Extorre finds high-grade zone at Cerro Morro
A new high-grade discovery at Extorre Gold Mines’ (XG-T, XG-X) Cerro Morro gold project in southern Argentina has propelled its share price to an all-time high.
South America
Bear Creek slides with silver
As the New York spot price of silver has quickly retreated to $34.40 from its 31-year high of $48.70 on April 28, one of the formerly best-performing stocks in the junior silver space, Bear Creek Mining (bcm-v, bcekf-q), has tumbled along with…
Hunt hits promising intercepts at La Josefina
Vancouver – Argentina-focused Hunt Mining (HMX-V) has hit encouraging gold hits at the Sinter zone of its La Josefina project in Santa Cruz province.
Extorre releases more bonanza grades from Cerro Moro
Vancouver – Two weeks after releasing initial results from its Zoe discovery, Extorre Gold Mines’ (XG-T, XG-X) has released more very high-grade hits from the zone at its Cerro Moro project in Argentina.
Eldorado advances Tocantinzinho through prefeasibility
Vancouver – Eldorado Gold (ELD-T, EGO-N) predicts production from its newly acquired Tocantinzinho gold project in central Brazil will average 159,000 oz. per year over an 11-year mine life starting in late 2014, at cash operating costs…
Greystar releases underground study on Angostura
Vancouver – Restructured Greystar Resources (GSL-T) has released an underground-only scoping study on its beleaguered Angostura gold-silver project in northeastern Colombia.
Lago Dourado lured by Brazilian gold
Forbes Gemmell, 34, is likely one of the younger chief executives of a publicly listed mining company. Six months ago he abandoned his career as a research analyst and took…
Fortuna Silver boosts reserves, earnings
Fortuna Silver Mines (FVI-T) has added significant tonnage to its overall resource holdings and plans more exploration for the year ahead.
Greystar shuffles management
After being forced back to the drawing board in March in the face of major environmental opposition to its proposed heap-leach open-pit Angostura gold mine in Colombia, Vancouver-based Greystar Resources (GSL-T, GSL-L) has agreed to change its…
Trevali hits thick mineralization at Halfmile (April 29, 2011)
Vancouver – Trevali Mining (TV-T) has hit the thickest mineralized intercept yet at its polymetallic Halfmile project in New Brunswick.
Belo Sun adds lustre to Volta Grande (April 28, 2011)
Belo Sun (BSX-V) is beefing up resources at its Volta Grande gold project in Brazil’s Para state, with plans of completing a feasibility study by year-end.
China Minmetals walks from Equinox; Chinalco signs copper JV with Rio Tinto
As China Minmetals turns its back on Equinox Minerals (EQN-T, EQN-A) saying Barrick Gold’s (ABX-T, ABX-N) $7.3 billion offer for the copper producer is above its “most optimistic assessment of value,” another Chinese state-owned company has…