Gran Colombia builds up Marmato
Gran Colombia Gold (GCM-T) has made a significant boost to its resources at its Marmato project in Colombia, even if it did cost a bit of grade to do so.
News
Iamgold to sell Quimsacocha
Shares of INV Metals (INV-T) surged 46% to 16¢ on news the Toronto-based company plans to acquire the Quimsacocha gold project in Ecuador from Iamgold (IMT-T) in a move it hopes will take it from a junior exploration company to an…
Capstone’s Minto will live to produce through 2022
VANCOUVER — A lot has changed since Vancouver-based producer Capstone Mining (CS-T) kick-started production at its Minto open-pit copper mine 240-km-north of Whitehorse in 2007. At the time the mine had an eight-year life and a throughput…
Short Position Report
TSX Short Positions Short positions outstanding at June 15/12 (with changes from May…
Louis Dreyfus to litigate against Baja Mining
Nearly two months after Baja Mining (BAJ-T, BAJFF-O) initially disclosed cost overruns of US$246 million at its Boleo copper-cobalt-zinc project in Baja California Sur, Mexico, one of the company’s largest shareholders, Louis Dreyfus…
Chile, Peru must meet energy challenges as mining booms
VANCOUVER — The Andean nations of Chile and Peru are firmly established as the top copper producing locales in the world. Chile holds the number one spot with annual production clocking in at roughly 4.9 million tonnes, while Peru sits in…
Edgewater secures $120M financing for Corcoesto
VANCOUVER — Edgewater Exploration (EDW-V) has secured in principle a $120 million debt financing for its flagship Corcoesto gold project in Spain as it moves the project towards production.
Semafo hits new gold zone in Niger
Taking a look at the old data has lead to a new discovery for Semafo (SMF-T).
Silver Predator’s Taylor project doesn’t disappoint
Results from the first fourteen of twenty-five drill holes from its 2012 exploration program at its flagship Taylor project in Nevada sent shares of Silver Predator (SPD-T) up 35% to 25¢ a share on 7,300 shares traded.
Banks Island looks at Red Mountain’s short-term potential
VANCOUVER — Banks Island Gold (BOZ-V) has set out the financial potential of the Red Mountain project in northern British Columbia that it recently optioned into.
Venture down in June 11-15 period
VANCOUVER — The S&P TSX Venture Composite Index dropped 41.91 points after four days of losses outweighed one day of gains in the June 11-15 period, ending at 1,251.02 points. Volume was also down for most of the period, but a spike…
TSX falls on weak economic data
While the TSX Composite Index was down 68 points to 11,524.90 for the June 11 to 15 period it could have been much worse.