Banks Island hits commercial production at Yellow Giant
Banks Island Gold’s (TSXV: BOZ) Yellow Giant gold-silver project is the latest mine to achieve commercial production in northwestern B.C.
Volume 100 Number 50 Jan 26 - Feb 1, 2015
Integra’s Sigma purchase a game changer at Lamaque
VANCOUVER — According to Integra Gold (TSXV: ICG; US-OTC: ICGQF) president and CEO Stephen de Jong, his company’s recent acquisition of the 2,200-tonne-per-day Sigma mine and mill complex for $7 million brings a “better…
TSX Venture in the red, Jan. 12-16
The S&P/TSX Venture Composite struggled under the weight of multi-year low crude oil prices during the trading period, as it lost 2.9%, or 19.9 points, en route to a 667.31-point weekly close. Bloomberg data indicates that U.S.-based…
First Nickel slashes jobs at Lockerby mine
First Nickel (TSX: FNI; US-OTC: FNKLF) is cutting 109 jobs at its Lockerby nickel-copper mine in Ontario’s Sudbury basin, as part of a restructuring plan to lower costs, resume exploration and extend the mine’s life.
U.S. equity indexes post losses, Jan. 12-16
News that consumer sentiment in the U.S. reached an 11-year high, along with optimistic comments from the International Energy Agency that “signs are mounting that the tide will turn” for oil prices, helped U.S. equities rally…
Commentary: The Peel watershed decision’s broader implications
This past December, the Yukon Supreme Court handed down an important aboriginal law ruling that has implications for future mining operations in the Yukon. In The First Nation of Nacho Nyak Dun v. Yukon (Government of), 2014 YKSC 69, Yukon…
Is Osisko Gold charting a new course for Falco?
Falco Resources (TSXV: FPC) is the only junior to control the last of the large Abitibi mining camps not owned by a major gold producer and Osisko Gold Royalties (TSX: OR; US-OTC: OKSKF) is a key partner and shareholder, owning just over 11% of…
Seabridge proves permits still attainable for big BC mines
VANCOUVER — It’s shaping up to be a big year for Seabridge Gold (TSX: SEA; NYSE: SA) at its large-scale Kerr-Sulphurets-Mitchell (KSM) gold-copper project, 65 km northwest of Stewart, B.C. In late December the company received a…
Sabina pushes permitting forward at Back River
Sabina Gold & Silver (TSX: SBB) expects to submit a final environmental impact statement (EIS) on its Back River gold project in southwestern Nunavut by mid-year.
Detour gains 7% after achieving 2014 guidance
Detour Gold (TSX: DGC; US-OTC: DRGDF) has started the year off on the right foot. It shares rose 7% after it reported hitting its 2014 operating targets and provided a conservative guidance for 2015.
Aura Minerals suspends mining at Aranzazu
Aura Minerals (TSX: ORA; US-OTC: ARMZF) has become the latest casualty of slumping commodity prices, unresponsive financing markets and fixed costs: It is suspending mining operations temporarily at its Aranzazu copper-gold-silver mine in…
Goldcorp bids $526M for Probe Mines
Goldcorp (TSX: G; NYSE: GG) is acquiring gold junior Probe Mines (TSXV: PRB; US-OTC: PROBF) in a friendly all-share deal worth $526 million.