Daily News

Mega Precious hits regional targets at Monument Bay

VANCOUVER — Explorer Mega Precious Metals (TSXV: MGP) is sitting on a multi-million ounce gold-tungsten deposit at its Monument Bay project, and it sees a lot more upside across the 338 sq. km property, 340 km southeast of Thompson, Man....
Apr 22, 2015 12:00AM


Teck posts lower Q1 earnings, slashes dividend

Teck Resources (TSX: TCK.B; NYSE:TCK) cut its semiannual dividend and posted lower-than-expected first-quarter earnings, as the slump in commodity prices continued.
Apr 22, 2015 12:00AM


Hudbay picks up QMX Gold's Snow Lake mine

The opportunity to acquire the past-producing Snow Lake gold mine and mill in Manitoba from financially strapped QMX Gold (TSXV: QMX) emerged a couple of months ago, Hudbay Minerals (TSX: HBM; NYSE: HBM) has confirmed, but says “there is...
Apr 22, 2015 12:00AM


TSX Venture finishes in the green, April 13-17

The S&P/TSX Venture Composite Index rallied during the trading sessions, gaining 3.97 points en route to a 702.85-point weekly close. Statistics Canada reported that the consumer price index gained 0.4% last month, after a 0.2% jump in...
Apr 22, 2015 12:00AM


U.S. stocks hit 'wall of worry', April 13-17

After two weeks of gains, the Dow Jones Industrial Average and S&P 500 Index ended moderately lower due to concerns about Greece’s debt negotiations, mixed U.S. corporate earnings and warnings by regulators in China about excessive...
Apr 22, 2015 12:00AM


TSX retreats, April 13-17

Canada’s benchmark index fell on renewed concern over Greece’s debt and China’s new trading regulations. The S&P/TSX Composite Index slipped 28 points, or 0.2%, to 15,360.55, while the S&P/TSX Capped Diversified Metals...
Apr 22, 2015 12:00AM


Collapsing under debt, NA Palladium seeks a buyer

North American Palladium (TSX: PDL; US-OTC: PALDF) is facing the consequences of a potential loan default, which could transfer 98% of the company and ownership of the Lac des Îles (LDI) palladium mine, near Thunder Bay, Ont., to its...
Apr 22, 2015 12:00AM


Cameco's Gitzel: Indian supply deal a 'foot in the door'

VANCOUVER — Canada and India heralded a new era of economic cooperation on April 15 when the countries announced a uranium trade agreement wherein Canadian producer Cameco (TSX: CCO; NYSE: CCJ) will fuel growing Indian power needs over...
Apr 22, 2015 12:00AM


Peregrine Diamonds teams up with old Africa hands in Botswana

In its first meaningful venture in diamond exploration outside of North America, Peregrine Diamonds (TSX: PGD) expects to drill kimberlite targets in Botswana before year-end, thanks to the wisdom of three exploration geologists whose previous...
Apr 22, 2015 12:00AM


Foran finds promising results at the Hanson Lake camp

Foran Mining (TSXV: FOM; US-OTC: FMCXF) has wrapped up the first round of drilling this year on two deposits near its flagship McIlvenna Bay project in Saskatchewan’s Hanson Lake camp, to see if it could delineate more resources near the...
Apr 22, 2015 12:00AM


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