It took nearly five years, but the Bureau of Land Management has issued a positive record of decision (ROD) on the final environmental impact statement (EIS) allowing Barrick Gold (TSX: ABX; NYSE: ABX) to restart and expand a past-producing…
The S&P/TSX Venture Composite Index recovered from a four-month low during the shortened trading period, gaining 1.2%, or 11.40 points, en route to a 987.95-point weekly close. Markets were bolstered by strong quarterly earnings from the…
Shares of Balmoral Resources (TSX: BAR; US-OTC: BALMF) surged 21% to $1.04, with 4.6 million shares trading hands after the junior reported an intercept of 1,138 grams gold per tonne over 4.9 metres, including 9,710 grams gold over 0.57 metre…
The former management team of CGA Mining, which redeveloped and opened the Masbate gold mine in the Philippines and then merged last year with B2 Gold (TSX: BTO; NYSE-MKT: BTG) in a deal worth US$1.1 billion, is hoping to repeat some of that…
Toronto-based Dominion Diamond (TSX: DDC; NYSE: DDC) reported a strong operational start to the year, with higher-than-expected diamond production, sales and average prices for its first quarter of fiscal 2015.
Gold producer Rio Alto Mining (TSX: RIO; NYSE: RIOM) is acquiring developer Sulliden Gold (TSX: SUE, US-OTC: SDDDF) in a friendly $300-million, all-share deal to create a new mid-tier gold firm with low-cost operations in Peru.
Arianne Phosphate (TSXV: DAN; US-OTC: DRRSF) says one of the world’s largest greenfield phosphate-rock projects has just gotten bigger, with near-surface inferred resources added from the Lac à Paul deposit’s Nicole zone in…
Junior gold explorer Novo Resources (CNSX: NVO) checks all the boxes: it’s led by a well-known, connected and respected geologist; it has several prospective gold projects (one of which has an inferred resource) in the low-risk…
Continental Gold (TSX: CNL; US-OTC: CGOOF) has updated the resource estimate for the two major vein systems at its Buritica gold project in Colombia. Both systems are characterized by multiple, steeply dipping veins and broader, more…
Energy and banking stocks helped drive the S&P/TSX Composite Index higher, while Canada’s main stock index also got a lift from reassuring comments mid-week in the U.S. from the Federal Reserve that it remains committed to withdrawing…
U.S. stock markets shunned the bears and rewarded the bulls — while dismissing the old adage to ‘sell in May and go away.’ With stronger-than-expected manufacturing numbers out of Asia pointing to resilience in global growth,…
VANCOUVER — In its forty-sixth annual mining industry survey, PwC’s Digging Deep: The Mining Industry in British Columbia 2013 reflects a difficult year for the sector across all commodities.
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