Daily News

Shaping the mines of the future

About US$20 billion worth of projects globally in the industry today are stalled due to poor government or community relations, Gordon Bogden, a geoscientist and director on the boards of several mining companies, told a conference in Toronto...
Nov 27, 2015 5:17PM

TSX slip, Nov.20-26

Canadian equities ended the Nov. 20–26 trading period in red. The S&P/TSX Composite Index fell 0.4% to 13,425.19. The S&P/TSX Global Mining Index lost 2.2% to finish at 45.12 and the S&P/TSX Capped Diversified Metals &...
Nov 27, 2015 4:40PM

Site Visit: Trevali nears full production at Caribou mine

BATHURST, N.B.— Trevali Mining (TSX:TV; OTCQX:TREVF) is nearing commercial production at its past-producing Caribou zinc-lead-silver mine in New Brunswick, ahead of the expected uptick in zinc and lead prices, helped by looming mine...
Nov 26, 2015 4:00PM

Nordgold pays 30% of net profits to shareholders

Moscow-headquartered Nordgold (LSE: NORD) counts itself as one of the best performing, lowest-cost gold producers in the industry today, and yet, curiously, few North Americans know anything about it.
Nov 26, 2015 12:38PM

Fission steps into the ring for proxy fight with retail investor

VANCOUVER — Things might be a little tense at Fission Uranium's (TSX: FCU; US-OTC: FCUUF) annual general meeting (AGM) in mid-December due to a proxy battle launched by a retail shareholder looking to replace its board of directors....
Nov 25, 2015 11:18PM

Rio Tinto joins Reservoir at Timok complex in Serbia

For any junior to entice a major to earn into an exploration project is impressive. To repeat that success with a different major on a separate set of concessions, and at a dismal time in the markets, is striking. Reservoir Minerals (TSXV: RMC;...
Nov 25, 2015 12:00AM

BC Court declines jurisdiction in Garcia v. Tahoe

On Nov. 10, 2015, the British Columbia Supreme Court (BCSC) declined jurisdiction and stayed the plaintiff’s action in Garcia v. Tahoe Resources Inc., 2015 BCSC 2045, in which seven Guatemalan citizens attempted to sue the Canadian parent...
Nov 25, 2015 12:00AM

Site Visit: Kaminak on track to build next Yukon gold mine

DAWSON CITY, YUKON — If there was a betting pool on which junior mining companies will bring Canadian assets into production over the next five years, Kaminak Gold (TSXV: KAM; US-OTC: KMKGF) would be one of the favourites. Despite...
Nov 25, 2015 12:00AM

Editorial: Corporate chaos ensnarls Minera IRL

With Minera IRL shareholders only two days away from possibly voting out the company’s entire board of directors, the saga of the ill-fated, Lima-based junior gold miner is a reminder of just how quickly things can turn sour working in a...
Nov 25, 2015 12:00AM

TSX Venture remains in the doldrums, Nov. 16-20

The S&P/TSX Venture Composite Index dropped 3.28 points en route to a 520.65-point weekly close. Canadian markets are finding it hard to generate positive momentum amid a prolonged slump in commodity prices. Meanwhile, Statistics Canada...
Nov 25, 2015 12:00AM

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