Tag: #CDE

Ely Gold Royalties acquires 1% NSR on Lincoln Hill

Ely Gold Royalties acquires 1% NSR on Lincoln Hill

Ely Gold Royalties (ELY.V) has entered into a binding agreement with a third party to acquire a 1% Net Smelter Royalty on the Lincoln Hill property for $750,000 in cash (we are assuming this is in US Dollars considering the warrant price has been fixed at ‘CAN’$0.17) of which $400,000 […]

Northern Empire agrees to be acquired by Coeur Mining

Northern Empire agrees to be acquired by Coeur Mining

Northern Empire Resources (NM.V) has entered into an agreement with Coeur Mining (CDE), whereby the latter will acquire all of NM’s shares it doesn’t already own. Coeur is offering an all-share deal which values the Northern Empire shares at C$1.64 based on yesterday’s closing prices of both companies. The premium […]

Minaurum Gold starts a 5,000 meter drill program at Alamos

Minaurum Gold starts a 5,000 meter drill program at Alamos

Minaurum Gold (MGG.V) has now started a drill program on its Alamos silver project in Mexico. This drill program will consist of a minimum of 5,000 meters of diamond drilling, focusing on no less than seven vein structures which have been identified by the company’s sampling and mapping program in […]

Aztec Minerals will start trading today

Aztec Minerals will start trading today

Aztec Minerals (AZT.V) has now completed its Initial Public Offering and will start trading on the TSX Venture Exchange from today on. Haywood Securities has placed 11.5 million units of Aztec for total proceeds of C$4.03M, with each unit consisting of one share and ½ warrant. Each full warrant entitles […]

Rye Patch filed a demand for arbitration

Rye Patch filed a demand for arbitration

Rye Patch Gold (RPM.V) has announced it has filed a demand for arbitration against Coeur Mining (CDE, CDM.TO) with respect to the royalty payment made by Coeur to Rye Patch on the gold and silver production from the first quarter of 2014. After PriceWaterhouse Coopers performed an audit on the […]

Paramount Gold and Silver has prepared a new resource estimate at San Miguel

Paramount Gold and Silver has prepared a new resource estimate at San Miguel

Paramount Gold and Silver (PZG.TO, NYSEMKT:PZG) has announced the results of an updated resource estimate, which will be followed by an updated PEA in August. This PEA could be very interesting as Paramount will now also investigate the economics of a heap leach scenario on the San Antonio and San […]

Rye Patch Gold is about to receive its first royalty payment

Rye Patch Gold is about to receive its first royalty payment

Rye Patch Gold (RPM.V) has announced an update on the production status of the Rochester mine in Nevada, operated by Coeur Mining (CDM.TO, NYSE:CDE). Rochester produced approximately 750,000 ounces of silver and almost 8,200 ounces of gold during Q1, and Rye Patch Gold should have received the first quarterly payment […]

Mirasol reports on its Titan gold project

Mirasol reports on its Titan gold project

Mirasol Resources (MRZ.V) has announced an exploration update on its 100% owned Titan gold project in Chile. The company drilled 15 holes, good for a total of in excess of 3,200 meters, aimed at testing a gold oxide zone which was discovered last year during a trenching program. The rock […]

Coeur releases disappointing PEA on La Preciosa

Coeur releases disappointing PEA on La Preciosa

Coeur Mining (CDM.TO, NYSE:CDE) has released the results of an extremely disappointing PEA on the La Preciosa silver project in Mexico. Using a silver price of $21/oz (which is a premium of 8% over the current silver price), the IRR is just 6.2%, the payback period a disturbingly high 11.5 […]