Bidding war for Minefinders unlikely after Pan American offer

Minefinders Corporation, which rose 22% on the TSX on Monday after agreeing to a $1.5-billion friendly bid from Pan American Silver, will not likely see an interloper emerging, Salman Partners analyst David West said on Monday. The companies...

Company Announcement: Minefinders Reports 13.69 Gpt Of Gold-Equivalent Over 23.5 Metres In Las Huatas Zone At Its La Virginia Property

Following encouraging results earlier in the year, drilling remains focused on the Las Huatas Zone.

Minefinders rides surging precious metals prices

Second-quarter profits for gold and silver junior Minefinders Corp climbed by ten times to $30.5-million compared with the same period a year ago, as production at its Dolores mine in Mexico ramped up and precious metal prices boosted revenues....

Minefinders lifts Q1 production at Mexico mine

Vancouver-based Minefinders Corporation said on Wednesday gold and silver production for the first quarter, at 37 698 oz gold equivalent, was consistent with it full year guidance. Sales for the first three months of the year were $52,3-million,...

Minefinders trims forecast

Vancouver-based Minefinders Corporation has lowered its production guidance for 2009, after crusher throughput was lower than expected and lower-grade ore was mined in July and August, at the firm's Dolores mine, in Mexico. Minefinders now...

Minefinders closes C$66m offering

Vancouver-based gold producer Minefinders Corporation has closed a C$66,03-million bought deal offering, the company announced on Tuesday. The proceeds will be used to repay debt, for ongoing development at the company's La Bolsa project, future...

Minefinders says output still rising at Dolores mine

Vancouver-based Minefinders Corporation produced 23 336 oz of gold in the second quarter at its Dolores mine, in Mexico, an increase of 65% compared with the first three months of the year, the firm announced on Wednesday. Silver production rose...

Dolores mine achieves commercial production

Vancouver-based Minefinders Corporation has achieved commercial production at its flagship Dolores gold/silver mine, in Chihuahua, Mexico, the firm announced on Thursday. Commercial production status was declared with effect from May 1.

Protesters block road to Fortuna's silver/gold project in Mexico

A group of demonstrators have “illegally” blocked the main access road to Fortuna Silver Mines; San Jose silver-gold project, as well as the nearby San Jose del Progreso town, the firm reported on Thursday. The group, which ranges from 10 to...

Gold, silver recovery 'exceeding expectations' at Mexico mine

The recovery rates being achieved at Minefinders' Dolores mine, in Mexico, are “exceeding expectations”, the company reported on Tuesday. Minefinders said it produced about 14 169 oz of gold and 282 429 oz of silver in the first three months...

Dolores mine now cash flow positive – Minefinders

Vancouver-based Minefinders Corp entered positive cashflow in February at its Dolores mine, in Chihuahua, Mexico, and is on target to reach commercial production in the second quarter, the firm reported on Thursday. The mine began generating...

Production ramping up at Minefinders' Dolores mine

Vancouver-based Minefinders Corp produced 2 700 oz of gold and 50 000 oz of silver in January at its new Dolores mine, in Mexico, the firm reported on Monday. Further, by mid-February, production had already topped January's performance, and...