Daily News

TSX Venture registers small loss, April 7-11

The S&P/TSX Venture Composite Index had a mixed week before closing down 9.39 points at 997.77 points. Mid-week gains were driven by rising precious metal and energy prices, while underwhelming global economic indicators triggered...
Apr 16, 2014 12:00AM


TSX dips, April 7-11

The S&P/TSX Composite Index fell 135.41 points during the trading week to close at 14,257.69. The S&P/TSX Capped Diversified Metals & Mining Index jumped 12.55 points to 814.81. The S&P/TSX Global Gold Index slipped 1.07 points...
Apr 16, 2014 12:00AM


Chinese consortium buys Las Bambas

A Chinese consortium led by MMG, an arm of state-owned China Minmetals Group, is buying Glencore Xstrata’s (LSE: GLEN) enormous Las Bambas copper project in Peru for US$5.85 billion in cash.
Apr 16, 2014 12:00AM


U.S. markets slump as gold rises, April 7-11

It was a weak showing for the U.S. markets, as the Dow Jones Industrial Average fell 388 points to 16,026.75, the S&P 500 was down 48 points to 1,815.69 and the Nasdaq Composite was off 111 points to finish up at 3,999.73. 
Apr 16, 2014 12:00AM


Copper One picks up Troilus from First Quantum

VANCOUVER — Stan Bharti and his merchant banking team at Toronto-based Forbes & Manhattan appear to be on the lookout for past-producing copper assets. Roughly six months after grabbing a major share position in junior Kombat...
Apr 16, 2014 12:00AM


Perseus puts out fireat Edikan in Ghana

A fire has put operations on hold at Perseus Mining’s (TSX: PRU; US-OTC: PMNXF) Edikan processing gold plant in Ghana, but the company says things are under control.
Apr 16, 2014 12:00AM


Capstone 'gets it right,' analysts say

Mid-tier copper producer Capstone Mining (TSX: CS; US-OTC: CSFFF) impressed analysts after posting record production results for the first quarter of the year.
Apr 16, 2014 12:00AM


Copper Mountain up 11% on record Q1 production

Vancouver-based Copper Mountain Mining (TSX: CUM) saw its shares climb after revealing record first-quarter copper production at its 75%-held Copper Mountain mine near Princeton, B.C.
Apr 16, 2014 12:00AM


Allied Nevada hits the comeback trail

Allied Nevada Gold (TSX: ANV; NYSE-MKT: ANV) has been one of the more challenged operators in the gold sector in recent years, but its latest production results show a company on the comeback trail.
Apr 16, 2014 12:00AM


Eldorado's Certej could be 'platform' into Eastern Europe

VANCOUVER — On April 7 producer Eldorado Gold (TSX: ELD; NYSE: EGO) unveiled an updated prefeasibility study (PFS) on its 80%-owned Certej gold–silver project in the Apuseni Mountains in western Romania. And though Eldorado...
Apr 16, 2014 12:00AM


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