Volume 99 Number 12 May 6 - 12, 2013

Passport Potash CEO Joshua Bleak (centre) with colleagues at Holbrook. Photo by John Cumming.

Passport sees potash aplenty in Arizona

Is it possible to build a potash mine right beside Arizona’s treasured Petrified Forest National Park? Vancouver-based Passport Potash (PPI-V) believes so, and has in hand a new preliminary economic assessment that’s giving it the…


Capstone buys BHP’s Pinto Valley

VANCOUVER — Most of the world’s mining majors are selling non-core assets so that they can optimize key operations, shore up earnings and cut back capital outlays. The shift follows a few years of overspending spurred by commodity…



Toronto Stock Exchange, April 22 – 26

The S&P/TSX Composite Index held onto its earlier gains during the trading week, edging up 155 points to 12,220.20. The index fell after the U.S. government reported slower growth in the country’s gross domestic product on April 26,…


TSX Venture Exchange, April 22 – 26

The S&P/TSX Venture Composite Index showed signs of recovery after a tough month, with a 2.8% — or 26.15-point jump — leading to a 965.22-point weekly close. Rising commodity prices and a stronger Canadian dollar contributed to…


U.S. markets, April 22 – 26

Investors took comfort in the fact that unemployment claims in the U.S. fell more than expected, which helped bolster all three big indexes south of the border. The Dow Jones Industrial Average was up 165 points to 14,712.55, the S&P 500…


Aldridge de-risks Yenipazar in Turkey

A nation at the crossroads of Europe and Asia measuring about 800 by 1,600 km is punching above its weight as an emerging mining jurisdiction, with operating mines owned by Inmet Mining (IMN-T), Eldorado Gold (ELD-T, EGO-N) and Alacer Gold…



Exploration equipment at Coalspur's Vista coal project in Alberta. Source: Coalspur Mines

Coalspur’s Vista project to start production in 2015

Coalspur Mines (CPT-T) believes its Vista coal project — located 2 km from a Canadian National Railway (CNR) line on the eastern edge of the Rocky Mountains in Alberta — has the potential to become one of the largest export thermal…


Old files at the past-producing Horne polymetallic mine. Source: Falco Pacific Resource Group

Falco finds gold in Horne’s old data

Falco Pacific Resource Group (FPC-V) secured the jewel of Canada’s mining history just as markets tightened. But rather than let the conditions get it down, the company wound up proving that necessity is indeed the mother of invention…



Agnico-Eagle Mines CEO Sean Boyd.

Agnico’s steady hand in choppy waters

The downturn in the gold market may be making investors anxious, but the head of one of Canada’s most prominent gold miners, Agnico-Eagle Mines (AEM-T, AEM-N), is staying as cool as a spring breeze in Nunavut.


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