Mines Management reaches milestone at Montanore
It’s taken more than a decade, but Mines Management (TSX: MGT; NYSE-MKT: MGN) could be on the brink of pushing its Montanore project in northwestern Montana past the permitting finishing line.
News
Federal budget 2015 offers up a few tidbits for miners
VANCOUVER — On April 21, Canadian Minister of Finance Joe Oliver tabled the country’s annual federal budget, wherein the Conservative government achieved a $1.4-billion surplus that fulfills the promise of balanced books made…
Yamana aims to expand Canadian footprint with $17.5M bid for Mega Precious
VANCOUVER — Producer Yamana Gold (TSX: YRI; NYSE: AUY) is hoping to step up its presence in Canada with a $17.5-million cash and share agreement for explorer Mega Precious Metals (TSXV: MGP) and its 338 sq. km Monument Bay gold-tungsten…
Collapsing under debt, NA Palladium seeks a buyer
North American Palladium (TSX: PDL; US-OTC: PALDF) is facing the consequences of a potential loan default, which could transfer 98% of the company and ownership of the Lac des Îles (LDI) palladium mine, near Thunder Bay, Ont., to its…
UBC’s MDRU celebrates 25th anniversary
VANCOUVER — The Mineral Deposit Research Unit (MDRU) at the University of British Columbia (UBC) held its 25th anniversary celebration in early April at the Vancouver Convention Centre, where Peter Bradshaw, cofounder and Canadian Mining…
Metals commentary: Worldsteel predicts slow growth ahead
The following is an edited report from the Brussels-based World Steel Assosciation entitled Short Range Outlook for 2015 and 2016. For more information, please visit www.worldsteel.org
Teck posts lower Q1 earnings, slashes dividend
Teck Resources (TSX: TCK.B; NYSE:TCK) cut its semiannual dividend and posted lower-than-expected first-quarter earnings, as the slump in commodity prices continued.
Foran finds promising results at the Hanson Lake camp
Foran Mining (TSXV: FOM; US-OTC: FMCXF) has wrapped up the first round of drilling this year on two deposits near its flagship McIlvenna Bay project in Saskatchewan’s Hanson Lake camp, to see if it could delineate more resources near the…
Editorial: What would Google do?
Innovation has become a hot topic in the mining industry once again. A report on the current state of innovation, by the Prospectors & Developers Association of Canada (PDAC) and Monitor Deloitte, is due out in the next few weeks. In April…
Mega Precious hits regional targets at Monument Bay
VANCOUVER — Explorer Mega Precious Metals (TSXV: MGP) is sitting on a multi-million ounce gold-tungsten deposit at its Monument Bay project, and it sees a lot more upside across the 338 sq. km property, 340 km southeast of Thompson, Man….
U.S. stocks hit ‘wall of worry’, April 13-17
After two weeks of gains, the Dow Jones Industrial Average and S&P 500 Index ended moderately lower due to concerns about Greece’s debt negotiations, mixed U.S. corporate earnings and warnings by regulators in China about excessive…
TSX Venture finishes in the green, April 13-17
The S&P/TSX Venture Composite Index rallied during the trading sessions, gaining 3.97 points en route to a 702.85-point weekly close. Statistics Canada reported that the consumer price index gained 0.4% last month, after a 0.2% jump in…