Electrum sees merit in Southern Silver’s Cerro las Minitas
Southern Silver Exploration (TSXV: SSV; US-OTC: SSVFF) likes to think that its Cerro las Minitas silver-lead-zinc project in Durango, Mexico, has a lot going for it. Not only is it…
Mexico and Central America
Cyprium starts trial mining at Potosi
Cyprium Mining (TSXV: CUG) has begun small-scale mining at the past-producing underground Potosi silver-lead-zinc mine in northern Mexico, with plans to increase throughput. Potosi is in Chihuahua’s historic Santa Eulalia…
Sierra Metals sees exploration growth at its three underground mines
Sierra Metals (TSX: SMT) shares gained momentum after the company outlined its commitment to increase high-grade tonnage at its Yauricocha polymetallic mine in Peru, and Bolivar and Cusi mines in…
Timmins gains ‘breathing room,’ thanks to gold rally
VANCOUVER — Mexico-focused Timmins Gold (TSX: TMM; NYSE-MKT: TGD) will stay in the gold mining business thanks to the sustained rise in precious metal prices over the past six months. Eight…
Dynasty Metals shares surge on proposed US$4M financing
Shares of cash-strapped Dynasty Metals & Mining (TSX: DMM; US-OTC: DMMIF) have shot up after the company announced a US$4-million private placement with three directors of Goldgroup Mining (TSX: GGA;…
TSX reaches new year high, Aug. 8–12
During the second week of August, Canada’s benchmark index touched a 13-month high, contributing to a 0.7% weekly gain to close at 14,747.45. The index has been one of the…
Excellon swings back into profit as costs fall
Excellon Resources (TSX: EXN) is back in the black, after more than two years of losses. The operator of the high-grade Platosa silver-lead-zinc mine in Mexico reported a second-quarter adjusted…
Site visit: GoldQuest’s Romero at ‘decision point’
SAN JUAN, DOMINICAN REPUBLIC — The road to GoldQuest Mining’s (TSXV: GQC) exploration camp is rough to say the least. But president and CEO Julio Espaillat’s hands are steady on…
Downie’s Premier Gold to buy Mercedes in Mexico for US$140M
Premier Gold Mines (TSX: PG; US-OTC: PIRGF) has offered to buy Yamana Gold’s (TSX: YRI; NYSE: AUY) Mercedes mine in Mexico’s Sonora state for US$140 million, in a move that…
US markets rise, July 18–22
U.S. equities continued higher, helped by encouraging U.S. economic data and better-than-expected corporate earnings. The S&P 500 Index rose 0.6% to a 2,175.03 high. The Dow Jones Industrial Average advanced…
TSX Venture holds steady, June 13-17
The S&P/TSX Venture Composite Index closed relatively unchanged at 715.36 points. Spot gold nearly broke two-year highs, rising 1.9%, or US$24.41, to a US$1,298.65 per oz. close, as the U.S….
TSX Venture posts strong gains, June 6-10
The S&P/TSX Venture Composite Index jumped 3.2%, or 21.87 points, to a 715.59-point close, as gold prices climb towards four-week highs. Spot gold gained 2.4%, or US$30.04, to a US$1,274.24…