Primero eyes more production, lower costs in 2015
Primero Mining (TSX: P; NYSE: PPP) forecasts better prospects in 2015 after a troublesome 2014, when it recorded an 89% drop in adjusted profit, despite meeting its full-year production guidance.
Canada
Sandstorm to scoop up Gold Royalties in $5.7M all-share deal
VANCOUVER — Streaming and royalty outfit Sandstorm Gold (TSX: SSL; NYSE-MKT: SAND) has been on a bit of a dealmaking tear to start the year. The company locked down 10 new royalty agreements in West Africa and Nevada, and on Feb. 18 it…
Wellgreen Platinum scales down PGM project
Wellgreen Platinum (TSX: WG; US-OTC: WGPLF) has delivered an updated preliminary economic assessment (PEA) for its Wellgreen platinum group metals and nickel deposit, in the southern Yukon, that cuts capital costs and the project’s mine…
Barrick heads ‘back to the future,’ but writedowns persist
VANCOUVER — Much of the rhetoric in Barrick Gold’s (TSX: ABX; NYSE: ABX) recent marketing drive has involved getting back to its roots and rediscovering the “lean and nimble” business model that led to the…
TerraX takes conservative approach to a forgotten greenstone belt
VANCOUVER — TerraX Minerals (TSXV: TXR; US-OTC: TRXXF) has been making slow but steady improvements to its Yellowknife City gold project, which is located along trend of the multi-million ounce Giant-Con gold deposits in the Northwest…
TSX Venture takes a step back, Feb. 17-20
The S&P/TSX Venture Composite Index lost ground during the shortened trading period, as it dropped 1.57 points before finishing at 694.94 points. Commodity futures were down across the board, with resource and industrial groups trending…
Hudbay looks forward to big returns on investment in 2015
VANCOUVER — According to Hudbay Minerals (TSX: HBM; NYSE: HBM) president and CEO David Garofalo the past year marked a “turning point” for the company that will see roughly five years of expansion and capital investment…
Editorial: Quebec rises, BC sinks in Fraser Institute survey
Once again we see politics playing one of the biggest roles in jurisdictional rankings for the Fraser Institute’s newly unveiled “Survey of Mining Companies 2014” by Taylor Jackson.
Imperial opens Red Chris in BC
VANCOUVER — Imperial Metals (TSX: III; US-OTC: IPMLF) celebrated the first production of copper concentrate on Feb. 17 at its newly built Red Chris copper-gold mine, 80 km south of Dease Lake in northwestern B.C.
Suppliers news: Hazen, Brazil Minerals, Atos
Hazen Research buys neighbour Huffman Laboratories
Integra highlights Lamaque’s exploration upside
VANCOUVER — The recent buzz around junior Integra Gold (TSXV: ICG; US-OTC: ICGQF) has mostly involved its production prospects after a mill-and-plant purchase at its Lamaque gold property in the heart of the Val-d’Or gold camp in…
TSX Venture manages slight gain, Feb. 9-13
The S&P/TSX Venture Composite Index closed in the green despite a relatively weak trading period for commodity futures, as it jumped 3.07 points en route to a 695.51-point close. According to Statistics Canada, factory sales performed…