GOLD 1279.64 $/ozChange: 4.69
PLATINUM 1418.50 $/ozChange: -1.70
R/$ exchange 10.68Change: 0.06
R/€ exchange 14.15Change: 0.09
 
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PRECIOUS METALS

Primero Mining swings to adjusted Q1 loss Restricted

0 COMMENTS
Precious metals producer Primero Mining on Thursday said it had swung to an adjusted first-quarter loss of $2.9-million, or $0.02 a share, despite gold-equivalent output rising 31%. Wall Street analysts had on average expected earnings of nil per...
8th May 2014
 
 
GOLD

Gold could test new 4yr low this year – Metals Focus Restricted

0 COMMENTS
Gold could lose more lustre in 2014 and test a new four-year low at $1 100/oz, as safe-haven buying tapers on the back of a recovering US economy and the expected eventual de-escalation of tension in the Ukraine, consultancy Metals Focus said on...
7th May 2014
 
 
BASE METALS

Bill passed to provide $270m for SE Alaska mines Restricted

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The Alaska State Legislature has unanimously passed Senate Bill 99 (SB 99), which includes provisions authorising the Alaska Industrial Development and Export Authority (AIDEA) to make up to $270-million available for infrastructure and...
6th May 2014
 
 
PRECIOUS METALS

Allied Nevada profit declines despite higher output Restricted

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Despite operational improvements at its flagship Hycroft mine, in Nevada, which had resulted in US miner Allied Nevada Gold reporting soaring first-quarter precious metals output, its net profit declined by 96%. The Reno, Nevada-based miner on...
6th May 2014
 
 
PRECIOUS METALS

SilverCrest Mines starts mill commissioning at flagship Mexican mine Restricted

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Canadian precious metals producer SilverCrest Mines on Monday reported that it had started commissioning of the new 3 000 t/d counter current decantation Merrill–Crowe processing plant at its flagship Santa Elena mine, in Sonora state, Mexico....
5th May 2014
 
 
SILVER

Excellon Resources swings to Q1 profit despite lower grades, prices Restricted

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Mexico’s highest-grade silver miner Excellon Resources has reported a first-quarter profit despite lower grades at its flagship La Platosa mine, and lower realised prices. The miner on Tuesday reported net income of $1.9-million, or $0.03 a...
30th April 2014
 
 
SILVER

Fortuna Silver lifts Q1 output to record high Restricted

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The TSX-listed stock of Fortuna Silver Mines on Monday rallied after the company reported record output from its two operations located in Mexico and Peru. For the first three months of 2014, the Vancouver-based company, which owns the San Jose...
15th April 2014
 
 
PRECIOUS METALS

McEwen Mining lifts Q1 output Restricted

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Colorado-incorporated McEwen Mining on Thursday reported that gold-equivalent output for the first three months of 2014 rose by 14% year-on-year, boosted by higher output from its flagship El Gallo 1 mine, in Mexico. The NYSE- and TSX-listed...
10th April 2014