News

TSX Venture declines, June 22-26

The S&P/TSX Venture Composite Index closed in the red during the trading period, as the Greek debt crisis took a toll on markets and energy futures lost ground. In addition to falling oil prices, Canadian traders reacted to policy…





Molycorp's Mountain Pass rare earth element mine, as seen in 2011. Mountain Pass is located on the south flank of the Clark Mountain Range in southeastern California. Photo by Trish Saywell

Molycorp strikes restructuring deal with creditors

In the first quarter of 2015, Molycorp (NYSE: MCP) reported higher production volumes from its Mountain Pass rare earth facility in California, and yet posted negative cash flow from operating activities of US$73 million and a loss attributable…




Drill core at Pure Gold Mining's Madsen gold project in Ontario's prolific Red Lake gold district. Credit: Pure Gold Mining.

Pure Gold advances exploration at Madsen

Pure Gold Mining (TSXV: PGM; US-OTC: LRTNF) has started a mid-year exploration program at its Madsen gold project in Ontario’s prolific Red Lake gold district, after encouraging results from its 5,000-metre drill program.



A drill site at Argonaut Gold's Magino gold project, 40 km northeast of Wawa, Ontario. Source: Argonaut Gold

Land deal with Richmont brings Argonaut drill success

About 2 km away from where Richmont Mines (TSX: RIC; NYSE-MKT: RIC) is producing gold from its Island gold mine, and exploring for more at its Island gold deep development project, Argonaut Gold (TSX: AR; US-OTC: ARNGF) is advancing its…




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