A recent preliminary economic assessment (PEA) for Sabina Gold & Silver’s (SBB-T) Back River has sketched a favourable prospect, highlighting high grades and lower-than-expected start-up costs for the gold project in…
The first week of June was a watershed moment in U.S. politics that will likely spill over into how the greenback and gold are valued. On June 5, public-sector unions suffered a major defeat at the ballot box in lefty Wisconsin, of all places…
Investors are hardly in the mood for risk.And when risk appetite wanes, the “principal-agent” issue rises to the forefront, pushing investors to favour cash in their own hands rather than it being left at the disposal of company…
Cline Mining (CMK-T) is suing the B.C. government for $500 million in compensation for the coal licences it lost when the government banned mining in the Flathead valley.The B.C. government made the surprise announcement in February 2010 that…
Alexis Minerals (AMC-T) is looking to redeem itself by restarting the Snow Lake gold mine in Manitoba, with the help of a conditional financing.Credit Suisse has agreed to provide the junior US$45 million to revive the past-producing mine…
GTA Resources (GTA-V) caught the market’s attention in one fell swoop earlier this year with drill results from its aptly named Northshore project on the north shore of Lake Superior.
Balmoral Resources’ (BAR-V) hunt for a third elephant in close proximity to the Detour Gold mine and the Canadian Malartic mine continues with its latest assays results.
Stornoway Diamond’s (SWY-T) maiden resource for the Q1-4 kimberlite on its Qilalugaq diamond project in Nunavut did little to boost its lately sagging share price.
VANCOUVER — The S&P TSX Venture Composite Index was virtually unchanged in the June 4-8 period, ending up a little over a point at 1,292.93 points. Volume also saw little change, in line with recent weeks at an average of 69 million…
The number of mine development projects where capital costs are spiralling upwards from their study numbers has increased more than any time I can recall in my 30-plus years of worldwide experience in the development-side of the industry. This…
Toronto Stock Exchange
SPOT PRICESCourtesy of ScotiaBankTuesday, June 1, 2012 Precious MetalsPrice…
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