Stephen Alfers advances Pershing’s Relief Canyon
Barry Honig and Phillip Frost are not names that immediately come to mind when one thinks of strategic investors in the mining industry.
United States
Kinross defers Tasiast mill expansion
Kinross Gold (TSX: K; NYSE: KGC) has put its US$1.6-billion Tasiast mill expansion project on hold to keep its balance sheet intact in the current low gold price environment, with at least one analyst thinking the firm is considering other…
Sandstorm to scoop up Gold Royalties in $5.7M all-share deal
VANCOUVER — Streaming and royalty outfit Sandstorm Gold (TSX: SSL; NYSE-MKT: SAND) has been on a bit of a dealmaking tear to start the year. The company locked down 10 new royalty agreements in West Africa and Nevada, and on Feb. 18 it…
Coeur takes US$1B writedown in 2014
Coeur Mining (TSX: CDM; NYSE: CDE), the largest U.S.-based silver producer, reported a wider net loss for 2014 as it took a US$1-billion after-tax writedown in the fourth quarter, following weaker silver and gold prices.
Hudbay looks forward to big returns on investment in 2015
VANCOUVER — According to Hudbay Minerals (TSX: HBM; NYSE: HBM) president and CEO David Garofalo the past year marked a “turning point” for the company that will see roughly five years of expansion and capital investment…
Suppliers news: Hazen, Brazil Minerals, Atos
Hazen Research buys neighbour Huffman Laboratories
Contrarian investor Anglo Pacific picks up coal royalty
Anglo Pacific Group (TSX: APY; LSE: APF) is forking over US$60 million in cash and US$5 million in shares for a royalty on Whitehaven Coal’s (US-OTC: WHITF; ASX: WHC) Narrabri thermal coal mine in Australia at a time when the price of…
Allied Nevada misses 2014 targets, pursues Hycroft mill funding
Allied Nevada Gold (TSX: ANV; NYSE-MKT: ANV) saw more gold and silver produced and sold in 2014 from its flagship Hycroft mine, near Winnemucca, Nev., but still missed its annual guidance.
TSX gains momentum, Feb. 9-13
The Toronto stock market gained on the back of positive economic growth in Europe and better-than-expected data from Canadian manufacturers.
Midas prepares for permitting odyssey at Stibnite in Idaho
VANCOUVER — Junior Midas Gold (TSX: MAX; US-OTC: MDRPF) has invested a lot of time and money in sketching out a promising development scenario at its rebranded Stibnite gold project, 16 km east of Yellow Pine, Idaho. The company’s…
Romarco’s Haile a ‘showcase mine’ in South Carolina
VANCOUVER — Developer Romarco Minerals (TSX: R; US-OTC: RTRAF) believes it can set a positive example for others looking to permit new gold mines in the southern U.S.
Aquila closes in on US$21M financing with Orion
If a proposed US$20.8-million capital injection from Orion Mine Finance goes ahead, Aquila Resources (TSX: AQA; US-OTC: AQARF) could get its Back Forty project — a zinc- and gold-rich volcanogenic massive sulphide deposit in…