McEwen Mining restarts Black Fox operations

Investors in Mexico-focused Newstrike Capital (TSXV:NES) enjoyed a small bump today with the announcement of a takeover by Vancouver-focused Timmins Gold (TSX:TMM).

Biggest jump of the year lifts iron ore price more than 6% off 2015 low.

Continental Gold’s Buriticá gold and silver project in Colombia is one of the richest gold deposits in the world, consistently ranked among the top gold development stories in the world by analysts.

Today the company announces the next strategic claim it is bringing to market – an approximately 39 square kilometer claim located 70-75 kilometers from Cusco and potentially the first gabbroic PGM claim in Peru or South America that includes platinum and palladium.

Yamana Gold (NYSE:AUY, TSX:YRI) will start construction of its Cerro Moro gold-silver project in the southern Argentine province of Santa Cruz, the Toronto-based gold producer announced last week.

Output at Canadian gold mines surged 29% last year, surpassing South Africa for the first time in history. US production dives more than 8%.

Minas Rio.

Achieved gold and copper production in the fourth quarter of 49,123 ounces and 14.9 million pounds, respectively, with record production from Chelopech.

"At current exchange rates, each US$1 change in the price of a barrel of oil has an approximate $5 million effect on our operating costs."