Volume 99 Number 7 Apr 1 - 7, 2013

Mercator Minerals' Mineral Park copper-molybdenum mine in northwestern Arizona. Source: Mercator Minerals

Mercator eyes better days ahead

Mercator Minerals (ML-T) had a difficult year in 2012, but one that ended with improved operations and a stronger balance sheet, despite taking a US$119.8-million writedown on its El Creston molybdenum-copper project in Mexico’s Sonora…


Rubicon cheers Ontario decision

Rubicon Minerals (RMX-T, RBY-X) is applauding the Ontario Court of Appeal’s move to reverse a lower court’s 2011 decision in the Keewatin case that said the provincial government could not approve resource development in the…


Where do miners go from here?

The shift from “quantity to returns” has led to numerous headaches for miners, causing project delays, hefty writedowns and CEO departures, while companies tackle escalating costs that have caught up with the rising commodity…


A ball mill at Endeavour Silver's Bolanitos silver mine in Guanajuato state, Mexico. Source: Endeavour Silver

Endeavour reports record earnings, output

VANCOUVER — A day after announcing record earnings in 2012, Endeavour Silver (EXK-N) inked a deal to sell bonus concentrate from its overachieving Bolanitos silver-gold mine to local Mexican smelters, in a move that positions the producer…


Toronto Stock Exchange, March 18-22

Toronto’s resource-heavy index retreated during the week, with concerns running rampant over Cyprus’ financial state. The S&P/TSX Composite Index fell 0.6%, or 73 points, to 12,757.35, as the Cypriot government struggled to…



U.S. Markets, March 18-22

U.S. markets were recovering at press time after a sluggish period. Troubled Cyprus alarmed investors, with the week ending on fears that contagion would ensue if the country wasn’t bailed out by the European Union.


Hope Bay springs eternal for TMAC

VANCOUVER — In a few short months, privately held TMAC Resources has acquired a large gold project in northernmost Canada, signed a memorandum of understanding (MOU) with the Inuit association that owns the project lands, added $35…






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