Thompson Creek piles up cash in Q3
Thompson Creek Metals (TSX: TCM; NYSE: TC) is improving its operations and balance sheet, despite ending the third quarter in the red.
2014
Two suitors court Carlisle
Just two days after the ink dried on a binding joint-venture agreement between Canadian gold miner AuRico Gold (TSX: AUQ; NYSE: AUQ; CGJ) and Carlisle Goldfields (TSX: CGJ; US-OTC: CGJCF) on the junior’s Lynn Lake project in Manitoba,…
True Gold targets first gold pour in late 2015
Vancouver-based gold junior True Gold Mining (TSXV: TGM) likes to get things done quickly.
AuRico Gold invests in Carlisle and Manitoba
For the last six months, AuRico Gold (TSX: AUQ; NYSE: AUQ) has been sizing up Carlisle Goldfields (TSX: CGJ) and its Lynn Lake gold project in Manitoba.
TSX continues winning streak, Nov. 3-7
The S&P/TSX Composite Index gained for the fourth straight week, up 77.51 points to close at 14,690.83. Gold and diversified miners both added 10 points, with the S&P/TSX Global Gold Index ending at 144.86 and the S&P/TSX Capped…
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.
U.S. indexes post third straight week of gains, Nov. 3-7
Despite weaker-than-expected U.S. job numbers and accusations by Ukraine that Russia was sending tanks and soldiers across the border into the eastern part of the country, U.S. stock indexes still posted marginal gains. The Dow Jones Industrial…
Commentary: What miners need to know about Canada’s new payment reporting law
On Oct. 23, 2014, the Government of Canada introduced its long-awaited legislation to mandate disclosure of public payments made by mining and oil & gas companies for the commercial development of oil, gas and minerals. The Extractive…
Supplier news
Horizon Conveyor to supply new UK mine
TSX Venture trades flat, Nov. 3-7
The S&P/TSX Venture Composite Index stayed near a one-year low during the trading sessions, as it posted a 0.67-point increase en route to a 770.26-point weekly close. Commodity futures also struggled although a strong Canadian jobs report…
New Gold sets stage for Rainy River mine with Bayfield deal
VANCOUVER — New Gold (TSX: NGD; NYSE-MKT: NGD) executive chairman Randall Oliphant recently reiterated the fact that its Rainy River gold asset — located 65 km northwest of Fort Frances, Ont. — is a “priority development…
Editorial: After three long years, uranium has its day
An encouraging feature of today’s mineral industry is that it’s not bad news across the board, as a few subsectors — such as diamonds and nickel — have seen strong price increases and renewed investor interest this year.