The Dow Jones Industrial Average and the S&P 500 posted gains for the sixth consecutive week, buoyed by comments from German Chancellor Angela Merkel that she supported the European Central Bank’s efforts to fight debt, and…
In an exploration update, Premier Gold Mines (PG-T, PIRGF-O) says it continues to intersect and expand on several horizons at its Trans-Canada gold project in northwestern Ontario, while hitting multiple high-grade intercepts. A bulk of the…
Starting the world’s first seabed mining operation was never going to be simple, but for TSX-listed Nautilus Minerals, the challenges have been multiplying.The logistics of commercially mining 1.6 km below sea level — which would…
TSX Short Positions Short positions outstanding at July 31/12 (with changes from July 15/12). Largest Short Positions…
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date Aug 6 Aug 3 Aug 2 Aug 1 July 31 US$ in C n/a 0.9986 1.0062 1.0017 1.0014 …
The National Mining Hall of Fame (NMHF) in the U.S. has selected four inductees for 2012: Glen A. Barton, J. David Lowell, Samuel Newhouse, and John Cleveland Osgood.The four will formally join the ranks of 214 previous inductees in the hall of…
Colt Resources (GTP-V, COLTF-O) has lofty plans to bring the next gold and tungsten mines to Portugal, a country perhaps best known for its fortified wines. The junior’s motto is “A gold company created by investors for…
Endeavour Mining (EDV-T) plans to buy Avion Gold (AVR-T) in a $389-million all-stock deal to increase its foothold in West Africa, and expand its annual production to over 450,000 oz. gold in 2015. Endeavour will provide a US$20-million loan to…
When equity and debt markets freeze up, cash-hungry mine developers are forced to find alternate financing options. And that means business is looking good for those in the precious metal streaming and royalty game.Big-time players like Royal…
In the grand scheme of things Canada isn’t known as a great power in the iron ore business, but a group of forward-thinking mining companies have come together with the Canadian National Railway (CNR-T, CNI-N) to explore igniting a true…
It may not be the best time to be in the molybdenum business, as aspiring U.S.-based producer General Moly (GMO-T, GMO-X) finds itself coping with rising costs at its flagship Mt. Hope development in central Nevada, in the face of weakening…
Construction of the $1.5-billion Constancia copper mine in southern Peru is a go, and Hudbay Minerals (HBM-T, HBM-N) has signed a streaming agreement with Silver Wheaton (SLW-T, SLW-N) to help foot the bill.Under the first streaming agreement…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.