VANCOUVER — Recent torrential rainfall in the Atacama desert in northern Chile has affected global copper markets. The prolific region hosts major mines, and the recent weather has triggered operational closures that have driven prices…
U.S. stocks rose for a second straight week. The Dow Jones Industrial Average advanced 294.41 points to 18,057.65 and the S&P 500 Index gained 35.1 points to finish at 2,102.06. Both indexes were up 1.7%. The Nasdaq Composite rose 2.2% to…
Salman Partners’ senior analyst Raymond Goldie has upgraded Mountain Province Diamonds (TSX: MPV; NASDAQ: MDM) from a “buy” to a “top pick,” after the junior reiterated it is on track and on budget to start…
VANCOUVER — Premier Gold Mines (TSX: PG; US-OTC: PIRGF) is hoping to follow in the footsteps of some major Canadian success stories in the gold space. And the company has gotten closer to reaching that goal with a…
On April 7 armed robbers stole 900 kilograms of gold-rich concentrate containing 7,000 oz. gold from McEwen Mining’s (TSX: MUX; NYSE: MUX) El Gallo 1 mine in Sinaloa, Mexico. At US$1,200 per oz. gold, the thieves made off with over…
When Klondex Mines (TSX: KDX; US-OTC: KLNDF) bought the Midas gold-silver mine in Nevada from Newmont Mining (NYSE: NEM) in early 2014, Newmont had penciled in March 2015 as the date the underground operation would reach the end of its mine…
VANCOUVER — Kaizen Discovery (TSXV: KZD; US-OTC: CCNCF) is about to kick-start exploration for sediment-hosted copper deposits at its Coppermine project, 5 km south of the community of Kugluktuk, Nunavut.
Roxgold (TSXV: ROG; US-OTC: ROGFF) has kicked off construction at its high-grade Yaramoko gold project in southwestern Burkina Faso, with an aim of starting production in the second quarter of 2016.
VANCOUVER — Denver-based Newmont Mining (NYSE: NEM) is poised to open up a new gold district at its Long Canyon project along the eastern flank of the Pequop Mountains in northeastern Nevada. The U.S. Bureau of Land Management (BLM)…
Two of Boart Longyear’s (US-OTC: BOARF; ASX: BLY) drilling teams have hit impressive safety streaks.
A slight rally in oil prices and reports of encouraging employment data in Canada helped lift Canada’s benchmark index. The S&P/TSX Composite Index advanced 2.4% to 15,388.43, while the S&P/TSX Capped Diversified Metals &…
Inspection, verification, testing and certification services firm SGS has announced that its laboratory in Ankara, Turkey has been recognized by the International Accreditation Service for meeting the requirements for specific registered tests…
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