Adapt, survive, Excellon style
Surviving tough times in the mining cycle requires adaptability, and if an investor is looking for an example, they need not look further than Excellon Resources (TSX: EXN; US-OTC: EXLLF).
Mexico and Central America
Fortuna releases maiden resource at Trinidad North
VANCOUVER — Shares of Mexico-focused producer Fortuna Silver Mines (TSX: FVI; NYSE: FSM) received a boost following news of a successful drill program at the company’s San Jose silver-gold mine in Oaxaca State, Mexico. On Oct. 17 Fortuna…
Defiance Silver takes steady steps at San Acacio
ZACATECAS, MEXICO — Defiance Silver (TSXV: DEF; US-OTC: DNCVF) is determined to beat the odds and secure the funds it needs to bring the San Acacio project — containing the past-producing San Acacio silver mine and the Santa…
Drills keep turning for Santacruz at San Felipe
Santacruz Silver Mining’s (TSXV: SCZ) latest drill results show that it may be able to deliver improved grade at its San Felipe silver project in Mexico’s Sonora state.
PwC gold study charts new ground
A study on the direct economic impact of gold — commissioned by the World Gold Council — gathers, for the first time, all the evidence of the precious metal’s economic and fiscal contribution, author PricewaterhouseCoopers…
Boart Longyear weathers downturn
When Richard O’Brien left his post as CEO of Newmont Mining (NYSE: NEM; TSX: NMC) in December 2012, after five years in the job and seven at the company, he wasn’t ready to “hang up his pick” just yet.
Endeavour Silver’s production rebounds
VANCOUVER — Mexico-focused producer Endeavour Silver (TSX: EDR; NYSE: EXK) has benefitted from a bounceback in production over the past three months, as the company saw both its silver and gold output jump.
Mercator weighs its options
Mercator Minerals (TSX: ML; US-OTC: MLKKF) is delving into a strategic review that is considering any or all of the following: selling the company; a business combination; or selling all or part of its assets, in light of lower commodity…
OceanaGold to buy Pacific Rim
OceanaGold (TSX: OGC; US-OTC: OGDCF) is banking on bringing its recent success in the Philippines to El Salvador.
Production is right around the corner for Marlin Gold
It’s not every day that you come across a junior that is on the brink of production and generating cash within four to six months, whose largest shareholder is a hedge fund with an 80% ownership stake, whose management team is headed by…
Mexico’s mining tax causes concern
A proposed 7.5% mining tax on companies in Mexico and as much as 8% on those extracting precious metals is creating uncertainty in the industry about investing in a country that until now has been thought of as one of the world’s most…
Torex tallies Media Luna resource in Guerrero
It’s been a busy few months in Mexico for Torex Gold Resources (TSX: TXG), which is advancing two projects on its Morelos property, a 290 sq. km landholding in Guerrero state.