Daily News

Azarga cuts initial capex 50% in Dewey Burdock PEA

An upgraded resource estimate that confirms its flagship Dewey Burdock in-situ recovery uranium project is the highest-grade ISR project among its North American peers, and a revised preliminary economic assessment that has cut the project's...
Jan 30, 2015 5:57PM

Baja Mining's Boleo plant produces first copper

When Tom Ogryzlo replaced John Greenslade as head of Baja Mining (TSXV: BAJ) in May 2012, the company and its then 70%-owned copper-cobalt-zinc Boleo project in Mexico were in freefall—reeling from hundreds of millions of dollars in cost...
Jan 30, 2015 5:36PM

Jay pipe could add 11 years to Ekati diamond mine

Dominion Diamond’s (TSX: DDC; NYSE: DDC) prefeasibility study (PFS) for the Jay kimberlite pipe deposit shows it could add 11 years to its Ekati diamond mine in the Northwest Territories.
Jan 30, 2015 11:35AM

Analysts get bullish on Klondex's Fire Creek mine

With two producing underground mines in Nevada, plans to spend $33 million on exploration and development in 2015, and a goal of growing production to 150,000 gold equivalent ounces within five years, one could argue Klondex Mines (TSX: KDX;...
Jan 29, 2015 5:07PM

Goldcorp's Jeannes at Roundup 2015: Gold sector 'on its way back to relevance'

VANCOUVER — When it comes to discussing gold markets there likely aren't many people who can command as much attention as Goldcorp (TSX: G; NYSE: GG) president and CEO Chuck Jeannes. The company is positioned as the world's...
Jan 28, 2015 10:21PM

Alamos shares punished over disappointing results

Alamos Gold (TSX:AGI; NYSE:AGI) shares continue to slide on the back of disappointing 2014 production results from its Mulatos gold mine in Sonora, Mexico.
Jan 28, 2015 5:22PM

Commentary - CPM Group: China key to moly market

The following is a summary of the newly released Molybdenum Market Outlook from New York-based research firm CPM Group. The full study offers in-depth analysis of global molybdenum supply, demand and price trends, including projections for the...
Jan 28, 2015 12:00AM

Editorial: Base metal woes in Canada's north

Base metal mining in Canada took another couple of hard blows in late January, as falling base metals price bit deeper and deeper into operations.
Jan 28, 2015 12:00AM

NexGen continues drilling the Arrow discovery

Analysts believe NexGen Energy (TSXV: NXE) may be on to something at its Arrow zone on the Rook 1 property in the southwest part of Saskatchewan’s Athabasca basin.
Jan 28, 2015 12:00AM

Franco's Harquail: 'My belief in exploration has been shaken'

VANCOUVER — It’s hard to find a better value-builder over the past decade than Franco-Nevada (TSX: FNV; NYSE: FNV), which essentially pioneered the royalty-stream finance model in its previous incarnation and has seen its share...
Jan 28, 2015 12:00AM

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