Daily News

Newstrike touts low costs in maiden Ana Paula PEA

VANCOUVER — Four years ago junior Newstrike Capital (TSXV: NES; US-OTC: NWSKF) scored a strategic slice of Mexico's emerging Guerrero gold belt (GGB) in the form of its wholly-owned Ana Paula gold asset, and now the company...
Sep 16, 2014 4:22PM


Work on Oyu Tolgoi underground to resume in Q1: Mongolian mines minister

Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) and the Mongolian government have resolved several issues that have been holding up the underground expansion of the Oyu Tolgoi copper-gold mine in the country, according to media reports.
Sep 16, 2014 4:10PM


Iamgold to sell Niobec mine

President and chief executive Steve Letwin of Iamgold (TSX: IMG) told the Denver Gold Forum that he is confident the company can sell its Niobec mine in Quebec within the next six to twelve months for about $500 million after taxes.
Sep 16, 2014 12:49PM


Juniors remain optimistic at the Precious Metals Summit

BEAVER CREEK, COLORADO — The fourth annual Precious Metals Summit, held at an exclusive ski resort in Beaver Creek, Colo., kicked off on Sept. 10, with more than 100 select juniors presenting over two days.
Sep 16, 2014 11:14AM


Transition Metals and Implats to resume drilling at Sunday Lake

In April the Northwestern Ontario Prospectors Association awarded the Bernie Schneiders Discovery of the Year Award to joint-venture partners Transition Metals (TSXV: XTM) and Impala Platinum Holdings (JSE: IMP) for their discovery in November...
Sep 15, 2014 5:04PM


TSX Venture retreats for second week, Sept. 8-12

VANCOUVER — The S&P TSX Venture Composite trended downward for a second consecutive week during the Sept. 8-12 trading period, as it lost 6.96 points en route to a 987.93 point close. Commodity futures continued to struggle during...
Sep 15, 2014 4:36PM


TSX drops, Sept. 8-12

Canada’s main stock index fell during the Sept. 8–12 trading week. The S&P/TSX Composite Index dropped 38 points to 15,531.58. The spot price for gold plunged US$40 to US$1,228.30, while the S&P/TSX Global Gold Index stayed...
Sep 15, 2014 3:01PM


Wall Street indexes slide, Sept. 8-12

After five straight weeks of gains, U.S. equity indexes dropped as President Barack Obama authorized air strikes against the terrorist group ISIS and imposed more sanctions against Russia. The Dow Jones Industrial Average fell 0.87% to...
Sep 15, 2014 1:27PM


Ontario mines still power Goldcorp

Goldcorp (TSX: G; NYSE: GG) has been so growth-oriented over the past decade — building new mines across the Americas and snapping up gold assets left and right — that it’s easy to forget sometimes just how productive its...
Sep 15, 2014 10:32AM


De Beers studies Victor extension as mine life wanes

With a mine life that ends in 2018, the ore is running out at Ontario’s only diamond mine — De Beers’ Victor mine, 90 km west of Attawapiskat.
Sep 12, 2014 6:26PM


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