Luciano Branco’s long and soul-destroying battle with insurance firms AIG and Zurich has finally reached some satisfaction in the courts, with a Saskatoon judge awarding the injured Portuguese-Canadian welder $450,000 in aggravated…
Coalspur Mines (CPT-T, CPL-A) believes its Vista coal project situated about 2 km from a Canadian National (CN) Rail line in Alberta has the potential to become one of the largest export thermal coal mines in North America.
In 1911 the first bar of gold in Ontario’s Kirkland Lake gold camp was poured at the Tough-Oakes mine. One century and 42.5 million oz. gold later, a group of friends met for coffee and decided to make a bronze plaque to commemorate the…
As many in the mining sector are well aware, junior mining companies are having a harder time accessing capital markets for financing. Even when they are able to get their hands on some money, the financing comes with more onerous terms than…
Teranga Gold (TGZ-T), which has been producing gold from its Sabodala open-pit gold mine in the Senegal since March 2009, has agreed to amend its stability agreement with the government to increase the royalty rate on production to 5% from 3%,…
It was a bumpy ride for the resource-heavy TSX during the trading week as the gold price tumbled.
The S&P/TSX Venture Composite Index followed commodities downward during the trading period, dropping 1.8%, or 19.24 points, en route to a 1,022.61-point weekly close.
U.S. equity indexes rose four days in a row, with the Dow Jones Industrial Average and the S&P 500 posting new closing highs on April 11.
Spot pricesCourtesy of ScotiabankTuesday, April 6, 2013Precious MetalsPrice…
VANCOUVER — Sandspring Resources’ (SSP-V) Toroparu gold project in Guyana is sporting strengthened economics after a prefeasibility study lowered anticipated capital costs and increased gold recoveries, compared to the previous…
Tahoe Resources’ (THO-T, TAHO-N) investors have something to cheer about, as the company received the final mining licence for its high-grade Escobal silver deposit in southeast Guatemala — clearing a key hurdle in getting its…
VANCOUVER — Things are rolling along for Vancouver-based Nevada Copper (NCU-T) at its development-stage Pumpkin Hollow iron oxide-copper-gold project, 13 km southeast of the picturesque town of Yerington, Nev.
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