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Queensland’s new coal royalties upset miners

Australia’s biggest miners say the Queensland government’s move to hike royalties on coal operations will cause more job losses and project cancellations in the troubled sector.


TSX Venture surges Sept. 10-14

VANCOUVER — The S&P TSX Venture Composite Index rose 41.4 points or 3.24% to close near 52-week highs at 1,318.1 points during the Sept. 10-14 trading sessions. An announcement by U.S. Federal Reserve chairman Ben Bernanke on a third…


TSX catches the QE3 wave

The next round of quantitative easing (QE) finally came and it was good news for commodity prices and the commodity heavy TSX Composite Index, which grew by 242 points to 12,499.47 points for the Sept. 10-14 period.


US stocks up on QE3, Sept. 10-14 week

U.S. stocks gained for a second consecutive week, pushing the Standard & Poor’s 500 Index up to the highest level since December 2007, as the U.S. Federal Reserve unleashed a third round of quantitative easing, or QE3, to prop up the…


An aerial view of a drill pad at Torex Gold Resources' Morelos project in Mexico. Photo by Torex Gold Resources

Torex plans 2015 start-up for Morelos

Torex Gold Resources (TXG-T) shares saw heavy trading after the company released a bankable feasibility study for its Morelos project in Mexico’s prolific Guerrero gold belt, as well as more drill results from the project’s…



The discovery hole marker at NuLegacy's Red Hill gold project in Nevada. Photo by Ian Bickis

NuLegacy gets in line on Nevada’s Cortez trend

A little over two decades ago Roger Steininger made a major gold discovery in Nevada by bucking conventional wisdom. Today he’s trying to do it again.Steininger has found himself chief operations officer and a director at Nevada-focused…


TSX Venture Exchange

The TSX Venture Exchange collected itself and resumed its forward march. After falling four straight days the week before, the holiday shortened period saw the index climb 31 points to 1,276.71 points, on the back of renewed enthusiasm for…


Midas Gold director John Wakeford looks at core at the Golden Meadows gold project in Idaho. Photo by Midas Gold

Midas’ golden dreams for Golden Meadows

Midas Gold (MAX-T) has outlined a positive preliminary economic assessment (PEA) for its Golden Meadows gold project in Idaho, 153 km northeast of Boise.“It’s a very mining-friendly jurisdiction,” Stephen Quin,…


Paramount grows resource at San Miguel

Paramount Gold and Silver (PZG-T, PZG-X) has bulked-up its Mexican resources in a serious way. The company released an updated resource estimate for its wholly owned San Miguel project in the country, boosting indicated gold resources by 547%,…


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