Silver
SILVER STREAMING
Silver Wheaton chief would be ‘surprised’ not to close more deals this year
0 COMMENTS
The world’s largest precious metals streaming company Silver Wheaton on Tuesday said it has an appetite for more large deals this year, following its blockbuster acquisition of a share of the gold production from two mines owned by diversified...
By: Henry Lazenby
5th March 2013
SILVER
First Majestic Silver Q4 profit rises on improved output, prices
0 COMMENTS
Mexico-focused silver producer First Majestic on Tuesday reported that net income for the fourth quarter ended December 31 rose by 5% to $22.4-million or 19c a share, compared with $21.3-million or 20c a share for the same quarter of 2011, as a...
By: Henry Lazenby
26th February 2013
GOLD
Allied Nevada announces improved mine plan, economics
0 COMMENTS
Allied Nevada, which operates the Hycroft silver/gold mine near Winnemucca, on Friday announced an updated mine plan and economics for the operation, which it is busy expanding.
The New York- and Toronto-listed company said the revised mine plan...
By: Henry Lazenby
22nd February 2013
PRECIOUS METALS
Yamana Gold Q4 profit soars on higher output
0 COMMENTS
Canadian miner Yamana Gold on Wednesday said fourth-quarter profit soared on higher gold production, which overshadowed an increase in operating costs.
Net earnings for the quarter ended December 31 were $169.2-million or 22c a share, an 88.8%...
By: Henry Lazenby
21st February 2013
GOLD
New Gold lifts 2012 production as BC mine operates first full year
0 COMMENTS
Midtier Canadian gold miner New Gold has lifted its 2012 gold production by 6% to 411 892 oz, up from 387 155 oz produced in 2011, mainly as a result of the successful start-up of the New Afton mine, in British Columbia (BC).
The company said...
By: Henry Lazenby
6th February 2013
METALS STREAMING
Silver Wheaton acquires gold streams from Vale's Salobo and Sudbury mines
0 COMMENTS
Silver-streaming company Silver Wheaton on Tuesday said it would venture into the gold market by acquiring a share of the production from two mines owned by diversified miner Vale for $1.9-billion in cash and ten-million warrants.
The deal would...
By: Henry Lazenby
6th February 2013
POLYMETALLIC PROJECT
Turkish project gives developer Aldridge the ‘natural edge’
0 COMMENTS
Turkey-focused project developer Aldridge Minerals believes its flagship Yenipazar polymetallic volcanogenic massive sulphide project would be a catalyst for significant new value creation once production, slated for early 2016, starts.
CEO Mario...
By: Henry Lazenby
6th February 2013
SILVER
Silver superpit given the go-ahead - MacPhersons
0 COMMENTS
Metals miner MacPhersons Resources has started the tendering process to expand its Nimbus silver/zinc/gold project, in Western Australia, after optimisation studies confirmed the viability of merging the original two openpit operations into a...
5th February 2013
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Asset sales, not just buys, build a strong gold senior - Goldcorp's Jeannes
Ontario fast-tracks mining law revamp to bring much-needed clarity, 'balance' - Minister
Mexico's biggest new gold mine may get even bigger
Asset sales, not just buys, build a... 
Ontario fast-tracks mining law revamp...
Mexico's biggest new gold mine...
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