Volume 100 Number 11

Apr 28 - May 4, 2014

GoldSource sees path to production in Guyana

VANCOUVER — Down markets can yield opportunity, and for junior GoldSource Mines (TSXV: GXS; US-OTC: GXSFF) that opportunity came in the form of a February merger with Guyana-focused explorer Eagle Mountain Gold (TSXV: Z).Read More →

Zazu, Teck ready Lik in Alaska for coming zinc boom

In April, CRU analyst Helen O’Cleary forecast that enormous deficits of zinc will emerge in 2017 and 2018.Read More →

Juan de Herrera shows the right signs for Precipitate Gold

VANCOUVER — “It’s been exciting — there are a lot of good things going on here that just all seem to be aligning,” said Precipitate Gold (TSXV: PRG; US-OTC: PREIF) president and CEO Jeffery Wilson in an interview...Read More →

Sandstorm axes its diversified metals and energy arm

VANCOUVER — Sandstorm Gold (TSX: SSL, NYSE-MKT: SAND) president and CEO Nolan Watson says the calls from shareholders requesting he “clean up” sister company Sandstorm Metals & Energy (TSXV: SND, US-OTC: STTYF) have...Read More →

Dalradian boosts Curraghinalt in Northern Ireland

VANCOUVER — According to CEO Patrick Anderson, explorer Dalradian Resources (TSX: DNA) has developed a “superior geological model” at its Curraghinalt lode-gold deposit 127 km west of Belfast, Northern Ireland, that is...Read More →

Editorial: Diamonds a lodestar in Canadian mining firmament

While much of the global mining industry has been limping along under sagging commodities prices and looming oversupply, one of the brightest spots has been the Canadian diamond-mining industry, which has weathered its wild, rocky youth and...Read More →

Metals Commentary: What's behind molybdenum's dramatic price response

Molybdenum prices in Europe have risen rapidly after the World Trade Organization (WTO) confirmed that the export duties and quotas imposed by China on molybdenum are incompatible with its WTO obligations. This report concludes a dispute...Read More →

Suppliers news

Joy Global snaps up Sudbury firmRead More →

TSX nears six-year high before Easter, April 14-17

The Toronto stock market had a strong run heading into the Easter holiday, with the S&P/TSX Composite Index gaining 24 points to 14,500.39, nearing a six-year high on the back of positive Chinese and U.S. economic data.Read More →

Venture quiet in run-up to Easter, April 14-17

The S&P/TSX Venture Composite Index was quiet during the four-day week before Easter. Two days of small gains overturned two days in the red, lifting the index 1 point to 998.77. Daily trading volumes averaged 66.8 million.Read More →

U.S. markets make up for previous losses, April 14-17

U.S. markets bounced back over the holiday shortened period after two straight periods of giving up ground. A modest surprise to the upside in China’s growth domestic product drove gains for the Dow Jones Industrial Average, which...Read More →

Weak met coal prices forces Walter to shutter BC mines

VANCOUVER — In 2011 the metallurgical coal market was hot. Chinese demand seemed insatiable and floods had disrupted Australian supplies, pushing prices as high as US$300 a tonne.Read More →

Inmet alumnus Tilk to replace Doyle as PotashCorp CEO

Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) has surprised analysts by revealing that its long-time president and CEO Bill Doyle will be replaced in July by mining veteran Jochen Tilk, who apparently has no potash or fertilizer...Read More →

Endeavour Silver mines new high-grade zone at El Cubo

VANCOUVER — Endeavour Silver (TSX: EDR; NYSE: EXK) has done it again.Read More →

Clifton Star refines Duparquet gold mine plan

VANCOUVER — Clifton Star Resources (TSXV: CFO; US-OTC: CFMSF) could turn its Duparquet project in Quebec into an open-pit gold mine for $394 million, according to a new prefeasibility study.Read More →

Argonaut dips despite good Q1 production results

Toronto-based Argonaut Gold (TSX: AR; US-OTC: ARNGF) reported slightly higher first-quarter production from its two gold–silver mines in northern Mexico, but that wasn’t enough to pick up the junior’s recently declining stock,...Read More →

Timmins Gold hits the right notes at San Francisco

VANCOUVER — Mexico-focused producer Timmins Gold (TSX: TMM; NYSE-MKT: TGD) is riding positive momentum to start 2014 as the company exceeds analyst expectations and sets production records at its San  Francisco gold–silver...Read More →

Rio Tinto struggles with Pilbara iron ore, Oyu Tolgoi

VANCOUVER — Despite setting production records during the first quarter, Rio Tinto (NYSE: RIO; LSE: RIO) is not off to the best start to 2014. The company struggled with bad weather at its iron-ore operations in Western Australia,...Read More →