Headlines

Volume 100 Number 33

Sep 29 - Oct 5, 2014

Rule, Cook on navigating today's choppy waters

BEAVER CREEK, COLORADO — In a keynote address at the recent Precious Metals Summit, Sprott US Holdings chairman Rick Rule and geologist Brent Cook dug into  the realities of the exploration game and how best to conduct due diligence...Read More →


Probe Mines brings ex-Barrick CEO on board

On Sept. 16, a day after Jamie Sokalsky stepped down as Barrick Gold’s (TSX: ABX; NYSE: ABX) president and CEO, came news of his first post-Barrick appointment: director and chairman of junior Probe Mines (TSXV: PRB; US-OTC: PROBF).Read More →


Work on Oyu Tolgoi underground to resume in Q1

Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) and the Mongolian government have resolved several issues that have held up the underground expansion of the Oyu Tolgoi copper-gold mine in the country.Read More →


Uranium Energy sketches out uranium mine in AZ

Uranium Energy (NYSE-MKT: UEC) acquired the Anderson uranium project in May 2011 through an all-stock merger with Concentric Energy valued at US$4 million.Read More →


Capstone tweaks Minto's mine plan after permit delay

Capstone Mining (TSX: CS; US-OTC: CSFFF) is modifying the mine plan at its Minto copper-gold-silver mine in the Yukon, after announcing that it had not received its amended water-use licence from the Yukon Water Board to pre-strip the...Read More →


Editorial: Gold in Colorado

This September’s twin gold conferences in Colorado in some ways mark a new era for gold miners, with a new-found humbleness and overall confidence in the industry’s fundamentals.Read More →


Commentary: Rise and growth of gold ETFs

The last decade has been an eventful one for gold markets. We have seen a remarkable 12-year bull market, a shift in demand from the developed West to the rising East, and global central banks as net buyers of gold for the first time since...Read More →


Fednav sends nickel through the Northwest Passage

On Sept. 19 the MV Nunavik embarked on a historic 29-day journey from Deception Bay in Quebec’s far north to deliver 21,000 tonnes of nickel concentrate to Bayuquan, in China’s Liaoning province.Read More →


TSX struggles, Sept. 15-19

The S&P/TSX Composite Index fell 266.23 points, or 1.71% to 15,265.35, while the S&P/TSX Capped Diversified Metals & Mining Index plunged 7.7%, or 67.86 points, to finish the week at 813.12. The S&P/TSX Global Mining Index...Read More →


TSX Venture closes in the red, Sept. 15-19

The S&P/TSX Venture Composite hit a four-week low during the trading period, losing 32.8 points before finishing the week at 955.06 points. Commodity futures struggled, with precious and base-metal contracts on the decline. Meanwhile, the...Read More →


US stocks rise, Sept.15-19

U.S. equities ended the trading week in positive territory. The Dow Jones Industrial Average added 292 points to end at 17,279.74, while the S&P 500 Index rose 25 points to 2,010.40. The tech-heavy Nasdaq Composite Index jumped 12 points to...Read More →


Metals, mining and money markets

Spot prices Courtesy of Scotiabank Tuesday, September 23, 2014 Precious Metals Price...Read More →


Santacruz lands US$28.4M deal to fund second mine

Santacruz Silver Mining (TSXV: SCZ) has signed a US$28.4-million prepaid silver-purchase agreement to help fund its San Felipe silver-lead-zinc project in Sonora state, Mexico.Read More →


Challenges abound for diamond industry, despite growing demand: De Beers

In its first detailed public report on the state of the diamond industry, diamond miner and retailer De Beers paints a picture of an industry that will likely struggle to meet demand while facing increasing competition from other luxury...Read More →


Newstrike touts low costs in Ana Paula PEA

VANCOUVER — Four years ago junior Newstrike Capital (TSXV: NES; US-OTC: NWSKF) scored a strategic slice of Mexico’s emerging Guerrero gold belt (GGB) in the form of its wholly owned Ana Paula gold asset, and now the company is...Read More →


Commentary: Plan Nord+ - Fresh breezes from the Belle Province

Having just recently attended the Precious Metals Summit in Beaver Creek, Colo., and the Denver Gold Show, I was pleased to see that even with dampened enthusiasm on the show floors due to the downward-trending price of gold, there was plenty...Read More →