Headlines

Volume 100 Number 50

Jan 26 - Feb 1, 2015

Editorial: Gold a ray of hope in a weary market

The Vancouver Resource Investment Conference in mid-January is usually a great way to gauge the mood of the Canadian junior mining scene in the year ahead, and this year was no different.Read More →


Imperial Metals raises $50M

Imperial Metals (TSX: III; US-OTC: IPMLF) may be nursing a black eye from the August tailings dam failure at its Mount Polley mine in central B.C., but the company says it’s pleased with its cleanup efforts so far, and that it is also...Read More →


Integra's Sigma purchase a game changer at Lamaque

VANCOUVER — According to Integra Gold (TSXV: ICG; US-OTC: ICGQF) president and CEO Stephen de Jong, his company’s recent acquisition of the 2,200-tonne-per-day Sigma mine and mill complex for $7 million brings a “better...Read More →


Goldcorp bids $526M for Probe Mines

Goldcorp (TSX: G; NYSE: GG) is acquiring gold junior Probe Mines (TSXV: PRB; US-OTC: PROBF) in a friendly all-share deal worth $526 million.Read More →


Is Osisko Gold charting a new course for Falco?

Falco Resources (TSXV: FPC) is the only junior to control the last of the large Abitibi mining camps not owned by a major gold producer and Osisko Gold Royalties (TSX: OR; US-OTC: OKSKF) is a key partner and shareholder, owning just over 11% of...Read More →


Aura Minerals suspends mining at Aranzazu

Aura Minerals (TSX: ORA; US-OTC: ARMZF) has become the latest casualty of slumping commodity prices, unresponsive financing markets and fixed costs: It is suspending mining operations temporarily at its Aranzazu copper-gold-silver mine in...Read More →


Capstone's 2015 outlook 'disappointing,' BMO says

VANCOUVER — On Jan. 20 copper producer Capstone Mining (TSX: CS; US-OTC: CSFFF) released its production and capital expenditure guidance for 2015, and the results don’t have analysts at BMO Capital Markets particularly enthusiastic....Read More →


Facts 'n' figures: US Mint sells record number of Silver Eagle coins in 2014

The following is an edited report from The Silver Institute, a Washington D.C.-based non-profit industry association. For more information visit www.silverinstitute.org.Read More →


Commentary: BC's the place to be for exploration and development

The innovative and resilient people in B.C.’s internationally respected mineral exploration and development industry have faced many hurdles in recent years amid lower commodity prices and challenging markets. However, members of the...Read More →


TSX slips, Jan. 12-16

Despite a large one-day gain as oil prices stabilized, the S&P/TSX Composite Index lost 0.5%, or 75.53 points, to close the trading week at 14,309.41.Read More →


TSX Venture in the red, Jan. 12-16

The S&P/TSX Venture Composite struggled under the weight of multi-year low crude oil prices during the trading period, as it lost 2.9%, or 19.9 points, en route to a 667.31-point weekly close. Bloomberg data indicates that U.S.-based...Read More →


U.S. equity indexes post losses, Jan. 12-16

News that consumer sentiment in the U.S. reached an 11-year high, along with optimistic comments  from the International Energy Agency that “signs are mounting that the tide will turn” for oil prices, helped U.S. equities rally...Read More →


Commentary: The Peel watershed decision's broader implications

This past December, the Yukon Supreme Court handed down an important aboriginal law ruling that has implications for future mining operations in the Yukon. In The First Nation of Nacho Nyak Dun v. Yukon (Government of), 2014 YKSC 69, Yukon...Read More →


Seabridge proves permits still attainable for big BC mines

VANCOUVER — It’s shaping up to be a big year for Seabridge Gold (TSX: SEA; NYSE: SA) at its large-scale Kerr-Sulphurets-Mitchell (KSM) gold-copper project, 65 km northwest of Stewart, B.C. In late December the company received a...Read More →


Sabina pushes permitting forward at Back River

Sabina Gold & Silver (TSX: SBB) expects to submit a final environmental impact statement (EIS) on its Back River gold project in southwestern Nunavut by mid-year.Read More →


Banks Island hits commercial production at Yellow Giant

Banks Island Gold’s (TSXV: BOZ) Yellow Giant gold-silver project is the latest mine to achieve commercial production in northwestern B.C.Read More →


First Nickel slashes jobs at Lockerby mine

First Nickel (TSX: FNI; US-OTC: FNKLF) is cutting 109 jobs at its Lockerby nickel-copper mine in Ontario’s Sudbury basin, as part of a restructuring plan to lower costs, resume exploration and extend the mine’s life. Read More →


Detour gains 7% after achieving 2014 guidance

Detour Gold (TSX: DGC; US-OTC: DRGDF) has started the year off on the right foot. It shares rose 7% after it reported hitting its 2014 operating targets and provided a conservative guidance for 2015.Read More →