Lake Shore Gold’s (LSG-T) shares plunged to a new low, a day after the company reported lower-than-expected gold grades for the second quarter, along with a year-long mill expansion delay and a reduced full-year production target.
Vancouver — Soltoro (SOL-V) has released several high-grade silver hits from the newly discovered Soledad zone at its El Rayo silver project in central Mexico, one week after reporting a bulk-tonnage resource estimate on the project.
Carpathian Gold (CPN-T) has received a big credibility boost from Barrick Gold (ABX-T, ABX-N) after the major gold miner agreed to purchase $20-million worth of the junior’s shares for an approximate 9% interest.
Vancouver – The S&P Venture Exchange Index climbed again in the July 11 -15 period, up 22.57 points to cross the 2,000-point threshold for the first time in over a month and end at 2,007.38 points. Volume averaged out to 91.7 million shares…
The S&P/TSX Composite Index fell 72.16 points to 13,299.54 during the July 11-15 period as worries over U.S. and European debt grew. During the week, the U.S. Federal Reserve said it was not ready to stimulate the economy, while eight…
While fears of an American default amidst a political deadlock on raising the debt ceiling was good news for gold, which hit new highs, the effect on the U.S. markets was less positive.
After betting US$7.1 billion last year on the expansion potential of Red Back Mining’s Tasiast gold mine in Mauritania, Kinross Gold’s (K-T, KGC-N) chief executive Tye Burt has said his company’s buying spree has come to an end for a…
Peregrine Metals (PGM-T) saw its shares surge more than 250%, after U.S. platinum miner Stillwater Mining (SWC-N) agreed to pay US$487.1 million for the junior and its large undeveloped copper-gold project in Argentina.
Concept is slowly becoming reality at First Point Minerals’ (FPX-V) unusual nickel project in central B.C., with encouraging metallurgical results giving the company its latest boost.
Philip Crabb says he “isn’t fazed by the current opinion of uranium,” and would, if asked, probably urge critics of the nuclear industry to take a trip to China if they needed any convincing that nuclear energy is the way to go.
The eroding foundations of the global economic system dominated much of the world’s business news in the first week of July.
In the cover story of The Northern Miner’s June 27-July 3, 2011 issue, staff writer Anthony Vaccaro describes Trelawney Mining and Exploration’s activity on its newly discovered Côté Lake gold deposit in the southwestern Abitibi…
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