Endeavour Silver’s cost cutting boosts balance sheet
VANCOUVER — Glancing at Endeavour Silver’s (TSX: EDR; NYSE: EXK) production and earnings numbers for the second quarter, it doesn’t appear a lot has changed over the past year.
Mexico and Central America
Silver Wheaton CEO: we’re ‘busy pursuing acquisitions’
VANCOUVER — Since pioneering the stream financing model nearly a decade ago, Randy Smallwood and his team at Silver Wheaton (TSX: SLW; NYSE: SLW) have turned it into a multi-billion dollar business. It’s been around two years since…
Ana Paula will be profitable, Newstrike’s Whittall says
Newstrike Capital (TSXV: NES; US-OTC: NWSKF) president and CEO Richard Whittall is certain the upcoming preliminary economic assessment (PEA) on the company’s 2.25 million oz. Ana Paula gold project will prove it’s a…
Timmins Gold doubles Q2 profits
Timmins Gold (TSX: TMM; NYSE-MKT: TGD) has reported a second-quarter profit of US$3.2 million, or US2¢ per share, which is double the amount earned a year ago, but below the consensus estimate of US4¢ per share.
Peru approves EIA for Southern Copper’s Tia Maria
Southern Copper (NYSE: SCCO) will start building its US$1.4-billion Tia Maria copper mine in Peru before the end of 2014, after having secured approval of the project’s environmental-impact assessment in early August. Production is…
Coeur revamps Palmarejo mine plan
VANCOUVER — It’s been almost six years since U.S. producer Coeur Mining (TSX: CDM; NSYE: CDE) last released a mine plan for its wholly owned Palmarejo gold–silver operation, 420 km southwest of Chihuahua, Mexico, and a…
Cerro Negro becomes Goldcorp’s newest mine
Goldcorp’s (TSX: G; NYSE: GG) Cerro Negro mine in Argentina produced its first gold dore bar on July 25 and is on track to reach commercial production by the end of this year.
Calibre Mining a golden bet in Nicaragua
VANCOUVER — Junior Calibre Mining (TSXV: CXB; US-OTC: CXBMF) appears well positioned to benefit from a trio of promising regional gold assets in Nicaragua.
TSX gains despite geopolitical woes, July 14-18
The S&P/TSX Composite Index ended the week in positive territory, advancing 141.07 points to 15,266.57, as investors shrugged off war in the Middle East and Ukraine, and focused on corporate earnings. The S&P/TSX Capped Diversified…
BCSC accuses analyst at Mt Kellett of improper insider trading
The B.C. Securities Commission is alleging that a Hong Kong-based analyst working for a global institutional investor in 2012 tipped his sister about information regarding a cost overrun that had not been publicly disclosed at Baja…
Silver Wheaton a top pick for Salman Partners
Silver Wheaton (TSX: SLW; NYSE: SLW) has been upgraded to Salman Partners analyst Ash Guglani’s top-picks list due to its attractive production and growth profile.
Cayden three for three at El Barqueo
Cayden Resources (TSXV: CYD; US-OTC: CDKNF) keeps hitting gold at its El Barqueno project in Jalisco state, Mexico, coming up with its third discovery at the project in July.