Goldspike drills high-grade zinc at Lone Mountain in Nevada
Bruce Durham initially set up Goldspike Exploration (TSXV: GSE) to focus on early stage projects in the Yukon’s White Gold district, and the company went public in August 2011.
United States
CIBC slashes platinum forecast
An expected surge in the platinum price failed to materialize in 2014 because of a strong U.S. dollar and weak South African rand, say mining analysts with CIBC World Markets, who are slashing their platinum price forecast for 2015.
Lundin hits commercial production at Eagle
Lundin Mining (TSX: LUN; US-OTC: LUNMF) now has another commercial mine in its growing roster of operations.
NuLegacy explores Iceberg in Nevada
NuLegacy Gold (TSXV: NUG; US-OTC: NULGF) may be onto something at its Iceberg gold deposit on the Red Hill project in Nevada’s famed Cortez gold trend.
Copper miners hold up under BMO forecast
Copper prices have dipped below US$3 per lb. several times this year — in March, briefly in October, and then in November — for the first time since mid-2010.
Cliffs’ Bloom Lake faces uncertain future
Struggling U.S.-based iron ore and coal miner Cliffs Natural Resources (NYSE: CLF) may close its Bloom Lake iron ore mine in eastern Quebec, as it bids farewell to Canada.
US stocks march up, Nov. 10-14
U.S. equities are up for the fourth straight week. The Dow Jones Industrial Average advanced 60.81 points to 17,634.74, while the S&P 500 Index rose 7.9 points to a record high of 2,039.82. The Nasdaq Composite Index climbed 56.01 points to…
Met coal producers prepare for long price weakness
The benchmark price for metallurgical coal has dropped to a multi-year low of US$119 per tonne, and Moody’s Investors Service doesn’t see much relief for met coal producers until the second half of 2016. In the meantime, it warns,…
Uranium stocks jump on Japanese nuclear restart news
Uranium prices and uranium stocks spiked in early November after politicians in Japan’s Kagoshima Prefecture, including governor Yuichiro Ito, approved two nuclear reactor restarts in the country.
TSX continues winning streak, Nov. 3-7
The S&P/TSX Composite Index gained for the fourth straight week, up 77.51 points to close at 14,690.83. Gold and diversified miners both added 10 points, with the S&P/TSX Global Gold Index ending at 144.86 and the S&P/TSX Capped…
US stocks soar, Oct. 27-31
U.S. equities gained as the American economy showed signs of improvement.
Geologic Materials Center opens in Alaska
The state of Alaska’s geological collection has a new home in Anchorage.