VANCOUVER — The S&P TSX Venture Composite Index registered a second consecutive weekly decline during the shortened March 25-28 trading period, dropping 7.34 points, or 0.7%, before closing at 1,099 points.
Foran Mining (FOM-V) has bulked up resources at the McIlvenna Bay zinc-copper-gold-silver volcanogenic massive sulphide (VMS) deposit in east central Saskatchewan, with increases of 15% and 18% in indicated and inferred tonnage.
Despite a $127 million write-down of the El Chanate mine in Sonora, Mexico, Canaccord Genuity analyst Rahul Paul says he isn’t changing his investment thesis on AuRico Gold (AUQ-T, AUQ-N) and is maintaining his US$11 price target on the stock….
VANCOUVER — Nothing draws Canadian explorers quite like an emerging mineral discovery that looks to have district-scale potential, and that is proving to be the case with Fission Energy (FIS-V) and Alpha Minerals (AMW-V) Patterson Lake…
Rubicon Minerals (RMX-T, RBY-X) is applauding the Ontario Court of Appeal’s move to reverse a lower court’s 2011 decision in the Keewatin case that said the provincial government could not approve resource development in the…
VANCOUVER — In a few short months, privately held TMAC Resources has acquired a large gold project in northernmost Canada, signed a memorandum of understanding (MOU) with the Inuit association that owns the project lands, added $35…
After the forum on mining royalties organized by the Quebec government and held in Montreal on March 15, apprehension clearly remains the order of the day.
VANCOUVER — Just two weeks after announcing a permit milestone at its Kitsault molybdenum project, 140 km northeast of Prince Rupert, B.C., Vancouver-based junior Avanti Mining (AVT-V) has run into opposition from the Nisga’a Nation.
While there may be a glut of copper coming out of the world’s mines over the next four years, it won’t be too long before a supply gap opens up and widens.
Despite several mill maintenance shutdowns last year and variable ore hardness and fragmentation entering the semi-autogenous grinding mill from different open-pit locations, Copper Mountain Mining (CUM-T) posted a gross profit of $38.2 million…
VANCOUVER — Vancouver-based copper producer Capstone Mining (CS-T) is one of the good news stories among the mid-tier base metals producers.
Labrador Iron Mines (LIM-T) is expecting to receive $30 million from a subsidiary of India’s Tata Steel, as part of an alliance it recently entered to create cost synergies in the Labrador Trough region, where the two companies operate…
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