Fresnillo, MAG bolster Juanicipio resource with new zone
VANCOUVER — A new mineralization body underneath the known silver zone could add years of mine life to the planned underground operation at the Juanicipio project in Mexico.
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Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, June 3 2014 Precious MetalsPrice…
Edgewater spins out Ghanaian gold into Pinecrest
VANCOUVER — Several months ago junior Edgewater Exploration (TSXV: EDW; US-OTC: EDWZF) was hit with a permitting delay at its flagship Corcoesto gold project, 35 km southwest of the port city of La Coruna in Spain. Edgewater had been…
Govind Friedland to IPO GoviEx Uranium
GoviEx Uranium has filed a prospectus for an initial public offering with the securities commissions of Ontario and British Columbia and plans to use the net proceeds to pay for environmental and social impact assessments, as well as a pilot…
US stocks finish strong, May 27-30
U.S. equities ended the holiday-shortened trading week in positive territory.
Bill Bennett, MABC on state of the industry in BC
VANCOUVER — With the annual B.C. Mining Week wrapping up in May there was significant discussion on the state of the industry in the province, including the announcement of more funding for Geoscience B.C. from the Liberal government…
Rye Patch touts Nevada’s Oreana Trend
VANCOUVER — A year ago explorer Rye Patch Gold (TSXV: RPM; US-OTC: RPMGF) scored a chunk of cash and a net smelter return royalty (NSR) thanks to some savvy staking around Coeur Mining’s (TSX: CDM; NYSE: CDE) Rochester…
Commentary: Copper price rises on supply worries
These are interesting times for copper investors. Concerns on the supply side, questions over sustained demand due to sluggish global economic growth and a forward curve that defies the normal contango situation are some of the major issues…
Miners drag down TSX, May 26-30
It was a tough week for the Toronto Stock Exchange. The S&P/TSX Composite Index dropped 103.94 points, or 0.71%, to end the trading week at 14,604.16, while the S&P/TSX Capped Diversified Metals & Mining Index fell 33.82 points, or…
Editorial: Ring of Fire funding – A Wynne-win?
In a rare turn, mining has emerged as an issue in a provincial election campaign in Ontario: the ruling Liberal party is promising to unilaterally pump up to $1 billion into infrastructure development in the remote Ring of Fire chromite camp in…
Barrick inks deal with locals at Pascua-Lama
VANCOUVER — In the first step of what would be a long road to reconciliation, Barrick Gold (TSX: ABX; NYSE: ABX) has signed an initial agreement with most of the indigenous groups in Chile that oppose the company’s suspended…
Rio Tinto’s US$20B iron ore mine plan in Guinea
VANCOUVER — A decade after mega-miner Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) was awarded the world-class Simandou iron-ore concessions in Guinea, West Africa, it looks like the stage has been set for what would be the largest…