Daily News

NewCastle Gold project safe from Castle Mountain Monument

U.S. President Barack Obama’s decision to protect a 20,920-acre land parcel, surrounded on three sides by the Mojave National Preserve, as a National Monument under the 1906 Antiquities Act, presents no threat to NewCastle Gold’s...
Feb 12, 2016 4:38PM

Agnico sees 'stable' production for next three years

Agnico Eagle Mines’ (TSX: AEM; NYSE: AEM) disciplined balance of costs and growth has set it up for a solid three years of production ahead, despite the current volatility in the markets.
Feb 11, 2016 6:09PM

Strong greenback hurts US producers

Noranda Aluminum Holding Corp.’s (US-OTC: NORN) Chapter 11 filing this week underscores the challenges facing the industry south of the border.
Feb 11, 2016 4:41PM

Excelsior updates Gunnison prefeasibility

A staged production approach at Excelsior Mining’s (TSXV: MIN) Gunnison project in southeastern Arizona would slash upfront capital costs and lower financing risk, while delivering a post-tax internal rate of return of more than 26%, even...
Feb 10, 2016 10:36PM

Secova looks to repeat exploration success in Quebec

VANCOUVER — Chairman and CEO Bradley Kitchen and his team at Secova Metals (TSXV: SEK; US-OTC: SEKZF) are hoping that a return to a familiar jurisdiction can lead to a new exploration success story. The company is gearing up to start...
Feb 10, 2016 6:31PM

Richmont boosts gold reserves by 187% at its two mines

Richmont Mines (TSX: RIC; NYSE-MKT: RIC) is reaping the rewards of a successful drilling program last year, with a combined 187% increase in reserves at its two gold mines: Island Gold in Ontario and the Beaufor in Quebec.
Feb 10, 2016 4:33PM

VRIC 2016: Junior uranium execs pitch rebound in uranium market

VANCOUVER — The CEOs of three North American uranium juniors took to the stage during an open-panel session at the Vancouver Resource Investment Conference in January to discuss the broader uranium market and argue why it is due to...
Feb 10, 2016 11:42AM

Silver market supply and demand trends for 2016

The following edited report was released by the Silver Institute. For more information, please visit www.silverinstitute.org.
Feb 10, 2016 12:00AM

Canadian Mining Hall of Fame welcomes five industry leaders

The Canadian Mining Hall of Fame’s (CMHF) 28th induction ceremony in mid-January at the Fairmont Royal York hotel in Toronto honoured five industry leaders — Keith Brimacombe, Harold Williams, Stewart Blusson, Louis Gignac and...
Feb 10, 2016 12:00AM

TSX ends mixed, Feb. 1-5

Toronto’s S&P/TSX Composite Index slipped 0.5% to 12,763.99 after a poor jobs report, while oil prices dropped and gold prices rebounded. The S&P/TSX Global Mining Index rose 9.4% to 45.25, while the S&P/TSX Capped Diversified...
Feb 10, 2016 12:00AM

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