News


Venture slides, June 23-27

The S&P/TSX Venture Composite Index ended the week down 3.4 points at 1,022.97. But the close kept the index within the higher range it has enjoyed since February, when it reattained the 1,000-point mark after trading below this level for…



Mining personnel at Pretium Resources' Brucejack  gold-silver project in British Columbia. Credit: Pretium Resources

Pretium updates Brucejack feasibility

Pretium Resources’ (TSX: PVG; NYSE: PVG) revised feasibility study for its Brucejack gold–silver project in B.C. shows the deposit is economical, even at low gold prices.


A drill site at Avala Resources' Timok gold project in Serbia, 270 km southeast of Belgrade. Credit:  Avala Resources

Avala’s open-pit mine plan for Timok in Serbia

VANCOUVER — Serbia has received attention lately as an under-explored jurisdiction for copper porphyry targets, but for junior Avala Resources (TSXV: AVZ) the story is all about gold. To this end, the company has just tabled an…


TSX hits record high, June 16-20

Canada’s benchmark index gained for the third straight week. The S&P/TSX Composite Index climbed 107.36 points to finish the week at 15,108.97, before reaching an all-time closing high of 15,112.22 points a day earlier.


Hudbay Minerals Rosemont copper project in Arizona. Credit: Hudbay Minerals

Augusta says yes to sweetened Hudbay takeover

VANCOUVER — After a drawn-out takeover battle that tested proposed new regulations on the tenure of shareholder rights plans in B.C., Augusta Resource (TSX: AZC; NYSE-MKT: AZC) has agreed to a sweetened takeover bid from Hudbay Minerals…




Alacer Gold's Copler gold mine in east-central Turkey, 120 km southwest of the city of Erzincan. Credit: Alacer Gold

Alacer plans sulphide expansion at Copler

VANCOUVER — For US$660 million Alacer Gold (TSX: ASR; US-OTC: ALIAF) could add a sulphide circuit to its heap-leach Copler (“Çöpler” in Turkish) gold mine in Turkey, an expansion that should pay for itself in the…




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