows El Gallo resource
The first phase of production at McEwen Mining’s (MUX-T, MUX-N) El Gallo deposit in Sinaloa, Mexico is scheduled to start during the third quarter, but in the meantime the Toronto-headquartered company has grown the measured and indicated…
Mulatos delivers for Alamos
Alamos Gold (AGI-T) is off to a good start for the year, with record earnings and cash flows for the three months ended March 31, 2012. Earnings grew by 65% to US$29.5 million, or US25¢ per share compared to the year-ago period, partially…
Aurcana on target with aggressive growth profile
VANCOUVER — Emerging Vancouver-based silver producer Aurcana Corp. (AUN-V) continued to demonstrate steady production growth through the first quarter, as the company posted record profits and announced development is ahead of schedule at…
McEwen comments on uncertainty in Argentina
When mining entrepreneur Rob McEwen put US Gold and Minera Andes together to create McEwen Mining (MUX-T, MUX-N) he was working on the model that you could take one company that had cash flow and another company that had development…
Romarco, Goldgroup struggle with environmental permitting
VANCOUVER — Romarco Minerals (R-T), trying to open a mine in South Carolina, and Goldgroup Mining (GGA-T), trying to open one in Mexico’s Veracruz State, have both been hit by environmental permitting setbacks recently.
GoldQuest soars 313% on new discovery
GoldQuest Mining (GQC-V) shares spiked after revealing a monstrous gold intercept from its 15-hole program at the Las Tres Palmas project in the Dominican Republic.
Time is not on Baja Mining’s side
There is “substantial doubt” that Baja Mining (BAJ-T, BAJFF-O) will be able to continue as a going concern, the company declared on May 16 in its first-quarter earnings analysis under a section entitled Risk Factors.
Inmet finances Cobre Panama under majority ownership
VANCOUVER — Toronto-based major Inmet Mining (IMN-T) has opted to retain its majority interest in the world-class Cobre Panama copper-gold project through development financing, as the company announced a hybrid plan that would see it…
More hot water for Baja Mining
Without additional funding by mid-June, the advanced-stage Boleo project in Mexico will be suspended, Baja Mining (BAJ-T) has warned shareholders. The announcement comes two weeks after the company declared a 22% increase in funding…
Revamped Virgin Metals improving Los Verdes
VANCOUVER — Back in 2008 Virgin Metals (VGM-V) was banking big on the high molybdenum price, marketing its advanced Los Verdes deposit in Mexico’s Sonora State as an exciting moly play and trying to rush it towards production.