Rubicon Minerals advances Phoenix on two fronts
Rubicon Minerals (TSX: RMX; NYSE-MKT: RBY) has poured the first gold at its Phoenix gold project in Red Lake, Ont., and expects to complete the commissioning phase of the mill in early July.
News
Editorial: Women remain an untapped resource in mining
We’ve been receiving feedback from readers and industry participants in recent weeks on the experiences of women in the Canadian mining industry.
Facts ‘n’ figures: The socio-economic benefits of gold mining
The following is an edited summary from the World Gold Council’s report The Social and Economic Impacts of Gold Mining. To see the full report please visit www.gold.org.
Letter to the editor: Women in mining a complex issue
Lesley Stokes’ commentary last week entitled “Gratitude for women pioneers” is a thoughtful insight and response to the letter published a week earlier, “Daughters: Avoid geology or mining as a career.”
US equities rise, June 15-19
U.S. stocks eked out gains, despite concerns about whether Greece would reach a deal with its lenders to avoid a default. The Dow Jones Industrial Average climbed 0.6% to 18,014.28, while the S&P 500 Index added 0.7% to 2,109.99. The Nasdaq…
MDRU sheds light on gold in the Yukon
VANCOUVER — When Underworld Resources, now Kinross Gold (TSX: K; NYSE: KGC), found the White Gold deposit in 2008 — a gold-only system near the prolific Klondike placer gold fields, 95 km south of Dawson City — it swept the…
TSX Venture closes flat, June 15-19
The S&P/TSX Venture Composite Index gained slightly during the trading period, as it jumped 1.75 points before finishing at 683.89 points. Gold futures closed in the green, while base metal and energy markets failed to generate much…
Uranium Energy drops on ‘unfounded allegations’
Uranium Energy (NYSE-MKT: UEC) shares have plunged more than 30% since a negative blog post about the company triggered an investigation by two New York-based law firms of the Texas-based firm, leaving at least one analyst baffled.
Short Position Report
TSX Short Positions Short positions outstanding at June 15/15 (with changes from May…
Facts ‘n’ Figures: Mine finance off to ‘poor start’ in 2015, SNL finds
SNL Metals & Mining has carried out some valuable number crunching on mine financing by regions from 2013 through the first quarter of 2015 that shows miners are off to a “poor start” in 2015, though Canadian companies and projects are…
West Kirkland CEO talks development plans at Hasbrouck
VANCOUVER — The path to production is coming into focus for West Kirkland Mining (TSXV: WKM; US-OTC: WKLDF) at its Hasbrouck gold project near the town of Tonopah, Nev. The company is hoping to use a two-stage development strategy that…
TSX slumps, June 8-12
Renewed concerns over a potential Greek debt default and its effect on the euro pushed down Canada’s benchmark index. The S&P/TSX Composite Index fell 1.4% to 14,741.15. The S&P/TSX Global Gold Index dropped 3.2% to end at 154.27…