Aurizon shuts out Alamos
Aurizon Mines (ARZ-T, AZK-X) has rejected Alamos Gold’s (AGI-T) hostile bid, calling it “financially inadequate and opportunistic.”
News
Roundup 2013: What’s next for BC?
VANCOUVER — To kick off a conference highlighting exploration and mining in B.C., the Yukon and Alaska, the first morning at Roundup 2013 was dedicated to an overview of all things geological in the three regions. And while the details…
Province gets it right with Geoscience BC
VANCOUVER — A main thrust for the Association for Mineral Exploration British Columbia (AME BC) and its annual Mineral Exploration Roundup is continued support for public geoscience.
Atacama is hopeful at Cerro Maricunga
Atacama Pacific Gold (ATM-V) has bright prospects for its Cerro Maricunga gold project in Chile following the release of a positive preliminary economic assessment (PEA), which was welcomed by analysts. The project is in Region III, 140 km by…
Trouble at Pueblo Viejo?
Just two weeks after the Pueblo Viejo gold mine in the Dominican Republic entered commercial production in mid-January, joint-venture partners Barrick Gold (ABX-T, ABX-N) and Goldcorp (G-T, GG-N) face a potential squeezeplay from the government.
Constantine finds perfect partner for Palmer
VANCOUVER – For the last few years, the Palmer project in Alaska almost had it all: a high-grade polymetallic deposit with thick, continuous zones that could be mined using short lateral drifts to deposit ore beside a highway running to a…
Shaking it up at Klondex
Last June Klondex Mines (KDX-T) replaced its board with a new slate of directors and in September hired Paul Huet as its chief executive, a mine engineer and expert in narrow vein gold mining best known for building and permitting Great Basin…
TSX Venture manages small gain, Jan. 28-Feb. 1
VANCOUVER — The S&P TSX Venture Composite Index closed out the Jan. 28 – Feb. 1 trading period up slightly at 1,228.66 points, which equated to a 0.12% or 1.42 point gain for the week. Markets rallied on stronger-than-expect U.S. job…
More cash flows into US equities, Jan. 28-Feb. 1
U.S. equities posted another strong trading week with the Dow Jones Industrial Average closing above the 14,000 mark for the first time since October 2007 (up 0.82% to 1,4009.79) and the S&P finishing above the 15,000-point level for…
TSX tumbles, Jan.28-Feb.1
The Toronto stock market ended the trading week lower, with the S&P/TSX Composite Index losing 48 points to close at 12,768.83.
Back Forty gains grade but HudBay keeps project suspended
VANCOUVER – A new resource estimate for the Back Forty project in Michigan has boosted the deposit’s metal grades, but despite the improvement there is no work underway at the site because project operator HudBay Minerals (HBM-T)…
Roundup 2013: Teck’s Don Lindsay sees bright future for careful miners
VANCOUVER – Don Lindsay, president and CEO of Teck Resources, is a very good storyteller. As he speaks, his divergent tales weave together seamlessly and listeners are left believing every word spoken.