Sabina Gold & Silver Corp. is a Canadian precious metals exploration Company with a portfolio of several different properties in Canada at different stages of development. The Company's flagship projects are currently located in Nunavut, in the Canadian North.
Both Hackett River and Back River projects have logistics issues related to their remote location, but infrastructure may build up several blue chip mining companies are actively develop projects in Nunavut
07/10/14Sabina Gold & Silver says feasibility study for Back River expected in H1 2015
22/04/14Sabina Gold & Silver improves gold recoveries at Back River project
Recent Sector News
Energy Fuels has entered into a letter of intent with Uranium Resources (URI) to acquire properties adjacent to Roca Honda, totaling some 4,580 acres.
Canadian shares rose after Bank of Montreal and National Bank of Canada reported better-than-expected earnings and announced dividend increases. The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) rose 0.4 percent to 15,110.50 at 12:56 p.m. in Toronto. Three shares advanced for every two issues that declined as six out of the ten main share groups were in the positive territory.
This year, Largo achieved several milestones apart from the production amounts. Last March, the company said that recovery rates at the milling, kiln, and leaching systems have each met and surpassed design targets
The US uranium producer, which reports in US currency, posted gross profit of US$3.65 million on revenue of $7.6 million for the three months to March 31 for a margin of 48%
Canadian shares retreated, led by the three major heavyweight segments, as investors continue to digest Friday’s U.S. employment data and as oil prices drop. The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) fell 0.2 percent to 15,143 at 12:39 p.m. in Toronto. Two shares declined for every stock that advanced as seven out of ten share groups were in the negative territory.
On April 30, Largo said it signed a term sheet with lenders to defer its debt amortization schedule in a restructuring package that has also extended the maturities of its construction debt and export credit facilities for its Maracas Menchen Mine
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