Alamos hit by heavy rains during third quarter

Source: Daily News | 2014-10-24
VANCOUVER — It's the rainy season in Mexico and that's not great news for producer Alamos Gold (TSX: AGI; NYSE: AGI) at its wholly-owned Mulatos heap-leach mine 220 km due east of Hermosillo in Sonora State. On Oct. 23 the company...

Podcast: Rick Rule - Platinum and palladium "in real short supply"

Source: Daily News | 2014-10-23
Sprott US Holdings CEO Rick Rule shares his view on commodities, his investment strategy, and the junior exploration sector.

Lion One moves permitting forward in Fiji

Source: Daily News | 2014-10-23
Fiji’s Department of Environment has approved two key permits for Lion One Metals’  (TSXV: LIO; US-OTC: LOMLF; ASX: LLO) high-grade Tuvatu gold project, about 50 km south of Vatukoula, the country’s oldest operating mine.

NGEx's Los Helados PEA weighed down by hefty capex

Source: Daily News | 2014-10-22
VANCOUVER — There's certainly a lot of copper at NGEx Resources' (TSX: NGQ; US-OTC: NGQRF) Los Helados project 77 km due northwest of Copiapó, Chile, but a newly-released preliminary economic assessment (PEA) calls into...

Kinross sells Fruta del Norte to Fortress Minerals

Source: Daily News | 2014-10-22
Kinross Gold (TSX: K; NYSE: KCG) acquired the Fruta del Norte gold project in Ecuador through its US$1.2 billion acquisition of Aurelian Resources in 2008, but heated local opposition forced the gold producer to abandon the project in 2013...

Volatility hits US stocks, Oct. 13-17 

Source: Print Archives | 2014-10-22
U.S. equities ended the choppy trading week in negative territory. The Dow Jones Industrial Average fell 164 points to 16,380.41, despite a late partial recovery that snapped a six-day losing streak on the back of strong earnings reports. 

Allied Nevada advances US$1.4B Hycroft plan 

Source: Print Archives | 2014-10-22
VANCOUVER — It’s been a tough year for producer Allied Nevada Gold (TSX: ANV; NYSE-MKT: ANV) as it has moved through lower-grade areas at its flagship Hycroft mine, 87 km west of Winnemucca, Nev. The company is hoping an...

A growing Mandalay remains Desjardins' top pick  

Source: Print Archives | 2014-10-22
Mandalay Resources (TSX: MND; US-OTC: MNDJF) has bumped up its full-year production guidance after reporting solid third-quarter numbers.

Puma on the prowl near historic Brunswick mine 

Source: Print Archives | 2014-10-22
Shares of Puma Exploration (TSXV: PUM; US-OTC: PUXPF) traded higher after the junior announced it  has acquired a 6.5 sq. km property with a newly discovered volcanogenic massive sulphide (VMS) zone just 6 km north of the No. 12 orebody at...

Editorial: Some satisfaction for Gold Reserve and Kinross 

Source: Print Archives | 2014-10-22
"Never, never, never give up." More often than not in mining, this proves to be great advice.