Daily News

Editorial: Iron ore prices - Where's the bottom?

As the daylight hours shorten and winter chill takes hold of the iron ore mines and surrounding communities in the Labrador Trough, it’s as good a symbol as any of the deep freeze that is engulfing the global iron ore market, as spot...
Nov 26, 2014 8:08PM

Fission's McElroy discusses 2014 progress at PLS

VANCOUVER — Explorer Fission Uranium (TSX: FCU; US-OTC: FCUUF) has been one of the few juniors that has maintained a steady drilling rate over the past two years despite tough capital markets. The company's Patterson Lake South (PLS)...
Nov 26, 2014 6:35PM

African Gold's Kobada offers low capex and operating costs

Free-digging saprolite and favorable metallurgy at African Gold Group’s (TSXV: AGG) Kobada open-pit gold project in Mali will help keep a lid on costs, according to an updated preliminary economic assessment, which estimates life-of-mine...
Nov 26, 2014 5:24PM

Sierra Club delays Romarco's Haile gold project

VANCOUVER — The South Carolina Department of Health and Environment Control (SCDHEC) has received a request for review of the mine operating permit for Romarco Mineral’s (TSX: R) proposed Haile gold mine. The review filed by the...
Nov 25, 2014 6:54PM

Nevsun deals with human rights lawsuit, takeover rumours

VANCOUVER — Nevsun Resources (TSX: NSU; NYSE-MKT: NSU) is facing a lawsuit in the B.C. Supreme Court alleging it was complicit in the use of forced labour by local contractors at its Bisha copper-gold operation in the African nation of...
Nov 25, 2014 6:07PM

Visible Gold follows the yellow brick road

Sometimes the cleverest path is to follow someone else's road.
Nov 25, 2014 5:20PM

Lundin hits commercial production at Eagle

Lundin Mining (TSX: LUN) now has another commercial mine in its growing roster of operations.
Nov 25, 2014 3:18PM

Rubicon, Wabauskang reach settlement as Phoenix nears startup

As it nears first production at its Phoenix gold mine, in Red Lake, Ont., Rubicon Minerals (TSX: RMX; NYSE: RBY) has gained the support of a small First Nation band that argues its treaty rights to be consulted about the development have...
Nov 25, 2014 2:25PM

TSX Venture gains ground, Nov. 17-21

VANCOUVER — The S&P TSX Venture Composite finished in the green for a second straight week after it rose 1.6%, or 12.5 points, en route to a 789.13 point close. Gains were driven by rising precious metal futures, while the energy...
Nov 24, 2014 6:29PM

TSX stays strong, Nov. 17-21

The S&P/TSX Composite Index gained for the sixth straight week, moving up 286.03 points to 15,111.13. The S&P/TSX Global Gold Index added 5.67 points to 153.41, while the S&P/TSX Capped Diversified Metals & Mining Index climbed...
Nov 24, 2014 3:58PM

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