Shares of Lake Shore Gold (LSG-T, LSG-X) rose 8¢ or 8% to $1.04 with more than three million shares changing hands after the company released high-grade drill results from 26 holes at its Fenn-Gib project, 60 km east of Timmins.
U.S. equities posted four straight days of gains during the Apr. 23-27 trading week despite lower than expected first quarter GDP growth of 2.2% (down from 3% in the fourth quarter of 2011) and renewed concerns about Spain as Standard &…
Afri-Can Marine Minerals (AFA-V) completed a sampling program last April at the EPL 3403 seabed diamond project off the coast of Namibia. The company recovered 84 diamonds, 15 of which…
As global diversified miners BHP Billiton (BHP-N, BLT-L) and Rio Tinto (RTP-N, RIO-L) look to step out of the diamond business, a third, Anglo American (AAL-L), is diving in deeper….
These are interesting times for an industry that is still recovering from the Great Recession. BHP Billiton and Rio Tinto announced in recent months that they’re looking to leave the…
The financial crisis of 2008 was the first time that many investors experienced first-hand the worst-case scenarios of investing. In response to that frightening experience, and the ongoing global financial…
When Peregrine Diamonds (PGD-T) lost BHP Billiton (BHP-N, BLT-L) as a 51% partner at Chidliak late last year, it didn’t look good for the junior. BHP’s withdrawal from the project…
In only a few years, Zimbabwe’s Marange diamond fields have transformed from a free-for-all of thousands of diamond prospectors sifting through dirt to a modernized, fenced-in area run by a…
To pay its share of initial capital costs at the $550-million Gahcho Kué diamond project, in the Northwest Territories, Mountain Province Diamonds (MPV-T, MDM-X) is planning a $47-million rights issue….
VANCOUVER — Philippines-focused Crazy Horse Resources (CZH-V) has outlined a 15-million-tonne-per-year open-pit copper operation at its Taysan project in a prefeasibility study.
VANCOUVER — Vancouver-based major Goldcorp Inc. (G-T, GG-N) stumbled out of the gate to start the year, as adverse-ground conditions and grade variability at its flagship Red Lake gold mine 230-km-northwest of Dryden, On….
VANCOUVER — The final week of April brought a hint of relief to the S&P TSX Venture Composite Index with a 14.81-point climb to 1,412.76 points after three weeks of significant losses. The slight turnaround came after the index hit a…
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