Banks Island hits commercial production at Yellow Giant
Banks Island Gold’s (TSXV: BOZ) Yellow Giant gold-silver project is the latest mine to achieve commercial production in northwestern B.C.
Silver
Aura Minerals suspends mining at Aranzazu
Aura Minerals (TSX: ORA; US-OTC: ARMZF) has become the latest casualty of slumping commodity prices, unresponsive financing markets and fixed costs: It is suspending mining operations temporarily at its Aranzazu copper-gold-silver mine in…
TSX slips, Jan. 12-16
Despite a large one-day gain as oil prices stabilized, the S&P/TSX Composite Index lost 0.5%, or 75.53 points, to close the trading week at 14,309.41.
Facts ‘n’ figures: US Mint sells record number of Silver Eagle coins in 2014
The following is an edited report from The Silver Institute, a Washington D.C.-based non-profit industry association. For more information visit www.silverinstitute.org.
U.S. equities slip, Jan.5-9
The U.S. market fell during the week amid lower oil prices. The S&P 500 Index slipped 13.39 points to 2,044.81, while the Dow Jones Industrial Average fell 95.62 points to 17,737.37. The Nasdaq Composite closed down 22.74 points at…
Coeur buys Goldcorp’s Wharf mine for US$105M
VANCOUVER — U.S.-based gold and silver producer Coeur Mining (TSX: CDM; NYSE: CDE) is wading into the acquisition pool for the second time in as many months with an all-cash deal for Goldcorp’s (TSX: G; NYSE: GG) Wharf heap-leach…
Paramo could affect Eco Oro’s Angostura project
Eco Oro Minerals (TSX: EOM) has seen its shares climb in recent weeks, spurred by the Colombian government better defining the boundaries of an environmentally sensitive paramo ecosystem that is near the company’s Angostura…
TSX starts 2015 strong, Dec. 29-Jan. 2
Canada’s benchmark index exited the trading week in positive territory, helped by higher gold prices and mining stocks. The S&P/TSX Composite Index jumped 144.40 points to 14,753.65. It ended 2014 up 7.4% for the year, slightly below…
Silver Wheaton extends silver stream on Pascua-Lama
Given the unchanged prospects at Barrick Gold’s (TSX: ABX; NYSE: ABX) suspended Pascua-Lama gold-silver project in Chile and Argentina, Silver Wheaton (TSX: SLW; NYSE: SLW) has again amended its silver-stream agreement on the asset.
Revelo Resources courts big-name partners in Chile
VANCOUVER — It’s a new year and a new direction for junior Revelo Resources (TSXV: RVL). After a merger in late 2014 the newly minted company is aiming to leverage its exploration experience and expansive property portfolio in…
TSX surges, Dec. 15-19
A rebound in oil prices and news the U.S. Federal Reserve would take a patient approach to hiking interest rates helped Canada’s benchmark index achieve its best weekly gain in three years. The S&P/TSX Composite Index soared 736.21…
BHP spinoff South32 to launch in mid-2015
BHP Billiton’s (LSE: BLT) spinoff company will be named South32, a nod to the location of its assets in the southern hemisphere and a more cryptic salute to the location of its main offices in Australia and South Africa.