Ascendant explores El Mochito’s upside
VANCOUVER — Ascendant Resources (TSX: ASND) has delivered fresh exploration drill results at its El Mochito zinc-lead-silver mine, 88 km southwest of San Pedro Sula in northwest Honduras. The 32,000-metre…
Mexico and Central America
Top 10 Canadian base metal explorers and developers
The Northern Miner used the IntelligenceMine database of our sister company Infomine to determine the top-10 largest base metal companies headquartered in Canada that have non-producing assets. The list is…
Guatemalan court suspends Tahoe’s licence for Escobal
The Supreme Court of Guatemala has suspended Tahoe Resources’ (TSX: THO; NYSE: TAHO) flagship Escobal silver mine until it can hear an action brought against the government’s Ministry of Energy…
TSX loses ground, June 26-30
The S&P/TSX Composite Index fell 0.9%, or 137.37 points, to a 15,182.19-point close. Spot gold prices ventured near eight-week lows, falling US$15.10 to US$1,241.61 per oz., whereas Comex copper prices…
Orla to buy Camino Rojo from Goldcorp for $35M
VANCOUVER — Orla Mining (TSXV: OLA; US-OTC: ORRLF) may have scored a “fire-sale” deal on Goldcorp’s (TSX: G; NYSE: GG) Camino Rojo gold-silver project that lies 50 km southeast of Goldcorp’s…
Agnico Eagle invests $10M in Mexico-focused Candelaria Mining
Less than a year after picking up the Caballo Blanco project in Mexico for US$17.5 million, Candelaria Mining (TSXV: CAND) has pulled in a $9.8-million strategic investment from Agnico Eagle…
Canada’s benchmark index posts marginal advance, May 29-June 2
Canada’s real growth domestic product advanced at a 3.7% annualized rate in the first quarter, or more than triple the 1.2% rate posted in the United States. Business investment was…
Ecuador snapshot: 10 active companies
VANCOUVER — The Ecuadorian government restructured its mining and tax policies in 2014 in a bid to bring back foreign investment that had fled the country in previous years. The move…
TSX Venture down with commodities, May 1-5
The S&P/TSX Venture Composite Index shed 25.05 points to a 781.72-point close over the trading week, as spot gold prices plunged US$40.27 to US$1,228.01 per oz., and Comex copper prices…
Riverside, Centerra see promise at Glor in Sonora
VANCOUVER — Prospect generator Riverside Resources (TSXV: RRI) has launched into a 2,000-metre drill campaign with partner Centerra Gold (TSX: CG; US-OTC: CAGDF) at their Glor gold project, 8 km west of…
TNM Data Miner: Trends in Canadian equity finance and investment
The Northern Miner has joined forces again with sister company Infomine to leverage the powerful Intelligence Mine database to outline trends in equity financing for Canadian mining during the most recent market downturn….
TSX Venture eases up, April 3-7
The S&P/TSX Venture Composite Index gained 8.5 points to an 824.7-point close over the trading week, as spot gold prices gained US$6.10 to US$1,257.3 per oz., and Comex copper prices…