Evolution Mining's production steady, costs improve
www.miningweekly.com

The group, which owns five gold and silver mines, said on Wednesday that it had produced 107 201 oz, which was in line with the 107 195 oz produced in the previous three months, while year-to-date production reached 214 396 oz. Its cash cost fell to …

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Theo McCormick: Strip-mining damages Silver City's quality of life
www.nevadaappeal.com

For the last eight years, I have performed public service in Lyon County. During the last four years, I've served as a member of the Lyon County School Board. Previously, for four years, I was a member of the Silver City Advisory board. I am an active …

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Highland Gold Mining FY Gold Production Up
www.rttnews.com

Highland Gold Mining Limited (HGM.L,HGHGF.PK) posted 8 percent growth in production of gold and gold equivalents to 233,696 oz in 2013, and said it expects production for 2014 to increase in range of 300,000 – 320,000 oz of gold and gold equivalents.

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Timmins Gold Corp (TGD) news: Timmins Gold: Soaring Production Cost …
seekingalpha.com

Since I last wrote about Timmins Gold (TGD) back in August the stock is down roughly 30% from $1.91 to $1.35 per share, underperforming the broader sector by a great deal. In part this is due to the recently passed mining royalty in Mexico, which will …

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True Gold Mining Inc. Announces Bought Deal Offering of Units and Concurrent …
online.wsj.com

True Gold Mining Inc. ("True Gold" or the "Company") (TSX VENTURE:TGM) is pleased to announce that it has entered into an agreement with RBC Capital Markets and a syndicate of underwriters, pursuant to which they have agreed to purchase, on a bought …

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First Quantum turning Cobre Panama into true copper giant
www.mining.com

Canada's First Quantum Minerals (TSE:FM) said Tuesday that the estimated cost of its massive Cobre Panama project in Central America will rise to $6.4 billion, but at at the same time sharply raised forecast output for the copper-gold-silver mine.

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Hundreds of Local Workers Laid Off at Laos Gold Mine
www.rfa.org

Hundreds of local workers have been laid off at an Australian-operated gold mine in southern Laos following an announcement last year by company executives that the firm would cease mining the precious commodity due to rising costs. About 400 of 4,000 …

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Gold/silver may have a correction coming
www.istockanalyst.com

The next correction in silver & precious metal mining stocks may be quite big. I think a minimum of 20% is almost definitely in the cards. I wouldn't rule out a 30+% fall. However, the fall will be respected to the peak prices, and we still don't know …

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Gold de-hedging continues as miners focus on cost-containment
blogs.marketwatch.com

The rise in gold prices during the third quarter of last year did not motivate widespread hedging by mining companies, even though they had the opportunity to do so at higher prices, according to a quarterly hedge book report released Tuesday. Hedging …

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Endeavour Mining Reaches Commercial Production at Agbaou Gold Mine
goldinvestingnews.com

Endeavour Mining Corporation (TSX:EDV, ASX:EVR, OTCQX:EDVMF) achieved commercial production from the Agbaou Gold Mine following the successful commissioning of the processing plant. Also of note, the company announced that during the official …

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Chalice Gold Mines Limited – Court Approves Plan of Arrangement
www.prnewswire.com

PERTH, Western Australia, Jan. 28, 2014 /CNW/ – Chalice Gold Mines Limited (TSX: CXN; ASX: CHN) ("Chalice") and Coventry Resources Inc. (ASX: CYY; TSXV: CYY; "Coventry") advise that the Supreme Court of British Columbia has approved the Plan of …

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Gold Miners Have Missed Their Chance to Strike It Big
www.dailyfinance.com

You see, while investors and shareholders alike were mesmerized by the rising price of gold, gold miners could, in a sense, do whatever they wanted to. As a result, costs and debt shot up at miners like Barrick Gold (NYSE: ABX), and Newcrest (NASDAQOTH …

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Fresnillo Eyes Steady Silver, Return to Higher Gold Output in 2014
online.wsj.com

Mexican precious metals producer Fresnillo PLC (FRES.LN) said Tuesday its is forecasting broadly flat silver production this year after a rise last year and higher gold output due to the resumption of mining at its Herradura pit. The FTSE-100 miner …

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Canadian Silver Hunter Appoints New Chief Financial Officer
www.juniorminingnetwork.com

The South Lorrain Project is made up of four properties, centered by two prolific past producing silver-cobalt mines, the Keeley and the Frontier. Combined historic production from the two mines totaled 19.2 million ounces of silver, and 3.3 million …

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Does a Rebound in Gold Prices Change the Outlook for Miners?
www.fool.com

Earlier this month, I noted that gold miners such as Barrick Gold (NYSE: ABX ) , Goldcorp (NYSE: GG ) , and Newmont Mining (NYSE: NEM ) are likely to remain under pressure this year in the wake of declining gold prices. Since then, gold prices have …

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Gold and silver will shine again in 2014
www.moneyobserver.com

The commodities supercycle of 2000-2008, which produced roughly 20 per cent compound annual returns, was driven by scarcity of supply to meet the demands of emerging nations – notably China. Investment in the mining and extraction industries has now …

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Endeavour expects 3 tonnes a year of gold from Ivorian Agbaou mine
www.reuters.com

… and La Mancha's Ity are the other gold mines operating the country. Ivory Coast's total gold production stood at around 12 tonnes last year and the government has forecast annual output will reach around 25 tonnes by 2015 as new mines come on stream.

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Fresnillo: Flat silver, higher gold output in 2014
www.marketwatch.com

LN) said Tuesday its is forecasting broadly flat silver production this year after a rise last year and higher gold output due to the resumption of mining at its Herradura pit. The FTSE-100 miner produced 42.7 million troy ounces of attributable silver …

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Morro Bay (V.MRB) offers Mexico silver upside at ground floor stock price
www.stockhouse.com

The Peñoles Project optioned to Morro Bay consists of approximately 36,000 hectares (88,950 acres) located in the State of Durango, Mexico, along the Durango Silver Belt. The lands optioned to Morro Bay include two mines which were formerly worked …

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Old gold mine revealed by low reservoir waters
www.news10.net

(Photo: Tim Daly/News10/KXTV). SHARE 14 CONNECTTWEETCOMMENTEMAILMORE. STOCKTON – The long-hidden remnants of a mine that produced gold, silver and copper for nearly 100 years have reappeared at Lake Don Pedro in Tuolumne County.

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Why Should You Consider Precious Metal Royalty Companies?
wallstcheatsheet.com

True, investors seeking income from precious metals could look to mining companies — but mining is a risky business. Furthermore, if we take a look at gold and silver mining companies that pay dividends, we find that several of them have cut their …

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