Headlines

Volume 100 Number 25

Aug 4 - 10, 2014

Bradford Cooke aims to repeat Endeavour success at Santa Fe

VANCOUVER — Bradford Cooke and Endeavour Silver (TSX: EDR; NYSE:  EXK) have revitalized a number of historic Mexican silver districts, and the team is now looking to take that model into the U.S. with a deal between...Read More →


Constantine starts season at Palmer with nice hit

VANCOUVER — The second hole of the season at Constantine Metal Resources’ (TSXV: CEM; US-OTC: CNSNF) Palmer project in southeast Alaska has returned a high-grade copper–zinc intercept from 150 metres below the defined...Read More →


Fipke's Northern Uranium thinks outside the basin

VANCOUVER — Conventional thinking amongst Canadian uranium explorers has been shifting over the past few years, and Northern Uranium (TSXV: UNO; US-OTC: NOURF) is hoping to be the next outfit to make a world-class discovery outside...Read More →


Claim Post develops Manitoba frac sand

After two years of careful groundwork, Toronto-based junior Claim Post Resources (TSXV: CPS; US-OTC: CLMPF) is well on its way to becoming a provider of premium white silica sand proppant to the oil and gas industry in the U.S. and Canada.Read More →


Indonesia threatens Newmont's licence for Batu Hijau

VANCOUVER — The Indonesian government is threatening to terminate the Batu Hijau copper–gold mine contract if owner Newmont Mining (TSX: NMC; NYSE: NEM) does not withdraw a legal challenge to the country’s new export taxes.Read More →


Editorial: Cliffs and Casablanca - the start of a beautiful friendship?

It’s the biggest shareholder revolt of the current downturn in mining, but as we go to press it looks like Casablanca Capital has succeeded fulsomely in its long-shot bid to swamp the 11-member board of Cliffs Natural Resources with six...Read More →


Commentary: Managing human rights problems before they arise

As people become ever more aware of what’s going on in the world — including the impact of commercial activity on human rights — expectations inevitably rise. This in turn increases expectations of how companies and...Read More →


Pebble could be denied before environmental approval process starts

VANCOUVER — The U.S. Environmental Protection Agency (EPA) says it might employ a little-used veto power to block development of the Pebble mine in Alaska’s Bristol Bay, the latest twist in a long battle over the proposed mine.Read More →


TSX climbs, July 21-25

The S&P/TSX Composite Index gained 188.47 points to close the trading week at 15,455.04. The S&P/TSX Capped Diversified Metals & Mining Index advanced 32.39 points to 924.02, while the S&P/TSX Global Gold Index stayed relatively...Read More →


TSX Venture back in the green, July 21-25

The S&P/TSX Venture Composite Index registered a modest 5.2-point gain en route to a 1,017.44-point close. Markets were buoyed by an increase in base metal and energy futures, though analysts noted light mid-year trading volumes.Read More →


U.S. markets unsettled, July 21-25

The gold price faltered despite rising geopolitical tension across Europe, and down with it went the Dow Jones Industrial Average, which lost 139.61 points over the week to close at 16,960.57. The S&P 500 fared better, closing almost even...Read More →


Low coal prices cut into Teck's profits

VANCOUVER — Teck Resources’ (TSX: TCK.B; NYSE: TCK) second quarter profit fell to $72 million, down more than 70% compared to the same quarter last year because of low metallurgical coal prices.Read More →


BMO looks for leverage to soaring zinc price

With several major zinc mines slated to close in the next few years, zinc prices have responded accordingly — climbing 12% year-to-date and 24% over the last 12 months.Read More →


RB Energy shares tank on production delay, financing needs

Shares in RB Energy (TSX: RBI; US-OTC: RBEIF) tumbled by 28% on news that technical issues would delay production at its Quebec Lithium project, and that the company needs another cash infusion just two months after closing a $22-million...Read More →


Donner Metals acquires Preissac nickel-copper-PGM property

If you want to find nickel mineralization in Quebec, probably one  good place to start is near the past-producing Marbridge nickel mine — the only mine to have produced nickel in the Abitibi region and the first nickel sulphide...Read More →


Ascot shows old Premier mine has more gold to give

VANCOUVER — Sometimes the best way to find new mineralization is not to look beside an old mine, but to drill right through it. At least that is what the latest drill results from Ascot Resources’ (TSXV: AOT) Premier...Read More →