August 13, 2012

Waymar intersects 40.5 meters grading 14.1 g/t gold at Anza

The company provides a report on the drill results from its Anzá property, Antioquia Department in the Republic of Colombia.

August 11, 2012

Excellon substantial drop in profits triggers management changes

Excellon Resources (TSX:EX) Chief Financial Officer, Steve Poad, quit on Friday after the company reported a big drop in profits in the second quarter the day before.

August 10, 2012

Mexico halts operations at 32 coal mines over safety fears

The Mexican government halted operations at the coal mines in the northern state of Coahuila on Thursday due to safety issues that have already caused the death of 13 coal…

August 10, 2012

Candente Gold Corp.: Goldcorp Mexico elects to continue as a 30% participating partner on the El Oro gold-silver project, Mexico

Candente Gold announced that Goldcorp Mexico, a subsidiary of Goldcorp Inc., has advised the company that it has elected to retain its 30% interest in the entirety of the El…

August 10, 2012

Cobriza intersects 292 meters of 0.33% copper equivalent(i) at Arikepay copper-gold porphyry discovery

The company highlights its RC-12-ARI-011: 292m averaging 0.10% Cu, 0.32 g/t Au and 1.1 g/t Ag, including 186m averaging 0.11% Cu, 0.43 g/t Au and 1.4 g/t Ag.

August 10, 2012

Sirocco reports results for Q2 2012

Highlights of the quarter include: quarterly gross profit of $6.4 million (Q2 2011: $1.4 million), quarterly net income of $3.2 million (Q2 2011: loss of $0.1 million) and Iodine production…

August 10, 2012

Gold Resource Corporation reports second quarter 2012 results; increases production by 8% over prior year quarter

The company reports having generated $17.2 million and increased gold production from 3,383 ounces in Q2 of 2011 to 15,564 ounce in 2012.

August 9, 2012

Peru’s passport to production: underexplored country on brink of fortune

What is undeniable is the potential for Peru, given fact that less than 1% of the country is being exploited today (0.77%), and only 14% of the country has been…

August 9, 2012

Excellon Resources declares force majeure at Mexico’s mine La Platosa

Excellon Resources Inc. said Wednesday an ongoing blockade at a mine in Mexico has compelled it to declare a force majeure in connection with concentrate delivery contracts with a unit…

August 9, 2012

2Q profit slips at Yamana due to escalating costs

Canadian precious metal miner, Yamana Gold (TSX:YRI), saw its profits slip 80% in the second quarter compared to a year ago.