Copper

Two drill rigs target the South Wall zone at Constantine Metal Resources' Palmer copper-zinc project in southeast Alaska.  Credit: Constantine Metal Resources

Constantine starts season at Palmer with nice hit

VANCOUVER — The second hole of the season at Constantine Metal Resources’ (TSXV: CEM; US-OTC: CNSNF) Palmer project in southeast Alaska has returned a high-grade copper–zinc intercept from 150 metres below the defined…


A haul truck at Teck Resources' Fording River coal mine in southeastern British Columbia. Credit: Teck Resources

Low coal prices cut into Teck’s profits

VANCOUVER — Teck Resources’ (TSX: TCK.B; NYSE: TCK) second quarter profit fell to $72 million, down more than 70% compared to the same quarter last year because of low metallurgical coal prices.






The view from Panoro Minerals' Cotabambas copper project in Peru, 50 km southwest of Cuzco. Credit: Panoro Minerals

Panoro could get snapped up, Laurentian says

Panoro Minerals (TSXV: PML; US-OTC: POROF) has completed a $5.8-million equity financing of 13.8 million shares at 42¢ underwritten by Laurentian Bank Securities and National Bank Financial. The money will help further exploration work at…



Construction at the Pimenton mine in Chile. In the second quarter of 2014, Pimenton produced 2,643 ounces of gold, up from 2,558 ounces of gold in the first quarter of the year, while cash costs fell from US$919 per oz. to US$778 per oz. Credit: Cerro Grande Mining

Cerro Grande cuts costs at Pimenton

At the end of January, the Toronto Stock Exchange launched a delisting review of Cerro Grande Mining (TSX: CEG; US-OTC: CEGMF) to determine whether the junior could keep a $2-million market value for 30 straight trading days.



TSX takes a break, June 30-July 4

Trading on the Toronto Stock Exchange was on the downbeat during the Canada Day shortened week, with the S&P/TSX Composite Index losing nearly 69 points to finish at 15,214.96.  The spot price for gold retreated US$7.91 per oz. to…



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