TSX climbs, July 21-25

Source: Daily News | 2014-07-28
The S&P/TSX Composite Index gained 188.47 points to close the July 21-25 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...

General Moly aims to 'maximize upfront value' in Liberty PFS

Source: Daily News | 2014-07-25
VANCOUVER — Molybdenum oxide prices have been on the rise over the past six months — jumping approximately 40% to US$13.40 per lb. at the time of writing — and that's good news for U.S.-based General Moly (TSX: GMO; NYSE-MKT:...

Low coal prices cut into Teck's profits

Source: Daily News | 2014-07-24
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 coal prices.

Aquila rises on Back Forty's positive PEA results

Source: Daily News | 2014-07-23
Shares of Aquila Resources (TSX: AQA) rose 15% after the Toronto-based firm published an updated preliminary economic assessment (PEA) for its gold-and zinc-rich Back Forty project in Michigan.

BCSC accuses analyst at Mt Kellett of improper insider trading  

Source: Print Archives | 2014-07-23
The B.C. Securities Commission is alleging that a Hong Kong-based analyst working for a global institutional investor in 2012 tipped his sister about information regarding a cost overrun that had not been publicly disclosed at Baja...

Barrick finds Saudi partner for stalled Jabal Sayid project 

Source: Print Archives | 2014-07-23
VANCOUVER — Saudi Arabian Mining Co. is buying a 50% stake in the Jabal Sayid copper project from Barrick Gold (TSX: ABX; NYSE: ABX) for US$210 million.

Panoro could get snapped up, Laurentian says 

Source: Print Archives | 2014-07-23
Panoro Minerals (TSXV: PML; US-OTC: POROF) has completed a $5.8-million equity financing of 13.8 million shares at 42¢ underwritten by Laurentian Bank Securities and National Bank Financial. The money will help further exploration work at...

Intergeo's rescue of Mercator on brink of collapse  

Source: Print Archives | 2014-07-23
Mercator Minerals (TSX: ML; US-OTC: MLKKF) will likely be in more financial trouble than ever, if the proposed business combination with Russia’s Intergeo falls through.

TSX gains despite geopolitical woes, July 14-18  

Source: Print Archives | 2014-07-23
The S&P/TSX Composite Index ended the week in positive territory, advancing 141.07 points to 15,266.57, as investors shrugged off war in the Middle East and Ukraine, and focused on corporate earnings. The S&P/TSX Capped Diversified...

Lundin on track at Eagle in the UP, responds to acquisition speculation  

Source: Print Archives | 2014-07-23
VANCOUVER — Lundin Mining (TSX: LUN; US-OTC: LUNMF) looks to be on point at its newest acquisition, namely the Eagle nickel–copper mine, 45 km northwest of Marquette, Mich. The base metal miner picked up the asset from Rio...