Daily News

There's nothing blooming at Bloom Lake

Struggling U.S.-based iron ore miner Cliffs Natural Resources (NYSE: CLF) may close its Bloom Lake iron ore mine in northeastern Quebec, as it bids farewell to Canada.
Nov 21, 2014 6:45PM

Eastmain to team up with Darnley Bay at Lac Lessard in Quebec

Last year Eastmain Resources (TSX: ER) surveyed its 100%-owned Lac Lessard property in the James Bay region of northern Quebec using a combined airborne magnetic and electromagnetic VTEM system that identified ten highly conductive isolated...
Nov 21, 2014 5:49PM

Dominion Diamond hits its production stride

Dominion Diamond (TSX: DDC; NYSE: DDC) beat market expectations with its third-quarter production and sales figures, sending its share price up $1.35, or more than 8%, to $17.73 in anticipation of its upcoming financial results.
Nov 21, 2014 3:27PM

Continental Gold continues to beat the odds in Colombia

Toronto-based explorer Continental Gold (TSX: CNL; OTCQX: CGOOF) is stepping closer to developing a commercial-scale underground gold-silver mine in northwestern Colombia, with at least one analyst cheering on the progress.
Nov 20, 2014 8:49PM

CIBC slashes platinum forecast

An expected surge in the price of platinum failed to materialize in 2014 because of a strong U.S. dollar and weak South African rand, say mining analysts with CIBC World Markets, who are slashing their platinum price forecast for 2015.
Nov 20, 2014 4:49PM

Nemaska Lithium and Cree Nation sign IBA

THE CREE NATION OF NEMASKA, QUEBEC — It took five years and more than forty meetings, but Nemaska Lithium (TSXV: NMX) and the Cree Nation of Nemaska have signed an impact benefits agreement that paves the way for the...
Nov 20, 2014 10:30AM

Goldspike drills high-grade zinc at Lone Mountain

Bruce Durham initially set up Goldspike Exploration (TSXV: GSE) to focus on early-stage projects in the White Gold district of the Yukon, and the company went public in August 2011.
Nov 19, 2014 5:17PM

Short Position Report

Nov 19, 2014 4:59PM

Imperial counting on smooth Red Chris startup; pegs Mt. Polley cleanup at $67.4M

Imperial Metals (TSX: III) has estimated cleanup costs related to the early August tailings dam failure at its Mount Polley mine at $67.4 million — significantly less than many analysts had been expecting.
Nov 19, 2014 10:43AM

Pure Gold joins Red Lake's 'exploration renaissance'

RED LAKE, ONTARIO — For the management team at newly minted Pure Gold Mining (TSXV: PGM; US-OTC: LRTNF), picking up the past-producing Madsen gold project marked a return to a gold camp that has played a formative role in their...
Nov 19, 2014 12:00AM

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