Alamos Gold reports strong results for 2008
Earnings jumped a record tenfold to US$29.4 million ($0.31 per share) last year from US$2.9 million ($0.03 per shar…
Mexico and Central America
Excellon to buy Silver Eagle Mines
Excellon Resources (EXN-T) is putting plans to build a mill at its Platosa silver-lead-zinc mine in Durango state, …
Despite resource estimate dud MAG on offensive over Fresnillo bid
Vancouver – The CEO of MAG Silver (MAG-T, MVG-X) Dan MacInnis still contends that a significantly slimmed-down reso…
US Gold reports strong results from El Gallo, Mexico
Rob McEwen, the man who founded Goldcorp (G-T, GG-N) and discovered one of the world’s richest gold mines at Red La…
Riverside Takes Novel Approach To Exploration
SITE VISIT PENOLES, MEXICO–Other companies missed it, but not Miguel Heredia. He has strong geological legs. Riverside Resources’ (RRI-V, RVSDF-O)Mexico exploration manager strides up the steepening slope of Capitan Hill…
Kootenay Steps Out At Promontorio
VANCOUVER — Over the past two years, Kootenay Gold (KTN-V, KOOYF-O) has conducted a tightly focused drill program at the Pit zone on its 900-sq.-km Promontorio property in Sonora state, Mexico.
First Majestic To Raise $25M
VANCOUVER–With its share price on the rebound and solid silver production in 2008, First Majestic Silver (FR-T, FRMSF-O) is raising $25 million through a private placement led by CIBC World Markets.
Pace Pays Off With Rapid Resource For Oroco
VANCOUVER — It took only $1.25 million and five months of drilling for Oroco Resource (OCO-V) to define a promising resource at its Cerro Prieto project in Sonora state, Mexico, and there is every in…
Yamana Makes Headway In Mexico, Brazil
It was just four months ago that Yamana Gold (YRI-T, AUY-N) was trading in Toronto at the very bottom of its 52-week price range of $4.29-19.79 per share.
Geologix’s Loss Is Silver Standard’s Gain
Unable to get its hands on the money it needed to make a final payment on the San Agustin poly-metallic deposit, Geologix Explorations (GIX-T, GXEXF-O) must walk away from a project it has spent most …
Chesapeake Mulls Options At Metates
VANCOUVER — Armed with long mineralized intercepts and a new metallurgical plan for a big gold-silver deposit in Mexico, Chesapeake Gold (CKG-V) is pushing ahead with exploration and development plan…
Silver Spruce And The ‘Silver Bonanza’ Puzzle
Silver Spruce Resources (SSE-V, SSEBF-O) has learned through experience in Mexico that silver solder is routinely used in diamond drill bits and that destruction of these bits, especially if water cir…