Tahoe steamrolls through 2015
There’s no slowing down for Tahoe Resources (TSX: THO; NYSE: TAHO).
Mexico and Central America
Pershimco advances Cerro Quema in Panama
Pershimco Resources’ (TSXV: PRO; US-OTC: RSPRF) Cerro Quema gold project in southwestern Panama is on track to start production in late 2016, and in its first full year of operation, it could be the Central American country’s…
First Quantum slows pace at Cobre Panama
VANCOUVER — Development is continuing at First Quantum Minerals’ (TSX: FM; US-OTC: FQVLF) Cobre Panama copper-gold project in Panama, despite concerns of softer metal prices and a tightening of the company’s purse…
Explorers enjoy the blue-sky in Nicaragua
VANCOUVER — Epithermal gold deposits tend to form in clusters that mimic the spacing of active volcanoes, and they typically go hand-in-hand with gold-copper porphyry deposits, polymetallic skarns and other intrusion-related systems.
Great Panther to snatch Cangold for $1.7M
Mexican-focused producer Great Panther Silver (TSX: GPR) is buying Cangold (TSXV: CLD; US-OTC: CGLJF) primarily to get its paws on the Guadalupe de los Reyes (GDLR) gold-silver project in Sinaloa state, in an all-share deal worth $1.7 million.
U.S. equities gain, Feb. 16-20
U.S. stocks rose after the Greek government secured a four-month extension to its debt bailout package, pushing the S&P 500 Index up 0.7% to close at 2,110.30, while the Dow Jones Industrial Average advanced 0.6% to 18,140.44, its highest…
Guerrero on the discovery trail at Biricu
VANCOUVER — It’s early days for explorer Guerrero Ventures (TSXV: GV; US-OTC: GVXNF) at its 410 sq. km Biricu property in the emerging Guerrero Gold Belt (GGB) of southwestern Mexico, but the company has strong technical pedigree…
Primero eyes more production, lower costs in 2015
Primero Mining (TSX: P; NYSE: PPP) forecasts better prospects in 2015 after a troublesome 2014, when it recorded an 89% drop in adjusted profit, despite meeting its full-year production guidance.
Coeur takes US$1B writedown in 2014
Coeur Mining (TSX: CDM; NYSE: CDE), the largest U.S.-based silver producer, reported a wider net loss for 2014 as it took a US$1-billion after-tax writedown in the fourth quarter, following weaker silver and gold prices.
Southern Copper’s 2014 profit hit by lower copper prices
Southern Copper (NYSE: SCCO), controlled by Grupo Mexico, reported weak fourth quarter and full year 2014 earnings, largely due to a 7% drop in copper prices since 2013.
Timmins Gold bids for Newstrike to secure growth
Timmins Gold (TSX: TMM; NYSE-MKT: TGD) is poised to buy Newstrike Capital (TSXV: NES; US-OTC: NWSKF) for its high-grade Ana Paula project, which would become Timmins’ third major gold asset in Mexico.
Baja Mining’s Boleo produces first copper
When Tom Ogryzlo replaced John Greenslade as head of Baja Mining (TSXV: BAJ) in May 2012, the company and its then 70%-owned copper-cobalt-zinc Boleo project in Mexico were in freefall — reeling from hundreds of millions of dollars in…