Daily News

Resolution at hand for Newmont in Indonesia

A month after Freeport-McMoRan Copper & Gold (NYSE: FCX) signed a deal with the Indonesian government resolving a standoff over the country’s recently imposed export tax on mineral concentrates, Newmont Mining (NYSE: NEM) appears...
Aug 27, 2014 12:00AM


Rockhaven has high hopes for Klaza in Yukon

CARMACKS, YUKON — Rockhaven Resources (TSXV: RK) is not the first, second, or even third company to explore the Klaza project in central Yukon, but it is the first company to find what the others had sought: epithermal gold and silver.
Aug 27, 2014 12:00AM


TSX Venture bounces back, Aug. 18-22

VANCOUVER — The S&P/TSX Venture Composite returned to the black after three consecutive weeks in the red during the Aug. 18-22 trading period, as it gained 9.7 points to 1,005.58. Precious metal and energy futures retreated during the...
Aug 27, 2014 12:00AM


TSX posts small increase, Aug. 18-22

The S&P/TSX Composite Index rose 1.51% to 15,535.55 while the S&P/TSX Capped Metals & Mining Index advanced 0.63% to 890.66. The S&P/TSX Global Gold Index fell 2.76% to 198.41 and the gold spot price fell 1.8% or US$23.70 per...
Aug 27, 2014 12:00AM


US stocks advance, Aug. 18-22

U.S. equities had a strong run during the Aug. 18–22 week. The Dow Jones Industrial Average jumped 338 points to 17,001.22. The S&P 500 Index rose 33 points to 1,988.40, while the tech-heavy Nasdaq Composite Index climbed 74 points to...
Aug 27, 2014 12:00AM


Dynasty Gold fights to retain assets in China

Vancouver-based Dynasty Gold (TSXV: DYG) was one of the first Canadian juniors to explore for gold in China. It entered into a cooperative joint-venture in December 2003 with a Chinese state-owned enterprise to explore for gold...
Aug 27, 2014 12:00AM


Banro finds 'relief' in new financing plan

Banro (TSX: BAA; NYSE-MKT: BAA) has crafted a large financing plan to improve its liquidity and ability to bring Namoya, its second gold mine in the Democratic Republic of the Congo (DRC), to full production. The plan includes a US$35.5...
Aug 27, 2014 12:00AM


Letter to the editor: Why Mount Polley's tailings are not toxic

The Mount Polley copper-gold mine operated by Imperial Metals processed a form of ore related to an alkali intrusive. This type of ore is typified as having a low content of sulphur and is not associated with significant quantities of...
Aug 27, 2014 12:00AM


Price tag for Duluth's Twin Metals nears US$3B

The release of a prefeasibility study estimating that its Twin Metals copper-nickel-platinum group metals joint-venture project would cost US$2.8 billion to build sent Duluth Metals (TSX: DM; USOTC: DULMF) shares tumbling by more than 25%.
Aug 27, 2014 12:00AM


All systems go for Roxgold's Yaramoko mine

It took just three months for authorities in Burkina Faso to approve the environmental and social impact assessment Roxgold (TSX: ROG; US-OTC: ROG) submitted for its Yaramoko gold project in the country’s Houndé greenstone belt,...
Aug 27, 2014 12:00AM


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