Alexco Resource Corp

TSX moves up, Sept.14-18

Canada’s benchmark index gained ground during the week, adding 185.33 points, or 1.4%, to close at 13,646.80 points, as investors took in the U.S. Federal Reserve’s decision to keep interest rates near zero. 

An aerial view of the Lucky Queen silver project, currently under development by Alexco Resource in the Yukon. Credit: Alexco Resource

Second Keno Hill mine is key to Alexco’s plan

VANCOUVER — There are over 40 million oz. of indicated silver resource sitting alongside a modern mill at Alexco Resource’s (TSX: AXR; NYSE-MKT: AXU) historic Keno Hill property in the Yukon, but, with the price of silver struggling…

A portal at Alexco Resource's Bellekeno silver mine in the Yukon. Photo by Matthew Keevil.

Alexco shares pop on Flame & Moth results

VANCOUVER — The first half of the year was rough for shareholders of Yukon-focused silver producer Alexco Resource (TSX: AXR; NYSE-MKT: AXU) and its underground Bellekeno mine, 50 km northeast of the town of Mayo.

U.S. markets, Aug. 26-30

Concern about a possible U.S. air strike against Syria and anxiety about the timing of the U.S. Federal Reserve’s end to quantitative easing sent U.S. markets down. The Dow Jones Industrial Average fell 1.33% to 14,810.31, the S&P 500…

Toronto Stock Exchange, July 15-19

The S&P/TSX Composite Index shrugged off any talk of summer doldrums with a 170-point gain to finish the period at 12,685.13 points. The gains in Toronto came as the oil price hit a 15-month high and the Canadian dollar fell. With new data…

The mill at Bellekeno under construction in 2010 (now complete). Photo by Mike Burke.

Alexco plans potential shutdown at Bellekeno

VANCOUVER — Vancouver-based producer Alexco Resources (TSX: AXR; NYSE: AXU) is struggling with declining margins at its wholly-owned Bellekeno underground silver mine in the central Yukon. A recent and steep drop in silver prices has…

Market news: U.S. Markets

U.S. equities posted a strong week, with the Dow Jones Industrial Average closing above the 14,000 mark for the first time since October 2007, up 0.82% to 1,4009.79, and the S&P 500 Index finishing above 15,000 points for the second time in…

Inside the mill at Capstone Mining's Minto copper mine, 240 km north of Whitehorse, Yukon. Source: Capstone Mining

Yukon exploration slow but steady in 2012

VANCOUVER — Depressed equity markets, a cool spring that kept snow on the ground and floods in June that washed out major roads meant 2012 was much quieter in the Yukon than it was in 2011.

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