Volume 100 Number 31 Sep 15 - 21, 2014

A stockpile of ore from Torex Gold's Guajes gold mine in Mexico's Guerrero gold belt. Credit: Torex Gold

Torex Gold plans large, low-cost mine in Mexico

When Torex Gold Resources’ (TSX: TXG) El Limon–Guajes open-pit gold mine in Mexico’s Guerrero gold belt ramps up to full production in 2017, the company expects it will be among the largest and lowest-cost gold mines in the…



Mining personnel explore Kaminak Gold's Coffee project in the Yukon. Credit: Kaminak Gold

Kaminak discovers gold zone at Coffee

It’s been a brutal year for many companies in the mining sector, but 2014 is turning out to be pretty good for debt-free junior explorer Kaminak Gold (TSXV: KAM; US-OTC: KMKGF).


Weakness dominates TSX, Sept. 2-5

The holiday-shortened trading week saw the S&P/TSX Composite Index fall 55.81 points, or 0.4%, to 15,569.92, and the S&P/TSX Capped Diversified Metals & Mining Index drop 2.01 points, or 0.2%, to 877.98. The S&P/TSX Global Gold…


TSX Venture loses ground, Sept. 2-5

The S&P/TSX Venture Composite took a step back during the shortened trading period, as it lost 2.8%, or 29.1 points, en route to a 994.89-point weekly close. Precious metal and commodity futures were on the decline, and Statistics Canada…


US stocks march higher, Sept. 2-5

U.S. equities ended the week on a positive note, despite a weak jobs report. The Dow Jones Industrial Average rose 39 points to 17,137.36, while the S&P 500 Index added 4 points to 2,007.71. The tech-heavy Nasdaq Composite…



Correction

In the story “Rare Element sees ‘significant change’ in REE markets” (T.N.M., Sept. 8–14/14), the net present value of the Bear Lodge project was incorrectly expressed in billions instead of millions. In fact, Bear…


Levon Resources vice-president of exploration Vic Chevillon holds a core sample at the Cordero silver-zinc-lead project in Chihuahua, Mexico. Credit: Levon Resources

Levon touts ‘large-scale’ discovery in Mexico

VANCOUVER — The silver market has declined since cash-rich explorer Levon Resources (TSX: LVN; US-OTC LVNVF) last released a resource estimate at at its wholly owned Cordero silver–zinc–lead project in…


Workers load the first shipment of vanadium pentoxide from Largo Resources' Maracas mine in Brazil. Credit: Largo Resources

Largo ships first vanadium

One month after commercial production started at its high-grade Maracas vanadium mine in Brazil, Largo Resources (TSXV: LGO; US-OTC: LGORF) has turned over the first vanadium pentoxide (V2O5) to its off-take partner, Glencore (LSE: GLEN).


A drill site at Corvus Gold's North Bullfrog gold project, 15 km north of Beatty, Nevada. Credit: Corvus Gold

Corvus uncovers high-grade zone at North Bullfrog

VANCOUVER — It’s been a bountiful year for explorer Corvus Gold (TSX: KOR) at its North Bullfrog project, 15 km north of Beatty, Nev. The company is in the midst of a 20,000-metre drill program at the site, and has kept a strong…


A haul truck at Dominion Diamond's 80%-owned Ekati diamond mine in the Northwest Territories. Credit: Dominion Diamond

Dominion Diamond shines with Q2 profits of US$27M

Dominion Diamond (TSX: DDC; NYSE: DDC) says its 80%-held Ekati mine and 40%-held Diavik mine in the Northwest Territories performed “exceptionally well” in the second fiscal quarter of 2015, with rough diamond production and sales…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close