Rockwell recovers 100+ct. diamonds
Shares of Rockwell Diamonds (TSX: RDI; US-OTC: RDIAF) climbed after the company found four diamonds weighing more than 100 carats each from its Middle Orange River projects in South Africa’s Northern Cape province.
Volume 99 Number 35 Oct 14 - 20, 2013
Bellhaven rolls out PEA results at La Mina
VANCOUVER — It has been a busy year for Colombia-focused junior Bellhaven Copper & Gold (TSXV: BHV; US-OTC: BHVCF) at its wholly controlled La Mina porphyry gold-copper project in the Middle Cauca volcanic-plutonic belt, 45 km…
Commentary: Surveying the landscape of Ontario’s new mining regime
In Ontario, the new and amended regulations under the Mining Act described in our legal update in September 2012 have since come into force, and Ontario has developed four policies relating to Aboriginal consultation that further clarify the…
Toronto Stock Exchange, Sept. 30-Oct. 4
The S&P/TSX Composite Index ended the week in negative territory as the dispute over the U.S. federal budget and debt ceiling rattled investors. The index plunged 85.4 points to 12,758.65. The S&P/TSX Global Gold Index dropped 6.8…
U.S. markets, Sept. 30-Oct.4
The partial shutdown of the U.S. government did not affect markets the way many prognosticators had predicted. The period saw Democrats and Republicans fail to reach a budget deal, but the Dow Jones Industrial Average was only down 177 points…
TSX Venture Exchange, Sept. 30-Oct. 4
The S&P/TSX Venture Composite Index stayed in the green on the back of late gains during trading, jumping 2.5 points before closing out the week at 955.36 points. Markets were buoyed by rising commodity prices later in the week, though…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, October 8, 2013 Precious MetalsPrice…
Alexco shares pop on Flame & Moth results
VANCOUVER — The first half of the year was rough for shareholders of Yukon-focused silver producer Alexco Resource (TSX: AXR; NYSE-MKT: AXU) and its underground Bellekeno mine, 50 km northeast of the town of Mayo.
Mt. Milligan produces first concentrate
VANCOUVER — Thompson Creek Metals’ (TSX: TCM; NYSE: TC) $1.5-billion investment is about to pay off: the Mount Milligan mine is now producing copper-gold concentrate.
Positive PEA for Colonial Coal’s Huguenot
VANCOUVER — The Huguenot project in northeastern B.C. could become a metallurgical coal operation, according to a preliminary economic assessment (PEA) from project owner Colonial Coal International (TSXV: CAD).
Fortune’s ability to develop Arctos remains in question
VANCOUVER — Finding a solution to an outstanding dispute with the Tahltan First Nation in northwestern B.C. isn’t a new task for Ontario-based Fortune Minerals (TSE: FT), but it is proving to be a serious barrier as the…
McEwen Mining improves Los Azules’ economics
VANCOUVER — It has been nearly three years since McEwen Mining’s (TSX: MUX, NYSE: MUX) wholly owned Los Azules copper porphyry project in the cordillera region of San Juan, Argentina, was put through the rigours of an economic…