VANCOUVER — Toronto-based producer Wesdome Gold Mines (TSX: WDO) enjoyed a warm reception from markets following news of underground drilling success at its wholly-owned Eagle River mine located 50 km west of Wawa, Ontario. The company is…
The S&P/TSX Venture Composite Index was back in the green during the trading sessions — following two straight weeks of losses — after posting a 2.2%, or 20.14-point gain, en route to a 940.23-point weekly close. Strong…
Higher-than-expected sales and improved realized prices for molybdenum drove up Thompson Creek Metals’ (TSX: TCM; NYSE: TC) second-quarter results, and the company expects to start up its mill at Mt. Milligan any moment.
Rio Tinto’s (NYSE: RIO; LSE: RIO) aluminum subsidiary Rio Tinto Alcan is closing its aluminum smelter in Shawinigan, Que., in two quick stages so that it can remove 100,000 tonnes per year of aluminum smelting capacity by the end of this…
VANCOUVER — It has become a game of margins for Kinross Gold (TSX: K; NYSE: KGC). A steep drop in gold prices has sent the company scrambling to identify cost-saving measures, while the ill-fated, US$7.1-billion acquisition of Red Back…
Nolan Watson — the dynamo who co-founded Sandstorm Gold (TSX: SSL; NYSE: SAND) in the depths of the financial crisis in 2008 after serving as one of the first two employees at Silver Wheaton (TSX: SLW; NYSE-MKT: SAND) and as its chief…
VANCOUVER — Another drill season is underway for partners Fission Uranium (TSXV: FCU; US-OTC: FCUUF) and Alpha Minerals (TSXV: AMW; US-OTC: ESOFF) at the fifty-fifty Patterson Lake South (PLS) joint venture located in the southern…
WHITEHORSE, YUKON — After several scorching hot years of exploration, the Yukon has cooled off.
Shares of New Millennium Iron (TSX: NML) jumped 6.17%, 14.08% and 12.70% in the three days following the Aug. 14 announcement that the junior’s joint-venture company with Tata Steel known as Tata Steel Minerals Canada, had…
Speculation that BHP Billiton (NYSE: BHP) might defer a decision on whether to proceed with the massive Jansen project in Saskatchewan after the recent collapse of one of two global potash cartels, came to an end today, with the Australian…
The break-up of one of the world’s two big potash cartels has spawned much speculation about the future of BHP Billiton’s (NYSE: BHP) Jansen project in Saskatchewan, with a report from analysts at Bank of America Merrill Lynch…
CHAPLEAU, ONT. — Play the game of word association with anyone who has heard of the small town of Chapleau, located west of Timmins in northern Ontario, and lumber, wildlife and railcars are bound to come up.
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