Daily News

Newly-minted IDM Mining sets it sights on B.C.'s Red Mountain

VANCOUVER — For president and CEO Robert McLeod and his team at Revolution Resources (TSX: RV) the acquisition of the Red Mountain gold property in northwestern British Columbia is a lot like coming home.
Apr 23, 2014 6:56PM

Allied Nevada plans major Hycroft mine expansion

VANCOUVER – With a prefeasibility study outlining how to dramatically increase gold and silver production from the Hycroft mine in Nevada, Allied Nevada Gold (TSX: ANV) now just needs the money to make it happen. 
Apr 23, 2014 5:56PM

Editorial: Diamonds a lodestar in Canadian mining firmament

While much of the global mining industry has been limping along under sagging commodities prices and looming oversupply, one of the brightest spots has been the Canadian diamond-mining industry, which has weathered its wild, rocky youth and...
Apr 23, 2014 4:21PM

Osisko drill results lift Abitibi Royalties to new heights

Yamana Gold (TSX: YRI) and Agnico Eagle Mines (TSX: AEM) bid for Osisko Mining (TSX: OSK) looks just a bit better today than it did yesterday.
Apr 23, 2014 4:12PM

More high grade prompts Pilot Gold to expand Kinsley

Results from infill and step-out drilling at the Western Flank target of Pilot Gold’s (TSX: PLG) majority owned Kinsley Mountain project in Nevada continue to yield high-grade intercepts, sending the company’s share price up more...
Apr 23, 2014 3:56PM

Metals Commentary: What's behind molybdenum's dramatic price response

Molybdenum prices in Europe have risen rapidly following the World Trade Organization’s confirmation that the export duties and quotas imposed by China on molybdenum are incompatible with its WTO obligations. This report concludes a...
Apr 23, 2014 12:23PM

Sandstorm axes diversified metals and energy arm

VANCOUVER — According to Sandstorm Gold (TSX: SSL; NYSE-MKT: SAND) president and CEO Nolan Watson, the calls from shareholders requesting he "clean up" sister company Sandstorm Metals & Energy (TSXV: SND; US-OTC: STTYF) had been...
Apr 22, 2014 10:01PM

Roxgold completes Yaramoko feasibility study

A feasibility study on the 55 Zone of Roxgold’s (TSXV: ROG) Yaramoko project in Burkina Faso improves on the results of a preliminary economic assessment delivered last fall and outlines robust economics even at gold prices below current...
Apr 22, 2014 4:39PM

PEA for UEC's Slick Rock shows a 29% IRR

Texas-based Uranium Energy (NYSE-MKT: UEC) has completed a promising preliminary economic assessment (PEA) on its Slick Rock uranium-vanadium deposit, which is one of its pipeline projects in Colorado.
Apr 22, 2014 4:24PM

Short Position Report

Short positions outstanding at April 15/14 (with changes from March 31/14).
Apr 22, 2014 11:10AM

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