Monarques builds critical mass
Over the last 18 months, Monarques Resources (TSXV: MQR; US-OTC: MRQRF) has taken advantage of the depressed capital markets to accumulate 13 gold properties on the cheap in Val-d’Or, Que.
Canada
Integra Gold gets creative with Sigma-Lamaque
VANCOUVER — It’s not often that a junior company can get its hands on a 2,200-tonne-per-day processing facility a mere 500 metres way from its resource-stage project boundary. But that’s exactly what Integra…
Commentary: Plan Nord+ – Fresh breezes from the Belle Province
Having just recently attended the Precious Metals Summit in Beaver Creek, Colo., and the Denver Gold Show, I was pleased to see that even with dampened enthusiasm on the show floors due to the downward-trending price of gold, there was plenty…
TSX declines, Sept. 22-26
The S&P/TSX Composite Index lost 238.58 points during the trading week to end at 15,026.77. The S&P/TSX Global Gold Index stayed relatively flat at 170.72 points, while the spot price for gold added US$3.20 per oz. to US$1,219.40. The…
TSX Venture loses more ground, Sept. 22-26
The S&P/TSX Venture Composite had another rough week during the trading period after it lost 4.43%, or 42.30 points, en route to a 912.76-point close. Commodity futures struggled, while markets responded to reports out of China that…
Hudbay opens two mines
Hudbay Minerals’ Lalor and Reed mines officially opened on Sept. 16 in Manitoba.
Iamgold to sell Niobec mine
President and CEO Steve Letwin of Iamgold (TSX: IMG; NYSE: IAG) told the Denver Gold Forum that he is confident the company can soon sell its Niobec mine in Quebec for $500 million after taxes.
Quebec government invests $2M in Arianne Phosphate
The Quebec government — through Investissement Québec — is investing $2 million to become a shareholder in Arianne Phosphate (TSXV: DAN; US-OTC: DRRSF) and its Lac à Paul deposit, one of the largest greenfield…
Eastmain’s Eau Claire deposit grows in lonore’s shadow
BEAVER CREEK, COLORADO — Eastmain Resources (TSX: ER; US-OTC: EANRF) is confident that its Eau Claire deposit will become the second gold mine in Quebec’s James Bay region, following Goldcorp’s (TSX: G; NYSE: GG) nearly built…
Denison builds up Wheeler River’s potential as Gryphon expands
VANCOUVER — Ongoing exploration success by Denison Mines (TSX: DML; NYSE-MKT: DNN) at its 60%-owned Wheeler River asset along the eastern edge of Saskatchewan’s Athabasca basin is hinting at good near-term development…
Goldcorp’s lonore to pour first gold in Q4
By year-end, Goldcorp (TSX: G; NYSE: GG) will pour first gold from Éléonore — its first mine in Quebec.
RB Energy proposes sale of iodine mine, $80M financing
At press time in late September, shares in fledgling lithium miner RB Energy (TSX: RBI; US-OTC: RBEIF) had fallen by half since it proposed a $78-million to $88-million financing in mid-September.