Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, July 15 2014Precious MetalsPrice…
Volume 100 Number 23 Jul 21 - 27, 2014
Dundee initiates coverage of Athabasca Minerals
Production at Athabasca Minerals’ (TSXV: ABM; US-OTC: ABCAF) Firebag silica sand project in northern Alberta could ramp up in late 2016 and early 2017 — perfect timing to capitalize on growing frac sand demand in North…
Cayden three for three at El Barqueo
Cayden Resources (TSXV: CYD; US-OTC: CDKNF) keeps hitting gold at its El Barqueno project in Jalisco state, Mexico, coming up with its third discovery at the project in July.
Cerro Quema shines for Pershimco in Panama
A newly tabled prefeasibility study of Pershimco Resources’ (TSXV: PRO; US-OTC: RSPRF) Cerro Quema gold project in southern Panama outlines a low-cost, open-pit operation generating 78,500 oz. gold a year over five years, with production…
Merrex Gold and Iamgold report ‘game-changing’ discovery at Siribaya
What was until recently characterized as “a strong gold geochemical anomaly” at the Siribaya gold project in Mali is now “a significant new gold discovery with multiple zones of gold mineralization,” according to…
Primero gets to work on Black Fox underground
VANCOUVER — After snapping up Brigus Gold and its Black Fox mine for $220 million in late 2013, Primero Mining (TSX: P; NYSE: PPP) pledged it would turn operations around and realize the project’s dormant underground potential….
Fipke sells Ekati stakes to Dominion
VANCOUVER — More than two decades after his prospecting efforts kicked off a diamond rush in Canada’s Northwest Territories, Chuck Fipke is cashing in his chips.
US Silica ups its capacity to meet growing frac sand demand
U.S. Silica Holdings (NYSE: SLCA), like many other U.S.-based frac sand miners, is boosting its production capacity to meet the growing demand for this special type of sand used in oil and gas drilling.
London Silver Fix sees revamp
CME Group and Thomson Reuters have been chosen to deliver a new silver price mechanism to replace the London Silver Fix — a system that has been in place for over a century to set the daily benchmark price for silver.