Daily News

Commentary: Plan Nord 2.0 and the creation of Société du Plan Nord

On Sept. 30, 2014, the Quebec government, through its Minister of Energy and Natural Resources and Minister responsible for the Northern Plan, Pierre Arcand, tabled Bill 11, entitled the Act respecting the Société du Plan Nord.
Oct 22, 2014 12:00AM

Iron ore price collapse claims more victims

Cliffs Natural Resources (NYSE: CLF) and London Mining (US-OTC: LIIGF; LSE: LOND) have become the latest casualties of falling iron ore prices, with Cliffs warning that it expects to record a US$6-billion non-cash impairment charge in the third...
Oct 22, 2014 12:00AM

Gold Reserve wins US$740M in 'stunning victory' against Venezuela

It’s taken six years and over US$20 million in legal costs, but Gold Reserve (TSX: GRZ; US-OTC: GDRZF) has won US$740.3 million in compensation for the expropriation of its Brisas gold project by the Venezuelan government. It’s one...
Oct 22, 2014 12:00AM

Gold output picks up at Perseus' Edikan mine

Perseus Mining (TSX: PRU; ASX: PRU) is cleaning up its act, and has at least one analyst taking notice.
Oct 22, 2014 12:00AM

Allied Nevada advances US$1.4B Hycroft plan

VANCOUVER — It’s been a tough year for producer Allied Nevada Gold (TSX: ANV; NYSE-MKT: ANV) as it has moved through lower-grade areas at its flagship Hycroft mine, 87 km west of Winnemucca, Nev. The company is hoping an...
Oct 22, 2014 12:00AM

Puma on the prowl near historic Brunswick mine

Shares of Puma Exploration (TSXV: PUM; US-OTC: PUXPF) traded higher after the junior announced it  has acquired a 6.5 sq. km property with a newly discovered volcanogenic massive sulphide (VMS) zone just 6 km north of the No. 12 orebody at...
Oct 22, 2014 12:00AM

A growing Mandalay remains Desjardins' top pick

Mandalay Resources (TSX: MND; US-OTC: MNDJF) has bumped up its full-year production guidance after reporting solid third-quarter numbers.
Oct 22, 2014 12:00AM

Rob McEwen defies gravity

Commercial flights to the edge of space on Virgin Galactic’s SpaceShipTwo are supposed to start in March 2015, after the company’s billionaire founder Richard Branson and his son Sam make the trip first.
Oct 22, 2014 12:00AM

Source chases district-scale skarn mineralization at Las Minas

VANCOUVER — Roughly 270 km due east of Mexico City in the state of Veracruz, junior Source Exploration (TSXV: SOP) is thinking big. Earlier this year the company expanded a discovery at its 17 sq. km property package in the...
Oct 21, 2014 5:55PM

True Gold completes North Kao PEA

True Gold Mining (TSXV: TGM) is on track to pour the first gold at its Karma project in Burkina Faso in late 2015, with the mine plan envisioning five open pits that will be developed in sequence to feed a heap-leach operation over the course...
Oct 21, 2014 5:24PM

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