Mt. Milligan produces first concentrate
VANCOUVER — Thompson Creek Metals’ (TSX: TCM; NYSE: TC) $1.5-billion investment is about to pay off: the Mount Milligan mine is now producing copper-gold concentrate.
Gold
Hochschild ties up loose ends with IMZ acquisition
With its proposed acquisition of International Minerals (TSX: IMZ), Hochschild Mining (LSE: HOC; US-OTC: HCHDF) will increase its ownership from 60% to 100% in two of its precious metal assets in southern Peru: the Pallancata…
Gold Standard’s drills continue to hit at Railroad
VANCOUVER — Nevada-focused explorer Gold Standard Ventures (TSXV: GSV; NYSE-MKT: GSV) is showing that a promising gold project can still attract financing in these difficult markets.
Corvus rallies on Bullfrog drill results
VANCOUVER — Good news has been rolling in for explorer Corvus Gold (TSX: KOR) at its wholly owned North Bullfrog gold-silver project, 10 km north of Beatty, Nev. Corvus started a 20,000-metre drill program at the project in mid-May, after…
OceanaGold to buy Pacific Rim
OceanaGold (TSX: OGC; US-OTC: OGDCF) is banking on bringing its recent success in the Philippines to El Salvador.
Nautilus soars on arbitration award
The verdict has arrived much to the joy of investors.
Seabridge finds more high-grade core zones at KSM
VANCOUVER — Seabridge Gold’s (TSX: SEA; NYSE: SA) KSM project encompasses four deposits that contain 38 million oz. gold and 10 billion lb. copper. But mines for deposits that big are usually expensive to build and operate, and KSM…
Production is right around the corner for Marlin Gold
It’s not every day that you come across a junior that is on the brink of production and generating cash within four to six months, whose largest shareholder is a hedge fund with an 80% ownership stake, whose management team is headed by…
U.S. markets, Sept. 23-27
The major U.S. indexes slipped, with the Dow Jones Industrial Average retreating 192.85 points to 15,258.24, putting an end to three weeks of gains. The S&P 500 Index fell 18.16 points to 1,691.75; the Philadelphia Gold and Silver Index…
Toronto Stock Exchange, Sept. 23-27
Positive economic data out of China firmed up commodity prices and took the resource-heavy S&P/TSX Composite Index higher. The Index was up 33 points for the period, finishing at 12,844 points.
Correction
The story “Detour Lake drilling yields new gold structure” (T.N.M., Sept. 23–29/13) incorrectly identified BMO Capital Markets analyst Brian Quast as the author of a research note which was, in fact, authored by BMO Capital…
Gold Fields buys three Barrick mines in the Yilgarn
VANCOUVER — Australia has become Gold Fields’ (NYSE: GFI; JSE: GFI) most important region, expected to produce 42% of its gold now that the company has closed a deal to buy three mines from Barrick Gold (TSX: ABX; NYSE: ABX).