WPC aims to bring Lupin back online
WPC Resources (TSXV: WPQ) — soon to be named Lupin Gold Corp. — plans to bring the past-producing Lupin gold mine online, while also advancing the nearby Ulu gold property.
Volume 101 Number 13 May 11 - 17, 2015
TSX retreats, April 27-May 1
Mediocre earnings and data showing a stagnant gross domestic product sent the S&P/TSX Composite Index down 0.5% to 15,339.77. Mining indexes, however, were in positive territory, with the S&P/TSX Capped Diversified Metals & Mining…
U.S. stocks drop, April 27-May 1
U.S. equities fell after being tripped up by soft economic data. The Dow Jones Industrial Average lost 56.08 points to 18,024.06, and the S&P 500 Index slipped 9.4 points to 2,108.29. The Nasdaq retreated 86.69 points to…
Eastmain resource turns heads
When RBC Capital Markets recently screened for undeveloped open-pit gold projects in North America with a resource of more than 500,000 oz. gold in the measured and indicated category and a grade of greater than 1.5 grams gold per tonne, it…
TMAC targets production at Hope Bay in late 2016
A recent prefeasibility study shows privately held firm TMAC Resources’ Hope Bay gold project in Nunavut has what it takes to be a low-cost, long-life underground operation, with first production starting as early as 2016.
Columbus Gold to launch $20M program
Over the next year, Columbus Gold (TSXV: CGT; US-OTC: CBGDF), a small junior with a market cap of just $64 million, will oversee $20 million invested in exploration and development at its two gold projects, Paul Isnard in French Guiana and…
BC Survey’s ‘red line’ a game changer for explorers
VANCOUVER — Geologists Jeff Kyba and Joanne Nelson from the B.C. Geological Survey may have unlocked the secret to world-class porphyry- and intrusion-related gold-copper deposits in northwestern B.C.
TSX Venture finishes in the green, April 27-May 1
The S&P/TSX Venture Composite Index returned to positive territory during the trading period, jumping 1.81 points en route to a 699.43-point close. Canada’s GDP stayed static, and struggling oil markets were offset by gains in…
Lundin shares jump following ‘spectacular’ first quarter
VANCOUVER — Lundin Mining (TSX: LUN; US-OTC: LUNMF) has been on the acquisitions trail for the past two years, and its aggressive strategy paid off in a big way during the first quarter. The company reported record copper and nickel…
Northern Empire rises again with an eye on Alaskan gold
VANCOUVER — The management team at Northern Empire Resources (TSXV: NM; US-OTC: PSPGF) believe it’s an opportune time to get back into the project-generation game, and that the early stage Richardson gold project in Alaska’s…
Redstar Gold drills the Aleutian Islands
If you ask Redstar Gold (TSXV: RGC; US-OTC: RGCTF) for comparables to the mineralization at its Unga gold project in Alaska’s Aleutian Islands, the management team will tell you that it is similar to the high-grade, low-sulphidation…
Editorial: BC gov’t solves Arctos conundrum
One of the more contentious showdowns in B.C. in recent years between a First Nation and a mine developer has been neatly diffused by the B.C. government, which has swept in with $18.3 million to buy Fortune Minerals’ Arctos high-quality…