Metals, mning, stocks and money markets
Spot pricesCourtesy of ScotiabankTuesday, September 18, 2012Precious MetalsPrice…
Volume 98 Number 32 Sep 24 - 30, 2012
Hart gives Liberty a ray of hope
Less than two weeks after Timmins, Ont.-focused Liberty Mines (LBE-T) suspended production because of declining nickel prices, it posted a positive preliminary economic assessment (PEA) for its Hart nickel deposit.
Noront hopes to soar with Eagle’s Nest
Toronto-based Noront Resources (NOT-V) is banking on a newly published feasibility study at its advanced-stage Eagle’s Nest polymetallic nickel-sulphide deposit — which also includes copper, platinum, palladium and gold — to…
The case for phosphate, Quebec and Arianne
When Michael Goldberg of Stonecap Securities looks at Arianne Resources (DAN-V) and its phosphate project in northern Quebec, he sees one thing: a takeover target.
Brigus expands underground ops at Black Fox
After turning the corner at its Black Fox gold mine east of Timmins, Ont., earlier this year, Halifax-based Brigus Gold (BRD-T, BRD-X) has followed up with a solid operational second quarter that saw costs decline and gold production rise.
Osisko fine-tunes Canadian Malartic
Osisko Mining (OSK-T) continues to improve the performance of its Canadian Malartic gold mine in Malartic, Que., achieving record production levels once again in August.
Northern Gold takes more land around Garrison
Northern Gold Mining (NGM-V) is adding to its hefty land position in northeastern Ontario.
Lake Shore closes $90M financing
Lake Shore Gold (LSG-T, LSG-X) has completed a $90-million public offering to strengthen its balance sheet, which was previously in “bad shape,” Haywood Securities analyst Kerry Smith says.
Red Lake performance is a priority, Goldcorp says
Goldcorp’s (G-T, GG-N) difficulties in the first half of the year at its flagship Red Lake operations in northwestern Ontario — including adverse ground conditions in the High Grade zone, and lower-than-expected grades in other…
Editorial: MAC pitches transparency, free trade
For Mining Association of Canada (MAC) president and CEO Pierre Gratton, the future of the nation’s mining industry lies in clear-cut regulatory reform, and in cultivating global free-trade arrangements geared towards expediting the flow…
Pretium cuts Brucejack resource
Shareholders of Pretium Resources(PVG-T, PVG-N) have seen the total resources at the company’s Brucejack gold-silver project in northern B.C. whittled down after it published a revised resource estimate for one of the project’s…
Great Basin’s great descent
Great Basin Gold (GBG-T, GBG-X) continues to tumble under a delisting review by the Toronto Stock Exchange, following the market response to the company suspending its Burnstone gold mine in South Africa.