Fortuna produces 53% more silver in Q3
Latin America-focused Fortuna Silver Mines (FVI-T, FSM-N) says it is set to beat its full-year forecast helped by record third-quarter production driven by higher-than-expected grades at its two mines.
Mexico and Central America
AuRico reflects changing investment landscape
While many market watchers see the depressed state of mining equities as a historic opportunity for increased M&A activity, some miners with hoards of cash are actually turning away from acquisitions, preferring to focus on returning…
Early juniors get low-hanging fruit in Jalisco
It’s not every day that primary silver deposits are found at the side of a road.
SilverCrest increases bought deal financing
Precious metals producer SilverCrest Mines (SVL-V, SVLC-N, SVLC-X) has expanded its bought financing to $30 million from $26 million and will use the proceeds to both eliminate the remainder of its gold hedge book and beef up…
MAG Silver completes initial resource at Cinco de Mayo
The Cinco de Mayo project in Mexico contains inferred resources of 12.45 million tonnes grading 132 grams silver per tonne, 0.24 gram gold per tonne, 2.86% lead and 6.47% zinc, MAG Silver (MAG-T, MVG-N, MAG-X) reported in a maiden resource…
Tahoe, Radius on working in Guatemala
VANCOUVER — When listing stable mining jurisdictions Guatemala would have a hard time making the grade. The small Central American country emerged from civil war in 1996, and remains in its infancy as far as development and regulatory…
Goldquest drops 33% on drill results
Goldquest Mining (GQC-V), which has seen a substantial boost in its share price after discovering the Romero target in late May, slipped 33% on the target’s latest drill results.
McEwen plots out El Gallo’s next growth stage
A feasibility study for phase two of McEwen Mining’s (MUX-T, MUX-N) expanding El Gallo mine supports production of an additional 5 million oz. silver a year for seven years from the company’s mining complex in Sinaloa, Mexico….
Paramount grows resource at San Miguel
Paramount Gold and Silver (PZG-T, PZG-X) has bulked-up its Mexican resources in a serious way. The company released an updated resource estimate for its wholly owned San Miguel project in the country, boosting indicated gold resources by 547%,…
Torex plans 2015 start-up for Morelos
Torex Gold Resources (TXG-T) shares saw heavy trading after the company released a bankable feasibility study for its Morelos project in Mexico’s prolific Guerrero gold belt, as well as more drill results from the project’s…
Inmet bids for Petaquilla
In what looks like a move to tidy up the neighbourhood, Inmet Mining (IMN-T) is offering to buy Petaquilla Minerals (PTQ-T) for $112 million in cash or equity. Petaquilla operates the Molejon gold mine in Panama, adjacent to Inmet’s Cobre…
Vista keeps growing Mt. Todd
Vista Gold (VGZ-T, VGZ-X) has bulked up its resource estimate for its Batman deposit at the company’s Mt. Todd gold project in Australia’s Northern Territory.