TSX ends in the red, May 11-15
Canada’s main stock index retreated during the trading week. The S&P/TSX Composite Index fell 0.4% to 15,108.12. The S&P/TSX Capped Diversified Metals & Mining Index dropped 1.4% to 794.05, and the S&P/TSX Global Gold…
United States
Suppliers news: SME, Engineers Without Borders team up to give in Guatemala
The Society for Mining, Metallurgy & Exploration Foundation’s (SMEF) Miners Give Back program is collaborating with Engineers Without Borders USA (EWB) in awarding its first US$5,000 grant to support a water system expansion project…
NuLegacy hits high-grade gold in Nevada
NuLegacy Gold (TSXV: NUG; US-OTC: NULGF) has found drilling success at its Iceberg gold deposit, a Carlin-type gold system in Nevada’s Cortez trend.
TSX slides, May 4-8
Poor jobs data and a decline in energy stocks after the New Democratic Party majority win in Alberta sent the S&P/TSX Composite Index down 1.1% to 15,170.02. The S&P/TSX Capped Diversified Metals & Mining Index fell 2.8% to 805.08,…
Columbus Gold to launch $20M program
Over the next year, Columbus Gold (TSXV: CGT; US-OTC: CBGDF), a small junior with a market cap of just $64 million, will oversee $20 million invested in exploration and development at its two gold projects, Paul Isnard in French Guiana and…
Lundin shares jump following ‘spectacular’ first quarter
VANCOUVER — Lundin Mining (TSX: LUN; US-OTC: LUNMF) has been on the acquisitions trail for the past two years, and its aggressive strategy paid off in a big way during the first quarter. The company reported record copper and nickel…
Northern Empire rises again with an eye on Alaskan gold
VANCOUVER — The management team at Northern Empire Resources (TSXV: NM; US-OTC: PSPGF) believe it’s an opportune time to get back into the project-generation game, and that the early stage Richardson gold project in Alaska’s…
Redstar Gold drills the Aleutian Islands
If you ask Redstar Gold (TSXV: RGC; US-OTC: RGCTF) for comparables to the mineralization at its Unga gold project in Alaska’s Aleutian Islands, the management team will tell you that it is similar to the high-grade, low-sulphidation…
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…
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.