TSX dips, April 7-11
The S&P/TSX Composite Index fell 135.41 points during the trading week to close at 14,257.69. The S&P/TSX Capped Diversified Metals & Mining Index jumped 12.55 points to 814.81. The S&P/TSX Global Gold Index slipped 1.07 points…
Volume 100 Number 10 Apr 21 - 27, 2014
TSX Venture registers small loss, April 7-11
The S&P/TSX Venture Composite Index had a mixed week before closing down 9.39 points at 997.77 points. Mid-week gains were driven by rising precious metal and energy prices, while underwhelming global economic indicators triggered…
Site visit: Ginguro tests Pardo’s paleo-placer potential
SUDBURY, ONTARIO — The Sudbury region has served up more than its fair share of intriguing economic geology over the years, and now Sudbury-based junior Ginguro Exploration (TSXV: GEG) is adding another geological puzzle to the mix in the…
Copper market headed for surplus, GFMS says
Up until the recent sell-off, there had been a prolonged run for copper prices. And the latest survey from Thomson Reuters GFMS says the recent drop in copper prices may not be a blip, but a sign of more weakness to come.
Eldorado’s Certej could be ‘platform’ into Eastern Europe
VANCOUVER — On April 7 producer Eldorado Gold (TSX: ELD; NYSE: EGO) unveiled an updated prefeasibility study (PFS) on its 80%-owned Certej gold–silver project in the Apuseni Mountains in western Romania. And though Eldorado…
Allied Nevada hits the comeback trail
Allied Nevada Gold (TSX: ANV; NYSE-MKT: ANV) has been one of the more challenged operators in the gold sector in recent years, but its latest production results show a company on the comeback trail.
Copper Mountain up 11% on record Q1 production
Vancouver-based Copper Mountain Mining (TSX: CUM) saw its shares climb after revealing record first-quarter copper production at its 75%-held Copper Mountain mine near Princeton, B.C.
Capstone ‘gets it right,’ analysts say
Mid-tier copper producer Capstone Mining (TSX: CS; US-OTC: CSFFF) impressed analysts after posting record production results for the first quarter of the year.
Perseus puts out fireat Edikan in Ghana
A fire has put operations on hold at Perseus Mining’s (TSX: PRU; US-OTC: PMNXF) Edikan processing gold plant in Ghana, but the company says things are under control.
Copper One picks up Troilus from First Quantum
VANCOUVER — Stan Bharti and his merchant banking team at Toronto-based Forbes & Manhattan appear to be on the lookout for past-producing copper assets. Roughly six months after grabbing a major share position in junior Kombat…
Chinese consortium buys Las Bambas
A Chinese consortium led by MMG, an arm of state-owned China Minmetals Group, is buying Glencore Xstrata’s (LSE: GLEN) enormous Las Bambas copper project in Peru for US$5.85 billion in cash.
Agnico Eagle joins Yamana in battle for Osisko
The fight for Osisko Mining (TSX: OSK; US-OTC: OSKFF) has heated up, with Agnico Eagle Mines (TSX: AEM; NYSE: AEM) entering the ring with Yamana Gold (TSX: YRI; NYSE: AUY) to launch a joint friendly takeover bid to beat Goldcorp’s…