News

Rockwell’s revenue up 31%

Rockwell Diamonds (TSX: RDI) has seen some improvements in the first quarter of its fiscal 2014, after refocusing on its Middle Orange River diamond projects in South Africa’s Northern Cape province, with revenue soaring 31% to US$6.6…


The view from a hill looking towards True Gold Mining's Goulagou II deposit at the Karma gold project in Burkina Faso. True Gold Mining

Equity-royalty deal lands True Gold a cool $23.5M

VANCOUVER — Money may be tight right now, but True Gold Mining (TSXV: TGM) is demonstrating that there is funding available for companies with advanced projects that are willing to be a bit creative.


Facilities at MBAC Fertilizer's Itafos Arraias phosphate project in Brazil. Source: MBAC Fertilizer

MBAC Fertilizer’s production milestone

MBAC Fertilizer (TSX: MBC; US-OTC: MBCFF) has started producing single super phosphate (SSP) powder at its Itafos Arraias project in central-northern Brazil — an area the government is calling the country’s new agricultural frontier.




Brigus’ Grey Fox scores a higher grade

VANCOUVER — Halifax-based producer Brigus Gold (TSX: BRD; NYSE-Amex: BRD) is expanding the footprint of its Grey Fox gold discovery in northern Ontario, with an updated resource estimate on July 3 pointing to potential for underground…


In Williams Lake, B.C., on July 22, 2013, anti-mine protestors march to the opening of the federal review public hearing for Taseko MInes' proposed New Prosperity copper-gold mine. Photo By Gwen Preston.

Editorial: Prosperity’s temerity

I visited Taseko Mines’ Gibraltar mine north of Williams Lake, B.C., in 2008. The company bought the shuttered operation in 1998 and restarted it in 2004. Four expansions later, Gibraltar now employs 700 people, churns out 90 million lb….


Toronto Stock Exchange, July 15-19

The S&P/TSX Composite Index shrugged off any talk of summer doldrums with a 170-point gain to finish the period at 12,685.13 points. The gains in Toronto came as the oil price hit a 15-month high and the Canadian dollar fell. With new data…


Grinding equipment at EMED Mining's Rio Tinto copper mine, 65 km northwest of Seville, Spain. Source: EMED Mining

EMED aims to lock down Rio Tinto production target

VANCOUVER — It has been a lengthy process for junior EMED Mining (TSX: EMD; LSE: EMED) at the historic Rio Tinto copper mine, 65 km northwest of Seville, Spain. The company has dealt with permitting delays and volatile copper prices, but…



U.S. markets, July 15-19

It was a news-filled week in the U.S., with Detroit filing the largest municipal bankruptcy in the country’s history, better-than-expected second quarter corporate earnings and reassuring comments from Federal Reserve Chairman Ben…


First Majestic's Del Toro project in Zacatecas, Mexico. Source: First Majestic Silver

First Majestic’s ‘bittersweet’ second quarter

VANCOUVER — Based on pure production metrics, First Majestic Silver (TSX: FR; NYSE: AG) has a lot to celebrate about its second quarter. But the significant drop in silver prices during the period put a damper on the miner’s…


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