AQM and Teck re-jig Zafranal deal following long copper hits
Vancouver – The long copper hits coming out of the Zafranal project in southern Peru are starting to define a …
News
Goldgroup Mining sells El Porvenir mine
Vancouver – Goldgroup Mining (GGA-T) has sold its El Porvenir gold project in Mexico for US$25 million to the …
Mercator gets Mineral Park into game shape
Mercator Minerals’ (ML-T) continues to shape its Mineral Park mine in Arizona into one of North America’s …
Molycorp to raise US$420 M in IPO for rare earths mine
Molycorp, owner of the Mountain Pass rare earth element mine in California, is going ahead with an initial pub…
Canaco hits high-grade gold core in Tanzania
Vancouver – Canaco Resources (CAN-V) has pulled strong intercepts from its Handeni gold project in Tanzania th…
Commentary: mining execs still optimistic despite tough Q2
The following are the findings of the Mining Recruitment Group’s latest Mining Executive Outlook survey, which…
US markets bounce back over July 5-9
Markets in the United States recovered somewhat during the July 5-9 trading period amidst positive news about …
Agnico opens Meadowbank
MEADOWBANK, NUNAVUT — Once all the speakers presented at Agnico-Eagle Mine’s (AEM-T, AEM-N) Meadowbank gold mine opening ceremony, attendee Rick Olsen, a contractor based out of nearby Baker Lake, leaned over and said “People don’t realize…
Fjordland, Cariboo shift Woodjam
HORSEFLY, B.C. — There is little for a geologist to see while driving along the dirt roads outside the town of Horsefly. The logging roads that crisscross the forests are mostly punctuated with cattle fields and clear cuts, not rock…
TORONTO STOCK EXCHANGE -June 28-July 2
Investors fearing a so-called double-dip recession were given more reason to worry over the June 28-July 2 trading period as the TSX composite index plunged 4.4%, or 511.79 points, to 11,196.06.
TSX VENTURE EXCHANGE -June 28-July 2
Canada’s birthday celebrations did little to lift the dark cloud hanging over the S&P/TSX Venture composite index over the June 28-July 2 trading period: the board lingered in positive territory f…
U.S. MARKETS -June 28-July 2
It was a slaughter for U.S. equities in the June 28-July 2 trading week as anxiety mounted about the likelihood of a double-dip recession. Further signs that economic recovery may have peaked came on …