Diamond stocks stronger than ever: analyst Des Kilalea
Fresh off RBC Capital Markets’ 8th annual diamond conference, held in March in Toronto, Diamonds in Canada interviewed RBC mining analyst Des Kilalea in late March. Kilalea discussed the state…
United States
Capstone ends Q1 in the red
Copper producer Capstone Mining (TSX: CS; US-OTC: CSFFF) widens its loss in the first quarter of 2015 due to impairments at the Pinto Valley mine in Arizona and the Minto mine in the Yukon.
Suppliers news: Atlas Copco raises $31,000 for Water for All
The U.S. division of Swedish equipment manufacturer Atlas Copco has raised US$31,000 in individual and company-matched contributions for its employee-led Water for All charity organization. The company raised the funds during a three-day annual…
Mines Management reaches milestone at Montanore
It’s taken more than a decade, but Mines Management (TSX: MGT; NYSE-MKT: MGN) could be on the brink of pushing its Montanore project in northwestern Montana past the permitting finishing line.
Premier to be ‘next major gold miner,’CEO Downie says
VANCOUVER — Premier Gold Mines (TSX: PG; US-OTC: PIRGF) is hoping to follow in the footsteps of some major Canadian success stories in the gold space. And the company has gotten closer to reaching that goal with a…
Wall Street marches higher, April 6-10
U.S. stocks rose for a second straight week. The Dow Jones Industrial Average advanced 294.41 points to 18,057.65 and the S&P 500 Index gained 35.1 points to finish at 2,102.06. Both indexes were up 1.7%. The Nasdaq Composite rose 2.2% to…
Suppliers news: Superior Industries to take over Clemro Western
Superior Industries, a major Minnesota-based manufacturer and bulk-material handling system, has entered into an agreement to acquire Clemro Western, a Calgary-based company that makes crushing and screening equipment for customers…
Klondex adds life to Midas with aggressive drilling
When Klondex Mines (TSX: KDX; US-OTC: KLNDF) bought the Midas gold-silver mine in Nevada from Newmont Mining (NYSE: NEM) in early 2014, Newmont had penciled in March 2015 as the date the underground operation would reach the end of its mine…
Newmont green-lights Long Canyon gold mine
VANCOUVER — Denver-based Newmont Mining (NYSE: NEM) is poised to open up a new gold district at its Long Canyon project along the eastern flank of the Pequop Mountains in northeastern Nevada. The U.S. Bureau of Land Management (BLM)…
Wall Street edges up, March 30-April 2
U.S. equities gained momentum on positive jobless data. The Dow Jones Industrial Average climbed 50.64 points to 17,763.24, and the S&P 500 Index added 5.94 points to finish at 2,066.96. Spot gold edged up US$3.60 per oz. to end at US$1,202…
Timberline options 1M oz. Talapoosa gold project in Nevada
Since taking the helm of Timberline Resources (TSXV: TBR; NYSE-MKT: TLR) on Jan. 1, Kiran Patankar has wasted little time getting to work and enlarging the junior’s footprint in Nevada.
Adamera envisions a golden future in Washington
VANCOUVER — Explorer Adamera Minerals (TSXV: ADZ; US-OTC: DDNFF) is hoping to contribute to a long history of gold mining in the prolific Cook Mountain district in northern Washington state. The region hosts Kinross Gold’s (TSX: K;…