Daily News

Azincourt and Macusani team up on Peruvian uranium play

VANCOUVER — Explorers Azincourt Uranium (TSXV: AAZ; US-OTC: AZURF) and Macusani Yellowcake (TSXV: YEL; US-OTC: MCYWF) are viewing an alliance on the Macusani Plateau in southeastern Peru as a strategy that could create the next...
Apr 21, 2014 6:52PM

Goldcorp to end its fight for Osisko

Goldcorp (TSX: G; NYSE: GG) is bowing out of the race for Osisko Mining (TSX: OSK; US-OTC: OSKFF) by announcing it won’t amend its $3.6-billion hostile takeover offer for the junior producer and its large Canadian Malartic gold...
Apr 21, 2014 5:46PM

U.S. markets make up for previous losses, April 14-17

U.S. markets bounced back over the holiday shortened April 14-17 period after two consecutive periods of giving up ground. A modest surprise to the upside in China’s GDP growth number was seen as the main driver to the Dow Jones...
Apr 21, 2014 4:32PM

TSX nears six-year high before Easter, April 14-17

The Toronto stock market had a strong run heading into the Easter holiday, with the S&P/TSX Composite Index gaining 24 points to 14,500.39, nearing a six-year high on the back of positive Chinese and U.S. economic data.
Apr 21, 2014 4:13PM

Venture quiet in run-up to Easter, April 14-17

VANCOUVER - The S&P TSX Venture Composite Index was quiet during the four-day week before Easter. Two days of small gains overturned two days in the red to leave the index up exactly 1 point at 998.77. Daily trading volumes averaged 66.8...
Apr 21, 2014 9:09AM

Weakest met coal price in six years forces Walter to shutter mines

VANCOUVER – In 2011 the metallurgical coal market was hot. Chinese demand seemed insatiable and floods had disrupted Australian supplies, pushing prices as high as US$300 a tonne.
Apr 18, 2014 2:33PM

Trafigura deal gives Mawson the money to complete Kapulo

VANCOUVER – An offtake agreement with a US$50-million prepayment has given Mawson West (TSX: MWE) the funds it needs to finish building its Kapulo mine in the Democratic Republic of Congo.
Apr 18, 2014 1:29PM

Orex Exploration completes Goldboro PEA

When mining financier Willie McLucas first visited Orex Exploration’s (TSXV: OX) Goldboro project in Nova Scotia last August, he was excited by what he saw: One of Canada’s earliest gold mines that could become a producer once again...
Apr 17, 2014 11:19PM

Royal Nickel buys 25% of Sudbury Platinum for $1.5M

Toronto-based explorer Royal Nickel (TSX: RNX) has seen its shares climb more than 50% in the past week, after providing the market an upbeat outlook on nickel prices and announcing that it has acquired a minority interest in a private company...
Apr 17, 2014 5:32PM

Abitibi Royalties offers another way to play Canadian Malartic

Not everyone is sitting on the piles of cash that Agnico-Eagle Mines (TSX: AEM; NYSE: AEM), Yamana Gold (TSX: YRI; NYSE: AUY) and Goldcorp (TSX:G; NYSE: GG) are contemplating spending to acquire Osisko Mining's (TSX: OSK) Canadian Malartic...
Apr 17, 2014 4:29PM

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