VANCOUVER — In a few short months, privately held TMAC Resources has acquired a large gold project in northernmost Canada, signed a memorandum of understanding (MOU) with the Inuit association that owns the project lands, added $35…
Spot pricesCourtesy of ScotiabankTuesday, March 26, 2013Precious MetalsPrice…
Despite several mill maintenance shutdowns last year and variable ore hardness and fragmentation entering the semi-autogenous grinding mill from different open-pit locations, Copper Mountain Mining (CUM-T) posted a gross profit of $38.2 million…
Last month, Scotiabank’s vice-president of economics and commodity market specialist Patricia Mohr received the 2012 Metal Bulletin Apex Award for the best gold and overall precious metals price forecasts. Mohr received top honours for…
VANCOUVER — A day after announcing record earnings in 2012, Endeavour Silver (EXK-N) inked a deal to sell bonus concentrate from its overachieving Bolanitos silver-gold mine to local Mexican smelters, in a move that positions the producer…
Australia-focused Crocodile Gold (CRK-T) is looking to fund development through debt. The company is issuing $30 million in convertible debt that would pay interest at a 5% rate.
Late March saw the Canadian government table its budget, the theme of which proved to be “steady as she goes” — both in the broad sense, and for the mining industry specifically.
After the forum on mining royalties organized by the Quebec government and held in Montreal on March 15, apprehension clearly remains the order of the day.
VANCOUVER — Just two weeks after announcing a permit milestone at its Kitsault molybdenum project, 140 km northeast of Prince Rupert, B.C., Vancouver-based junior Avanti Mining (AVT-V) has run into opposition from the Nisga’a Nation.
Toronto’s resource-heavy index retreated during the week, with concerns running rampant over Cyprus’ financial state. The S&P/TSX Composite Index fell 0.6%, or 73 points, to 12,757.35, as the Cypriot government struggled to…
The S&P/TSX Venture Composite Index avoided a week in the red, with a positive showing on March 22 limiting a 10.8-point, or 0.97% loss, en route to a 1,106.35 weekly close.
Labrador Iron Mines (LIM-T) is expecting to receive $30 million from a subsidiary of India’s Tata Steel, as part of an alliance it recently entered to create cost synergies in the Labrador Trough region, where the two companies operate…
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