Fortuna Silver increases reserves, earnings
Vancouver – Fortuna Silver Mines (FVI-T) has added significant tonnage to its overall resource holdings with extensive exploration planned for the year ahead.
South America
Beaty closes in on 10/10
Vancouver – Of the 10 copper projects acquired by Ross Beaty’s Lumina Copper (lcc-v) in 2003 near the end of a five-year downturn for the resource sector and a dramatic fall in metal prices, it has kept just one, Taca Taca, in Argentina. The…
Peregrine Metals attracts attention
With the war for talent heating up in the mining industry it was something of a coup for junior Peregrine Metals (PGM-T) to snag as its new president Richard Leclerc — a seasoned mining veteran who over the course of his 29-year career has…
Malbex climbs as new zone is defined
All it took was the results from one drill hole and Malbex Resources’ (MBG-V) shares started running in the right direction.
Continental climbs on high-grade hits
Recent results from Continental Gold’s (CNL-T) Buritica gold project in Colombia add further support to the notion that the company has a significant project on it hands.
Buddy Doyle leads Amarillo Gold
Seven years in the malaria-infested rainforests of Papua New Guinea and six years in Canada’s Arctic led Buddy Doyle and his exploration teams at Rio Tinto (RIO-N, RIO-L) to the two biggest discoveries of his career: the 30-million-oz. Minifie…
Mirabela raising US$375M
Australia-based Mirabela Nickel (MNB-T, MBN-A) plans to raise US$375 million in senior notes to pay debt, end its hedges and continue ramping up its sizable Santa Rita nickel mine in eastern Brazil.
Oremex built to ride the silver wave
Having one of the most heralded silver bulls in your corner doesn’t hurt when you’re looking to become the next significant silver miner in Mexico.
Endeavour Silver awash in record profits
Endeavour Silver (EDR-T, EXK-N) ended 2010 with more than US$100 million in working capital, no debt, falling cash costs, and rising silver production.
Dorato looks to prove up Peru’s side of the border
Dorato Resources (DRI-V) has been getting some promising sniffs near the border between Ecuador and Peru. The company released its latest sampling results from Minera Afrodita, hot on the heels of drill results from a separate target on the…
Century suffers another setback as Peru mill suspended over tailings
Vancouver – Peru’s Ministry of Mines has told Century Mining (CMM-V) to suspend milling and processing operations at its San Juan gold mine while the ministry completes an evaluation of the mine’s tailings dams. The company provided no timeline…
Goldcorp doubles gold reserves at Cerro Negro (April 07, 2011)
With the price of gold in New York’s spot market reaching yet another all-time high close at US$1,456.80 an ounce on April 5, the world’s second largest gold producer by market value, Vancouver-based Goldcorp (G-T, GG-N), has announced a major…