In danger of breaking a loan covenant because of a slow ramp-up at its Red Chris copper-gold mine in northwestern B.C., Imperial Metals (TSX: III; US-OTC: IPMLF) is turning once again to its largest shareholders for financial help.
Midway Gold (TSX: MDW; NYSE-MKT: MDW) has hit a rough patch, less than two months after it initiated production at its Pan gold heap-leach mine in Nevada.
A feasibility study for Sabina Gold & Silver’s (TSX: SBB; US-OTC: SGSVF) Back River gold project in Nunavut shows the project could be a large, low-cost producer that could be scaled down in order to lower capital requirements.
Just a week after Vale (NYSE: VALE) unveiled a memorandum of understanding with one of China’s largest commercial banks for financing arrangements worth up to US$4 billion, Zijin Mining Group of southern Fujian province has agreed to…
VANCOUVER — If past success is an indicator for future prosperity, Newmarket Gold (TSXV: NGN) could very well be on its way to the top. The company’s board and management roster includes a variety of industry heavy hitters with…
The S&P/TSX Venture Composite Index eked out a 4.16-point gain over the trading session to close at 695.31. The index has been stuck at late-2008 levels of 700 points and below since November.
Atico Mining’s (TSXV: ATY; US-OTC: ATCMF) El Roble underground mine is the only copper-gold volcanogenic massive sulphide (VMS) deposit in production today in Colombia and the Vancouver-based junior producer is becoming more confident by…
Hudbay Minerals (TSX: HBM; NYSE: HBM) has stayed on course with its ambitious growth plans over the last five years, bringing online three new mines, with the latest being the large Constancia copper-molybdenum-gold-silver mine in Peru.
VANCOUVER — It’s been over a year since Mario Stifano, president and CEO of Cordoba Minerals (TSXV: CDB; US-OTC: CDBMF) shared an elevator with international financer Robert Friedland and sparked the billionaire’s interest in…
If you believe, as Roy Sebag and Josh Crumb do, that the real value in gold is not holding it as an investment but using it as money, then you should check out BitGold (TSXV: XAU), the company they founded that uses an Internet-based technology…
Belo Sun Mining (TSX: BSX; US-OTC: VNNHF) got a welcome boost after Agnico Eagle Mines (TSX: AEM; NYSE: AEM) said it would buy a 17.4% interest in the junior for $15 million.
Canada’s main stock index retreated during the trading week. The S&P/TSX Composite Index fell 0.4% to 15,108.12. The S&P/TSX Capped Diversified Metals & Mining Index dropped 1.4% to 794.05, and the S&P/TSX Global Gold…
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