Imperial balances start-up and cleanup
Imperial Metals (TSX: III; US-OTC: IPMLF) has estimated cleanup costs related to the early August tailings dam failure at its Mount Polley mine at $67.4 million — less than many analysts had expected.
Silver
Continental Gold beats the odds in Colombia
Toronto-based explorer Continental Gold (TSX: CNL; US-OTC: CGOOF) is closer to developing a commercial-scale underground gold-silver mine in northwestern Colombia, with at least one analyst cheering on the progress.
Scorpio and US Silver & Gold prepare to merge
VANCOUVER — Scorpio Mining (TSX: SPM; US-OTC: SMNPF) and U.S. Silver & Gold (TSX: USA; US-OTC: USGIF) plan to join their businesses in a merger of equals that could create a leading junior silver producer in the Americas.
TSX stays strong, Nov. 17-21
The S&P/TSX Composite Index gained for the sixth straight week, moving up 286.03 points to 15,111.13. The S&P/TSX Global Gold Index added 5.67 points to 153.41, while the S&P/TSX Capped Diversified Metals & Mining Index climbed…
US stocks march up, Nov. 10-14
U.S. equities are up for the fourth straight week. The Dow Jones Industrial Average advanced 60.81 points to 17,634.74, while the S&P 500 Index rose 7.9 points to a record high of 2,039.82. The Nasdaq Composite Index climbed 56.01 points to…
Foran’s positive PEA at McIlvenna Bay
Foran Mining (TSXV: FOM) has touched a milestone at its flagship McIlvenna Bay project in east-central Saskatchewan, with the completion of a promising preliminary economic assessment (PEA) on the zinc-copper-gold-silver volcanogenic massive…
Tahoe set to expand Escobal
VANCOUVER — Tahoe Resources (TSX: THO; NYSE: TAHO) has expanded resources and tabled an updated feasibility study at its high-grade Escobal silver mine in southeast Guatemala, setting the stage for expanded silver production…
Raymond James’ top silver picks
Given the plunge in silver and gold prices, Raymond James analysts are urging investors to stick with quality names, in terms of assets, balance sheets and management.
Primero misses Q3 expectations on impairment charge
Primero Mining’s (TSX: P; NYSE: PPP) quarterly earnings took a hit after it wrote down the goodwill value of the acquisition of Brigus Gold.
Canadian Zinc fine-tunes its plan at Prairie Creek
VANCOUVER — It’s a tough market for juniors with development-stage assets, and that’s especially true for Canadian Zinc (TSX: CZN; US-OTC: CZICF) and its Prairie Creek polymetallic project, 500 km west of Yellowknife in…
Editorial: Precious metal prices collapse as QE3 ends
It’s been another grim day for precious metal enthusiasts as we go to press, with gold prices sinking to US$1,144 an oz., silver at US$15.45 an oz., platinum at US$1,208 an oz. and palladium plumbing US$756 an oz.
TSX advances, Oct. 20-24
The S&P/TSX Composite Index ended the trading week in positive territory, jumping 316 points to 14,543.82, but the gold and diversified miners didn’t follow the upward trend. The S&P/TSX Global Gold Index dipped 3 points to…