Grenville Thomas takes aim with North Arrow Minerals
He’s been in the business for 56 years. He was integral in developing Canada’s diamond sector. He has been named Prospector of the Year by the Prospectors and Developers Association…
2013
Rio Tinto to stay in the diamond business
Rio Tinto (RIO-N, RIO-L) announced in June that it will hang onto its diamond assets after all, concluding a strategic review of the business that the miner began in March…
Orezone issues paper for cash
Orezone Gold (TSX: ORE) has more money for its company coffers as it managed to raise another $5 million by issuing more equity.
Kirkland Lake sells Macassa royalty to Franco-Nevada
VANCOUVER — Royalty and metal streaming agreements have risen to prominence over the past few years, and Ontario-based Kirkland Lake Gold (TSX: KGI; LON: KGI) opted to get in on the action on Oct. 29, when it inked a royalty agreement…
Editorial: Mexico, the great hope… for higher taxes on mining
If there’s been one consistent refrain in Canadian mining circles this millennium, it’s been mining personnel — from top executives to scruffy field geologists — singing the praises of Mexico and its rich mineral…
Allied Nevada gets back on track
After a rough second quarter slashed its stock price, Allied Nevada Gold (TSX: ANV; NYSE-MKT: ANV) could make the year’s biggest comeback.
Randgold’s Bristow defies Kibali ‘skeptics’
Those who questioned the wisdom of building the Kibali gold mine in the Democratic Republic of the Congo (DRC) were mistaken, Randgold Resources’ (LSE: RRS; US-OTC: GOLD) CEO Mark Bristow declared at a media briefing in Kinshasa in…
Red Eagle closes in on production at San Ramon
VANCOUVER — Things are coming together for Vancouver-based junior Red Eagle Mining (TSXV: RD) at its wholly owned San Ramon gold deposit in Antioquia, Colombia.
TSX Venture Exchange, Oct. 21-25
The S&P/TSX Venture Composite Index jumped 2.4%, or 22.61 points, before closing out the period at 973.58. Precious-metal futures rose, while energy and base-metal prices remained relatively static. Markets were bolstered by strong earnings…
Metals, mining and money markets
Spot prices Courtesy of Scotiabank Tuesday, October 29, 2013 Precious Metals Price (US$/oz.) Change Gold $1,346.75 35 Silver $22.31 0.25 Platinum $1,443.00 18 Palladium $741.00 -4 Base…
Northern Vertex mines Moss
BULLHEAD CITY, ARIZONA — Sometimes an old project just needs a new perspective. For the Moss gold-silver mine project in northwestern Arizona, that new perspective arrived two and a half years ago when Northern Vertex Mining (TSXV: NEE)…
Real tears of joy for Crocodile
Crocodile Gold (TSX: CRK; US-OTC: CROCF) investors are soaking up the good news. The Toronto-based miner boosted its 2013 production guidance on the back of higher-than-expected gold production in the third quarter. Given consistent output…