A recent prefeasibility study (PFS) on Seabridge Gold’s (SEA-T, SA-X) Courageous Lake project in Canada’s far north suggests the project is viable at current gold prices, but notes more work can be done to lift prospects.
The global economic downturn is hitting Teck Resources (TCK.B-T, TCK-N). Canada’s biggest diversified miner is suffering from weaker coal and copper prices as the Chinese growth story loses steam.
Seabridge Gold’s (SEA-T, SA-X) Courageous Lake project in Canada’s Far North is economic at current gold prices based on a prefeasibility study (PFS) released on July 24, however, the project’s prospects appear dim at the…
VANCOUVER — Goldcorp’s (G-T, GG-N) new Éléonore gold mine under construction in northern Quebec’s James Bay region is a cornerstone of the company’s four-year expansion of operations worldwide.
VANCOUVER — The S&P TSX Venture Composite Index climbed 9.23 points in the July 16-20 period to end at 1,196.19 points after three days of gains outweighed two days of losses. Volume would have increased noticeably were it not for a…
The following is an excerpt from a summary of the CPM Group’s Platinum Group Metals Yearbook 2012 report.The annual average prices of platinum and palladium rose to multi-year highs in 2011. Platinum prices averaged US$1,722.39 per oz….
SPOT PRICESCourtesy of ScotiaBankTuesday, July 10, 2012 Precious MetalsPrice…
TSX Short Positions Short positions outstanding at July 15/12 (with changes from June…
From Sept. 8–9 in Toronto, 10 women representing Women in Mining will participate in the Weekend to End Women’s Cancers benefiting the Princess Margaret Hospital Foundation.The weekend event is part of the “Believe It!”…
Bannerman Resources — Mason Hills retired as a director; Ian Burvill appointed a director.Brazil Resources — Victor Jamarillo appointed technical director; Paulo Espellet appointed senior geologist.Forsys Metals — Rowen…
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date July 16 July 13 July 12 July 11 July 10 US$ in C 1.0157 1.0151 1.0214 1.0195 1.0203 …
A day after Goldcorp (G-T, GG-N) cut its 2012 production guidance, the company saw its share price take a hit.In Toronto on July 11, Goldcorp shares approached a 52-week low of $32.52. They fell $3.74, or 10% to $33.89, on 6.1 million shares…
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