Shares of Continental Gold (CNL-T) surged $1.09, or 12%, to $9.90 apiece, with more than 6 million shares changing hands on news of an updated resource estimate for the company’s Buritica project in Antioquia, Colombia.
When Steven Dean stepped down in 2002 as president of Teck Cominco, now Teck Resources (TCK-T, TCK-N), his motivation was simple: he wanted to spend more time with his family after spending years on the road, a fact of life in the…
Unto everything there is a season; a time to hustle and sell off your vast, frozen iron ore assets in remote parts of the country to foreigners from the tropics, and a time to throttle back production at actual iron ore mines in Canada’s…
There won’t be enough copper to meet Chinese demand by the middle of the next decade, Adrian Day, president of Adrian Asset Management in London, told a group of investors at the Cambridge House conference in Toronto.
Nearly two years after its initial environmental assessment was rejected, Vancouver-based Taseko Mines (TKO-T, TGB-X) is stepping up to the plate for a second attempt at permitting its US$1.1-billion New Prosperity copper-gold project, 120 km…
Afferro Mining — Ousmane Kane appointed a director.
In the article “NuLegacy gets in line on Nevada’s Cortez trend” (T.N.M., Sept. 17–23/12), it was incorrectly stated that NuLegacy Gold has an option agreement with Miranda Gold on the Wood Hills South gold project in Elko County,…
Toronto Stock Exchange
Spot pricesCourtesy of ScotiabankTuesday, October 2, 2012Precious MetalsPrice…
Toronto-based explorer Atacama Pacific Gold (ATM-V) has had a good run over the past four weeks. Anticipation built as Atacama neared completion on a year-long resource drill program at its wholly owned Cerro Maricunga gold property, 140 km…
Patagonia Gold (PAT-T, PGD-L), one of the largest landholders in the Argentine province of Santa Cruz and an exploration company that is likely to have three mines in production within the next three years, could be a takeover candidate in the…
Recent media reports have suggested Stornoway Diamonds’ (SWY-T) Renard diamond project in Quebec may face delays given that construction of the Route 167 extension from Chibougamau to the Otish Mountains is slightly behind plan, but the…
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