Daily News

Donner Metals acquires Preissac nickel-copper-PGE property

If you want to find nickel mineralization in Quebec, probably a good place to start looking for it is near the past-producing Marbridge nickel project, which is the only mine to have produced nickel in the Abitibi region and the first nickel...
Jul 18, 2014 4:51PM

Short Position Report

Jul 18, 2014 3:48PM

Indonesia threatens Newmont's mining license

VANCOUVER – Indonesia is threatening to terminate the Batu Hijau mine contract if Newmont Mining (NYSE: NEM) does not withdraw a legal challenge to the country's new export taxes.
Jul 17, 2014 8:52PM

Mercator-Intergeo deal set to collapse

Mercator Minerals (TSX: ML) will likely be in more financial trouble than ever, if the proposed business combination with Russia-based Intergeo MMC falls through.
Jul 17, 2014 4:48PM

Laurentian Bank analyst: Panoro an 'attractive takeover candidate'

This week Panoro Minerals (TSXV: PML; US-OTC: POROF) completed a $5.8 million equity financing of 13.8 million shares at 42¢ underwritten by Laurentian Bank Securities and National Bank Financial Inc. that will further exploration work at...
Jul 17, 2014 4:39PM

Lundin on track at Eagle, responds to acquisition speculation

VANCOUVER — Base metal producer Lundin Mining (TSX: LUN; US-OTC: LUNMF) looks to be on point at its newest acquisition, namely the Eagle nickel-copper mine 45 km northwest of Marquette, Mich. The company picked up the asset from...
Jul 17, 2014 3:38PM

Asanko Gold approves Phase 1 construction in Ghana

The board of directors at Asanko Gold (TSX: AKG; NYSE: AKG) has given management the green light to build the first phase of the Asanko gold mine in Ghana at a price-tag of about US$295 million and expects to break ground within the next month.
Jul 17, 2014 11:55AM

Barrick Gold CEO steps down

Barrick Gold’s (TSX: ABX; NYSE: ABX) president and CEO Jamie Sokalsky will be leaving his post in September, as part of a management shakeup, where the major gold producer will axe its CEO role and name two executives as co-presidents.
Jul 16, 2014 6:55PM

Cameco suspends mining at Cigar Lake

VANCOUVER – Cameco (TSX: CCO; NYSE: CCJ) has suspended active mining at its Cigar Lake mine in Saskatchewan to give the orebody more time to freeze, a necessary step in the complex process used to mine the waterlogged deposit.
Jul 16, 2014 6:14PM

Endeavour Mining bounces back in 2014

VANCOUVER — After posting a big-time loss in 2013 West African gold producer Endeavour Mining (TSX: EDV; US-OTC: EDVMF) pledged it would position itself for a comeback, and based on the company's performance over the first six months...
Jul 16, 2014 5:06PM

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