Wall Street gains, April 20-24

Source: Daily News | 2015-04-27
U.S. equities swung back into the positive territory. The Dow increased 1.4% to 18,080.14 points and the S&P 500 added 1.8% to 2,117.69. The Nasdaq rose 3.2% to 5,092.08. The gold price, however, fell US$15.30 to US$1,180.40 per oz.

Mines Management reaches milestone at Montanore

Source: Daily News | 2015-04-23
It’s taken more than a decade, but Mines Management (TSX: MGT; NYSE: MGN) believes it is finally on the brink of pushing its Montanore project in northwestern Montana past the permitting finishing line.The United States Forest Service...

New Armenian legislation is a plus for Lydian 

Source: Print Archives | 2015-04-22
Lydian International (TSX: LYD; US-OTC: LYDIF) says new mine ramp gradients will help it save up to $100 million in operating costs, and trim total cash costs to US$600 per oz. from US$642 per oz. at its Amulsar gold project in southern Armenia.

Foran finds promising results at the Hanson Lake camp  

Source: Print Archives | 2015-04-22
Foran Mining (TSXV: FOM; US-OTC: FMCXF) has wrapped up the first round of drilling this year on two deposits near its flagship McIlvenna Bay project in Saskatchewan’s Hanson Lake camp, to see if it could delineate more resources near the...

UBC's MDRU celebrates 25th anniversary  

Source: Print Archives | 2015-04-22
VANCOUVER — The Mineral Deposit Research Unit (MDRU) at the University of British Columbia (UBC) held its 25th anniversary celebration in early April at the Vancouver Convention Centre, where Peter Bradshaw, cofounder and Canadian Mining...

Technical troubles dog Copper Mountain in Q1 

Source: Print Archives | 2015-04-15
Mechanical difficulties at Copper Mountain Mining’s (TSX: CUM) 75%-owned Copper Mountain mine in southern B.C. involving a transformer failure on one of the ball mills in February and a 10-day disruption with the regrind mill in March...

Nautilus targets 2018 for undersea mining 

Source: Print Archives | 2015-04-15
VANCOUVER — It’s been a bounce-back 12 months for junior Nautilus Minerals (TSX: NUS; US-OTC: NSUMF), which has overcome a major sociopolitical hurdle to get back on track to develop the world’s first undersea mining operation...

Panoro's Cotabambas PEA a good start 

Source: Print Archives | 2015-04-15
Analysts believe Panoro Minerals’ (TSXV: PML; US-OTC: POROF) preliminary economic assessment (PEA) on the Cotabambas project shows the copper-gold-silver-molybdenum porphyry deposit is viable, despite failing to impress investors. 

Agnico to consolidate El Barqueno with Soltoro bid 

Source: Print Archives | 2015-04-15
VANCOUVER — It’s been a busy twelve months on the acquisition front for Agnico Eagle Mines (TSX: AEM; NYSE: AEM), and the company continued its drive on April 10 with a $32-million bid for Toronto-based explorer Soltoro (TSXV: SOL;...

Klondex adds life to Midas with aggressive drilling 

Source: Print Archives | 2015-04-15
When Klondex Mines (TSX: KDX; US-OTC: KLNDF) bought the Midas gold-silver mine in Nevada from Newmont Mining (NYSE: NEM) in early 2014, Newmont had penciled in March 2015 as the date the underground operation would reach the end of its mine...