ScoZinc plans low-cost, open-pit zinc mine near Halifax
ScoZinc Mining (TSXV: SZM) has released the results of a preliminary feasibility study (PFS) on its wholly owned and permitted Scotia mine project, 62 km northeast of Halifax. The study…
ScoZinc Mining Ltd
TSX Venture dips, Jan. 6-10: K92, ScoZinc, Eloro
The S&P/TSX Venture Composite Index fell 0.87% to 582.35. Spot gold moved higher to US$1,562.10 per oz., up US$9.80 per ounce. Shares of K92 Mining rose 20¢ to $3.20 on…
TSX Venture edges down, Oct. 10-14
The S&P/TSX Venture Composite Index saw its third straight week of declines, falling 7.78 points to a 773.02-point close, as the market prepares for an interest rate hike in December….
The geology underlying the quest for minerals on Canada’s East Coast
VANCOUVER — The geology of eastern Canada largely owes itself to a series of events that began 480 million years ago, when the Iapetus Ocean (analogous to today’s Atlantic Ocean) closed…
TSX Venture returns to positive territory, Jan. 19-23
The S&P/TSX Venture Composite bounced back during the trading period, as it gained 1.6%, or 10.87 points, en route to a 678.18-point close. Miners benefitted from higher gold futures prices, while markets welcomed a wave of stimulus…
TSX Venture retreats for second week, Sept. 8-12
The S&P/TSX Venture Composite trended downward for a second straight week during the trading period, losing 6.96 points en route to a 987.93-point close. Commodity futures struggled during weekly trading, with the energy sector pressured by…
Selwyn to sell ScoZinc for $17.5M
Selwyn Resources (TSXV: SWN; US-OTC: SWNLF) has agreed to sell its main asset — the ScoZinc mine, mill and related properties in Nova Scotia — for $17.5 million to a private company named Scotian Zinc Mines.
TSX Venture Exchange, Jan. 6-10
The S&P/TSX Venture Composite Index closed in the green for a second straight week to start the year, as it jumped 2.3% — or 21.83 points during trading — en route to a 966.55-point close. Commodity futures were relatively…
Selwyn shareholders turf entire board
VANCOUVER – Selwyn Resources’ (SWN-T) management and board did everything they could to convince investors they had shareholders’ interests at heart, but in the end it wasn’t enough.
TSX Venture Exchange, June 10-14
The S&P/TSX Venture Composite Index lost ground for the second consecutive week during the trading period, with the exchange dropping 1.9%, or 17.83 points, en route to a 933.57-point close. The Venture lost ground early in the week on…
Selwyn’s boardroom battle hits fever pitch
VANCOUVER — A battle is brewing at Selwyn Resources (SWN-V) that pits the company’s current directors against a large dissident group that wants control not just of boardroom seats, but whether the company should even continue as a…
Dissident shareholder takes on Selwyn Resources
Souring markets and commodity prices are making it tough on just about everyone in the mining industry and proxy fights are becoming just another part of the landscape.