Lupaka ramps up to underground production at Invicta
Lupaka Gold (TSXV: LPK) has tabled a positive preliminary economic assessment of its fully funded, 316 sq. km Invicta underground gold-copper project in Peru, 120 km north of Lima. It…
South America
Dynacor’s artisanal mining strategy pays dividends
Dynacor Gold Mines (TSX: DNG; US-OTC: DNGDF) is not your typical junior. The company buys ore from registered artisanal miners in Peru and processes it into doré at its Veta…
PDAC 2018: Ecuador mines minister hopes to eliminate windfall tax
Rebeca Illescas, Ecuador’s new minister of mines, says she hopes to persuade the government of President Lenin Moreno to abolish the windfall profits tax. “I’ve talked about this in Ecuador…
Adventus Zinc boosts resource at Curipamba
Since signing an earn-in agreement with Salazar Resources (TSXV: SRL) last September, Adventus Zinc (TSXV: ADZN) has updated the resource on its El Domo copper-gold-zinc deposit at the Curipamba project…
US markets dip, Feb. 19-23
Gold closed at US$1,328.20, down 1.36% over the previous week, as U.S. markets slipped. The Philadelphia Gold and Silver Index fell 3.24% to 80.53 and the Dow Jones Industrial Average…
Guyana Goldfields to accelerate production
VANCOUVER — Guyana Goldfields (TSX: GUY; US-OTC: GUYFF) has updated the mine plan at its flagship Aurora gold operation in Guyana, South America, that could boost its annual production profile to…
Newcrest takes 27% stake in Lundin Gold
Newcrest Mining (TSX: NCM), Australia’s largest-listed gold producer, is investing US$250 million for a 27.1% stake in Lundin Gold (TSX: LUG), a Canadian junior whose Fruta del Norte gold mine…
TSX Venture Exchange inches higher, Feb. 5-9
After falling nearly 90 points in the first week of February, the S&P/TSX Venture Composite Index has levelled off, rising 0.2% to finish at 813.39. Shares of Gold Reserve rose…
US markets fall, Feb. 5-9
Gold closed at US$1,315.7 per oz., down 1.2% over the previous week. U.S. markets suffered as the Philadelphia Gold and Silver Index fell 6.6% to 78.35, and the Dow Jones…
Chakana surges on Venture debut
Shares of Chakana Copper (TSXV: PERU) gained 78% on their first day of trading and the release of assays from five shallow drill holes at the company’s Soledad copper-gold-silver project…
US markets rise slightly, Jan. 8-12
Gold closed Friday at US$1,337.40 per oz., up US$18.60 per ounce. The Philadelphia Gold & Silver Index and the Dow Jones Industrial Average both rose 2% to 89.11 and 25,803.19….
Aurania sees shares jump, identifies target in Ecuador
Shares of Aurania Resources (TSXV: ARU) skyrocketed in the first week of January after a senior analyst at The Casey Report recommended to his subscribers that they buy the junior…