Capstone ends Q1 in the red
Copper producer Capstone Mining (TSX: CS; US-OTC: CSFFF) widens its loss in the first quarter of 2015 due to impairments at the Pinto Valley mine in Arizona and the Minto mine in the Yukon.
News
Sirius pushes Nova towards production in Australia
VANCOUVER — It’s been two and a half years since Mark Bennett, managing director and CEO of Australian-explorer Sirius Resources (ASX: SIR; US-OTC: SRQUF), struggled to keep his 5¢-per-share company above water.
TSX Venture loses ground, April 20-24
The S&P/TSX Venture Composite took a step back during the trading sessions, losing 5.23 points en route to a 697.62-point weekly close. Losses were underpinned by falling commodity futures, as manufacturing in China declined to a 52-week…
Wall Street gains, April 20-24
U.S. equities swung back into the positive territory. The Dow Jones Industrial Average increased 1.4% to 18,080.14 points and the S&P 500 Index added 1.8% to 2,117.69. The Nasdaq rose 3.2% to 5,092.08. The gold price, however, fell US$15.30…
Editorial: Not all pleased with Ring of Fire sale
The final week of April saw the closing of Noront Resources’ acquisition of Cliffs Natural Resources’ chromite assets in northern Ontario’s Ring of Fire region. The deal saw a last-minute bump-up in the price to US$27.5…
Suppliers news: Sonic Drilling president awarded for innovation
Canadian engineer Ray Roussy has accepted an award from the International Mining Technology Hall of Fame for developing sonic drilling technology.
Suppliers news: RTG hires Lycopodium, Knight Piesold to work on Mabilo feasibility study
Australian junior RTG Mining (TSX: RTG) has tasked Lycopodium (ASX: LYL) and Knight Piesold help finish the feasibility study on its Mabilo copper-gold project.
Suppliers news: Atlas Copco raises $31,000 for Water for All
The U.S. division of Swedish equipment manufacturer Atlas Copco has raised US$31,000 in individual and company-matched contributions for its employee-led Water for All charity organization. The company raised the funds during a three-day annual…
Kivalliq, Roughrider see promise outside the Athabasca
VANCOUVER — Excitement is building over uranium deposits outside the prolific Athabasca basin. And joint-venture partners Kivalliq Energy (TSXV: KIV; US-OTC: KVLQF) and Roughrider Exploration (TSXV: REL) are hoping to add to a growing…
Commentary: The shifting liability landscape for Canadian miners abroad
Two recent lawsuits brought in B.C. by foreign plaintiffs against two Canadian mining companies for alleged human rights abuses abroad have raised the stakes for mining projects in foreign jurisdictions.
Perseus highlights its potential in West Africa
Junior gold miner Perseus Mining (TSX: PRU; ASX: PRU) has made three positive announcements, pleasing investors, who drove the stock up nearly 30% in recent days.
TSX posts modest gain, April 20-24
Solid corporate earnings pushed global equity markets higher and Canada’s main stock index was no exception, gaining 0.3% to finish at 15,408.33. The S&P/TSX Global Mining Index climbed 3.63% to 66.61, and the S&P/TSX Capped…