Clifton Star refines Duparquet gold mine plan
VANCOUVER — Clifton Star Resources (TSXV: CFO; US-OTC: CFMSF) could turn its Duparquet project in Quebec into an open-pit gold mine for $394 million, according to a new prefeasibility study.
News
U.S. markets make up for previous losses, April 14-17
U.S. markets bounced back over the holiday shortened period after two straight periods of giving up ground. A modest surprise to the upside in China’s growth domestic product drove gains for the Dow Jones Industrial Average, which…
Venture quiet in run-up to Easter, April 14-17
The S&P/TSX Venture Composite Index was quiet during the four-day week before Easter. Two days of small gains overturned two days in the red, lifting the index 1 point to 998.77. Daily trading volumes averaged 66.8 million.
Metals Commentary: What’s behind molybdenum’s dramatic price response
Molybdenum prices in Europe have risen rapidly after the World Trade Organization (WTO) confirmed that the export duties and quotas imposed by China on molybdenum are incompatible with its WTO obligations. This report concludes a dispute…
Inmet alumnus Tilk to replace Doyle as PotashCorp CEO
Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) has surprised analysts by revealing that its long-time president and CEO Bill Doyle will be replaced in July by mining veteran Jochen Tilk, who apparently has no potash or fertilizer…
Zazu, Teck ready Lik in Alaska for coming zinc boom
In April, CRU analyst Helen O’Cleary forecast that enormous deficits of zinc will emerge in 2017 and 2018.
Sandstorm axes its diversified metals and energy arm
VANCOUVER — Sandstorm Gold (TSX: SSL, NYSE-MKT: SAND) president and CEO Nolan Watson says the calls from shareholders requesting he “clean up” sister company Sandstorm Metals & Energy (TSXV: SND, US-OTC: STTYF) have…
Suppliers news: Joy Global, SRK, GE, Sandvik
Joy Global snaps up Sudbury firm
Argonaut dips despite good Q1 production results
Toronto-based Argonaut Gold (TSX: AR; US-OTC: ARNGF) reported slightly higher first-quarter production from its two gold–silver mines in northern Mexico, but that wasn’t enough to pick up the junior’s recently declining stock,…
Dalradian boosts Curraghinalt in Northern Ireland
VANCOUVER — According to CEO Patrick Anderson, explorer Dalradian Resources (TSX: DNA) has developed a “superior geological model” at its Curraghinalt lode-gold deposit 127 km west of Belfast, Northern Ireland, that is…
Rio Tinto struggles with Pilbara iron ore, Oyu Tolgoi
VANCOUVER — Despite setting production records during the first quarter, Rio Tinto (NYSE: RIO; LSE: RIO) is not off to the best start to 2014. The company struggled with bad weather at its iron-ore operations in Western Australia,…
Short Position Report
Short positions outstanding at April 15/14 (with changes from March 31/14).