Goldcorp remains on target at lonore
VANCOUVER — Goldcorp’s (G-T, GG-N) new Éléonore gold mine under construction in northern Quebec’s James Bay region is a cornerstone of the company’s four-year expansion of operations worldwide.
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Venture edges up in July 16-20 period
VANCOUVER — The S&P TSX Venture Composite Index climbed 9.23 points in the July 16-20 period to end at 1,196.19 points after three days of gains outweighed two days of losses. Volume would have increased noticeably were it not for a…
Northair finds more to draw on from La Cigarra
International Northair Mines (INM-V) continues to pull stellar core out of its La Cigarra silver project in Mexico.
TSX moves up during the July 16-20 week
The S&P/TSX Composite Index gained for four straight sessions during the July 16-20 trading week, before dipping on July 20 to end at 11,622.91 points, up 108.38 points from where it began.
U.S. equities manage small gain, July 16-20
Wall Street enjoyed a three-day winning streak and ended the July 16-20 trading week in positive territory despite sobering news on Friday that Spain’s indebted region of Valencia had asked the central government for financial aid,…
Short position reports
TSX Short Positions Short positions outstanding at July 15/12 (with changes from June…
Maudore, Roxgold enter the octagon with dissident shareholders
Frustrated resource investors are resorting to proxy battles as share prices languish, with Maudore Minerals (MAO-V) and Roxgold (ROG-V) only two of the latest juniors to see shareholder revolts. The two have ample company, as investors blame…
Papua New Guinea scaring off miners
Aldridge Minerals (AGM-V) has added its name to a growing list of mining companies leaving or looking to leave Papua New Guinea (PNG).The company will abandon its Kili Teke gold-copper property in the country now that its licence renewal…
Semafo stumbles on Mana expansion update
Montreal-based gold producer Semafo (SMF-T) found out how punishing markets can be these days when the company released long-awaited exploration results at its Mana gold mine 200 km west of Ouagadougou, Burkina Faso. Originally expected early…
Cline hit hard by falling coal demand, suspends New Elk ops
Global economic woes stemming from the Euro crisis and slowing industrial activity in some of the world’s largest economies are taking a toll on coal producers, with Toronto-based developer Cline Mining (CMK-T) halting operations at its…
Metals commentary: PGMs could see supply shortage this year: CPM
The following is an excerpt from a summary of the CPM Group’s Platinum Group Metals Yearbook 2012 report.The annual average prices of platinum and palladium rose to multi-year highs in 2011. Platinum prices averaged US$1,722.39 per oz….
BCSC questions Barkerville’s mega resource
The British Columbia Securities Commission has raised concerns about a 10.6-million-oz. gold resource estimate that Barkerville Gold Mines (BGM-V) released on June 28.The concerns, based on a draft technical report supplied to the BCSC,…