Mercator Minerals posts $1.5m profit, Mineral Park improves

Base metals miner Mercator Minerals on Monday reported adjusted first-quarter earnings of $1.5-million, or nil a share, which was largely in line with analyst expectations of a loss of 1c a share. The TSX-listed copper, molybdenum and silver...

Mercator targets intermediate status with Creston Moly buy

Mercator Minerals, which produces copper and molybdenum from a mine in Arizona, is hoping that the acquisition of Canada's Creston Moly, announced on Tuesday, will help bump the company and its valuations up into the mid-tier league, CEO Michael...

Mercator rises after Pala, Geologic say they'll withhold votes for board

Shares in TSX-listed Mercator Minerals rose 7,6% on Wednesday, after shareholders representing 24,3% of the copper and molybdenum producer said they will withhold votes for the current board of directors at the company's next shareholders'...

Creston Moly hikes resources at Mexico project

TSX Venture Exchange-listed Creston Moly Corp has increased the measured and indicated molybdenum resource at its flagship project in Sonora, Mexico, by 34% and the copper resource in the same categories by 77%, the company announced on Tuesday....

Goldgroup sells Mexico project for $25m

TSX-listed Goldgroup Mining has sold its El Porvenir gold project in Aguascalientes, Mexico, to the Frisco Group, a unit of Grupo Carso, for $25-million. The price includes $1,7-million to discharge a royalty interest on the property held by a...

Timmins Gold announces first gold pour at Mexico mine

Vancouver-based Timmins Gold has made the first gold pour at its San Francisco gold mine in Sonora, Mexico. Gold plant superintendent Medardo Miramontes and assistant mine manager Lucio Romero, under the supervision of mine manager Alfredo...

Timmins Gold starts count down to first pour

Junior Timmins Gold expects to pour its first gold and silver dore bars in the next few weeks at the company's new San Francisco mine, in Sonora, Mexico. The gold plant is now operational and gold is being extracted from the pregnant solution,...

Creston Moly agrees to buy Tenajon

Canadian molybdenum hopefuls Creston Moly and Tenajon Resources have agreed to combine their businesses, the firms announced on Wednesday. Creston's flagship project is located in Sonora, Mexico, while Tenajon is exploring for molybdenum on...

Creston molybdenum project, Mexico

The project involves the development of a conventional openpit mining operation

Mercedes gold project, Mexico

The project involves the development of the Mercedes deposit to produce about 118 000 gold-equivalent ounces.

Creston Moly completes prefeasibility study for Mexico project

Vancouver-based Creston Moly has completed a prefeasibility study on its flagship Creston project, in Sonora, Mexico, and will move ahead with a bankable feasibility study, albeit “in a measured and cash conservative manner”, the firm said on...

Yamana's Mercedes project may produce 118 000 oz/y - study

Toronto-based Yamana Gold has completed a prefeasibility study on its Mercedes gold/silver project, in Sonora, Mexico, which indicated the mine could produce about 112 000 oz/y of gold and 366 000 oz/y of silver, the firm said on Thursday. At an...