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Market news: U.S. markets

The theme for the period was competing forces, as an upbeat report on U.S. jobless claims weighed against no progress in budget negotiations for the coming fiscal cliff. The tension between the two made for mixed results over the period, as the…




Dolly Varden hopes to find the next Eskay Creek

The management team at Vancouver-based Dolly Varden Silver (DV-V) had been keeping its eye on an intriguing piece of mining history in northwestern B.C.’s Stewart complex for quite some time. Both chairman John King Burns and…


Facilities at Talison Lithium's Greenbushes lithium mine in Western Australia. Source: Talison Lithium

Talison board warms to Chengdu Tianqui bid

A subsidiary of Chinese conglomer-ate Chengdu Tianqi Industry Group has raised its offer price for Talison Lithium (TLH-T) from $7.15 to $7.50 per share, and the Australian lithium producer’s board and its largest shareholder, Resource…


Drill rigs, with the Salton Sea in the background, at Teras Resources' Cahuilla gold-silver project in Imperial County, southern California. Source: Teras Resources

Teras top 1M oz. gold at Cahuilla in Cali

Calgary-based explorer Teras Resources (TRA-V) accomplished its first goal at its flagship Cahuilla gold-silver project in northwest Imperial County, California. On Nov. 30, the company pulled together historic data and results from a two-year…


Visible gold from drill hole 50 from Pilot Gold's TV Tower project in Turkey. The intercept returned 193 grams gold per tonne over 12 metres. Source: Pilot Gold

Pilot, Teck tune in to Turkish TV

Drill results from Pilot Gold’s (PLG-T) early stage joint-venture project with a Turkish subsidiary of Teck Resources (TCK-T, TCK-N) sent the junior explorer’s shares up 3% to $1.87, with 1.8 million shares changing hands.


Richmont delivers double whammy in Quebec

Richmont Mines (RIC-T, RIC-X) has found itself in a tough spot, with shares sinking to a new 52-week low after taking the Francoeur gold mine offline and scrapping its exploration efforts on the Wasamac gold property, both near…


A view of the creek running through Brixton Metals' Thorn property. Source: Brixton Metals

Brixton cuts high grades at Oban in 2012

VANCOUVER — Vancouver-based explorer Brixton Metals (BBB-V) cannot help but be excited by the silver-equivalent grades it has been cutting at its Thorn pollymetallic project 130km southwest of Atlin in northwestern British Columbia….


Workers at Stonegate Agricom's Montaro storage facility. Source: Stonegate Agricom

Paris Hills gets bigger, better for Stonegate

Stonegate Agricom (ST-T) has stepped closer to bringing its Paris Hills phosphate project in Idaho on-stream, potentially by late 2014, with a positive feasibility study outlining a bigger and better project than previously thought.


Heavy machinery at Semafo's Mana mine. Source: SEMAFO Inc

Semafo rights the ship

Semafo (SMF-T) is bouncing back from a tough third quarter which saw production dip at its key mine in West Africa.


Eldorado to raise US$600 million

In November, Eldorado Gold (ELD-T) announced plans to offer up to US$500 million in senior unsecured notes due in 2020 to help the company implement growth initiatives and augment its balance sheet. But the proposed offering was withdrawn…


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