Daily News

TSX ekes out small gain, May 18-22

Statistics Canada reported higher demand for cars, food and alcohol drove up retail sales 0.7% in March, after a 1.5% gain in February. Markets were closed May 18 to celebrate Victoria Day, but when they re-opened, Canada’s main stock...
May 25, 2015 9:08PM


TSX Venture finishes in the green, May 19-22

VANCOUVER — The S&P TSX Venture Composite Index registered gains during the shortened May 19-22 trading period, as it jumped 1.2% or 8.17 points before finishing the week at 703.48 points.
May 25, 2015 7:48PM


U.S. stocks end mixed, May 18-22

Wall Street closed mixed ahead of the Memorial Day holiday, as the Federal Reserve said it would likely raise interest rates this year, if the economy continued to improve. The Dow Jones Industrial Average dipped 0.2% to 18,232.02, while the...
May 25, 2015 4:01PM


Short Position Report

Short positions outstanding at May 15/15 (with changes from April 30/15). 
May 22, 2015 2:31PM


Sabina focuses on optionality at Back River project

A feasibility study for Sabina Gold & Silver’s (TSX: SBB) Back River gold project in Nunavut demonstrates the project is a large, low-cost producer, which could be scaled down to lower capital requirements.  
May 21, 2015 6:37PM


First Quantum plans US$1.25 billion equity raise

First Quantum Minerals (TSX: FM) is chasing financial flexibility with plans to raise US$1.25 billion through a public offering of its common shares, and could see as much as US$1.44 billion pour into its coffers, if an overallotment option is...
May 21, 2015 4:39PM


SolGold digs deep at Cascabel in Ecuador

Over the last three years, SolGold (LSE: SOLG) has earned an 85% stake in the Cascabel copper-gold-silver deposit in northern Ecuador, and the Brisbane-based company says it is on track to complete its first resource estimate on the early stage...
May 20, 2015 11:42PM


Midway runs into trouble at Pan mine

Midway Gold (TSX: MDW; NYSE-MKT: MDW) has hit a rough patch, less than two months after it initiated production at its Pan gold heap-leach mine in Nevada.
May 20, 2015 5:27PM


Red Chris delay sends Imperial back to the market

In danger of breaking a loan covenant because of a slow ramp-up at its Red Chris copper-gold mine, in northwestern British Columbia, Imperial Metals (TSX: III) is turning once again to its largest shareholders for financial help.
May 20, 2015 4:43PM


Suppliers news: Fasken Martineau named mining law firm of the year

Fasken Martineau has earned this year’s Global Mining Law Firm of the Year Award by law firm researcher Who’s Who Legal. The honour represents the seventh time the firm has gotten the distinction in the area of mining.
May 20, 2015 12:00AM


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