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Carpathian’s RDM mine remains closed, CEO resigns

Shares of Carpathian Gold (TSX: CPN; US-OTC: CPNFF) sank 22%  to 7¢ apiece after the Toronto-based miner shuffled its management, including axing its CEO, weeks after it was forced to shutter its newly producing Riacho dos Machados…





Toronto Stock Exchange, Jan. 27-31

The Canadian market fell slightly during the week after the latest move by the U.S. Federal Reserve to cut its stimulus program by another US$10 billion per month, given signs of improvement in the U.S. economy.



Senior project geologist Chad Sorba examines core samples at Denison Mines' Wheeler River uranium project in northern Saskatchewan's Athabasca basin. Credit: Denison Mines

Denison to drill 60,000 metres in 2014

While challenging market conditions are forcing many companies to axe their exploration budgets, Denison Mines (TSX: DML; NYSE-MKT: DNN) is pumping $15 million into a 60,000-metre drill program in the Athabasca basin in 2014, marking one of its…



Conveyors move material in the processing plant at Coeur Mining's Kensington gold mine, 70 km northwest of Juneau, Alaska. Credit: Coeur Mining

Coeur’s 2014 production guidance causes concern

Coeur Mining (TSX: CDM; NYSE: CDE) has missed its 2013 silver production guidance, but delivered more gold than expected, helping it meet its silver-equivalent target. But some analysts are grumbling over the company’s…


Coal is still king in China

VANCOUVER — Shaanxi Coal Industry is preparing for its initial public offering (IPO) and expects to raise $1.6 billion by selling shares representing just 10% of the company. It’s a good reminder that coal is still big business in…



Grade-control drilling in the Harena pit at Nevsun Resources' Bisha copper-gold mine in Eritrea. Credit: Nevsun Resources

Nevsun meets its 2013 copper guidance at Bisha

The recent switch from producing gold to copper from Nevsun Resources’ (TSX: NSU; NYSE-MKT: NSU) Bisha mine in Eritrea has gone well for the East Africa-focused miner, which reached the top end of its 2013 copper-production guidance.


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