Capstone's 2015 outlook 'disappointing,' BMO says 

Source: Print Archives | 2015-01-21
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....

First Nickel slashes jobs at Lockerby mine 

Source: Print Archives | 2015-01-21
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. 

Imperial Metals raises $50M 

Source: Print Archives | 2015-01-21
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...

Seabridge proves permits still attainable for big BC mines 

Source: Print Archives | 2015-01-21
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...

Goldcorp bids $526M for Probe Mines  

Source: Print Archives | 2015-01-21
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.

Aura Minerals suspends mining at Aranzazu 

Source: Print Archives | 2015-01-21
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...

U.S. equities slip, Jan.5-9 

Source: Print Archives | 2015-01-14
The U.S. market fell during the week amid lower oil prices. The S&P 500 Index slipped 13.39 points to 2,044.81, while the Dow Jones Industrial Average fell 95.62 points to 17,737.37. The Nasdaq Composite closed down 22.74 points at...

Ivanhoe tables prefeasibility study on Platreef PGM project 

Source: Print Archives | 2015-01-14
In Ivanhoe Mines’ (TSX: IVN; US-OTC: IVPAF) first-ever conference call on its massive Platreef project in South Africa, executive chairman and company founder Robert Friedland declared that the orebody “is destined to change the...

Revelo Resources courts big-name partners in Chile 

Source: Print Archives | 2015-01-07
VANCOUVER — It’s a new year and a new direction for junior Revelo Resources (TSXV: RVL). After a merger in late 2014 the newly minted company is aiming to leverage its exploration experience and expansive property portfolio in...

Skeena seeks next discovery in BC's Golden Triangle 

Source: Print Archives | 2014-12-31
VANCOUVER — It’s been more than two decades since veteran geologist Ron Netolitzky won the Prospectors & Developers Association of Canada’s Bill Dennis Prospector of the Year award for his role in exploring and financing...