[Update] Brigus looks to a brighter 2013
Brigus Gold (BRD-T, BRD-X) has hit its 2012 production target and is eyeing more gold production and growth in the new year.
News
Eritrea can be risky business, NGO says
Strong preventive measures against hiring forced labour are essential for mining companies with projects in Eritrea, a new report from Human Rights Watch says.
TSX gains during Jan.7-11
The S&P/TSX Composite Index rose 0.5% or 61 points during the Jan. 7–11 week to close at 12,602.18.
Commentary: The case for random alcohol testing by employers in dangerous workplaces
On Dec. 7, 2012, the Supreme Court of Canada heard argument on the subject of random alcohol testing by employers in dangerous workplaces. The case arose from a union grievance and arbitration challenging the policy of Irving Pulp & Paper…
Harry Winston sells jewelry arm to Swatch for $1 billion
VANCOUVER – Eight years after getting into the jewelry sector, Harry Winston Diamond (HW-T) is locking in its gains and getting out, selling its luxury retail unit to Switzerland’s Swatch Group in a $1-billion deal.
TSX Venture continues to climb, Jan. 7-11
VANCOUVER — The S&P TSX Venture Composite Index posted a second consecutive gain during the Jan. 7-11 trading period, rising 0.98% to 1,240.25 points for a 12.02 point weekly jump.
Investors like Guyana Goldfield’s new Aurora plan
VANCOUVER – After a first feasibility study scared investors with its steep price tag and shaky economics, Guyana Goldfields (GUY-T) took its Aurora gold project back to the drawing board.
U.S. equities remain positive, Jan. 7-11
U.S. equities remained resilient in the wake of the Jan. 2 settlement of the fiscal cliff debate, but the rally slowed slightly ahead of earning season. The Dow Jones Industrial Average gained 0.4% to close at 13,488.43, while the S&P 500…
Karnalyte scores foreign investment for Wynyard
VANCOUVER — Alberta-based Karnalyte Resources (KRN-T) received a financial boost in its drive to develop its wholly-owned Wynyard potash project — located outside the township of Wynyard, Saskatchewan — when India’s…
Gold Reach climbs on more long Ootsa intercepts
VANCOUVER – Drills continue to return long mineralized intercepts from the West Seel zone at Gold Reach Resources’ (GRV-V) Ootsa property in northwest British Columbia.
Metanor steps into the future
Make a wrong turn while driving along the streets of one of Canada’s great mining towns and you may feel you’ve gone through a portal into the past.
Canada Lithium inks off-take agreement
Two months after signing an off-take agreement with one of China’s largest commodities traders, Canada Lithium (CLQ-T) has sealed a second deal with one of Japan’s largest commodities trading companies, Marubeni Corporation.