Canada

El Morro gets some loving

Source: Daily News | 2015-08-27
El Morro, the large undeveloped gold-copper project in Chile, will become the focus of a new joint venture (JV) with Goldcorp (TSX: G; NYSE:GG) and Teck Resources (TSX: TCK.B, NYSE: TCK), giving it a better chance of...

TSX Venture plummets, Aug. 17-21 

Source: Print Archives | 2015-08-26
The S&P TSX Venture Composite Index hovered near historic lows during the Aug. 17-21 trading sessions, as it lost 6.2% or 35.69 points en route to a 537.52 point weekly close. Crude oil futures sat close to a six-year low, while the U.S....

Canadian Natural Resources hit by NDP tax hike 

Source: Print Archives | 2015-08-19
VANCOUVER — Diversified energy producer Canadian Natural Resources (TSX: CNQ) took a loss during the second quarter after a corporate tax increase in Alberta, and it isn’t the only outfit in the oil and gas space feeling the...

TSX Venture declines, Aug. 10-14 

Source: Print Archives | 2015-08-19
The S&P/TSX Venture Composite struggled late in the week despite a jump in gold futures, as it dropped 3.39 points en route to a 573.21-point close. Energy and base metal futures finished in the red, and the Chinese currency devaluation...

BAPE report advises against uranium mining in Quebec 

Source: Print Archives | 2015-08-19
The future of Quebec’s uranium industry remains up in the air, after the province’s environmental agency released a report concluding it would be “inappropriate” to allow uranium development — at least for now.

Lake Shore takes big stake in IDM 

Source: Print Archives | 2015-08-19
VANCOUVER — IDM Mining (TSX: IDM; US-OTC: RVRCF) has taken a step toward production at its Red Mountain gold project — located 15 km northeast of Stewart, B.C. — after cleaning up its balance sheet and closing a private...

Vale green-lights underground mine at Voisey's Bay 

Source: Print Archives | 2015-08-19
The natural resources industry of Newfoundland and Labrador — beaten down as it is by the steep decline in iron ore and oil prices — has received a most welcome board-level confirmation from Vale that it will indeed pursue...

Ex-gold explorer dives into Select Sands  

Source: Print Archives | 2015-08-19
Select Sands’ (TSXV: SNS; OTC: CLICF) president and CEO Rasool Mohammad has chosen silica “frac” sand over gold, and hopes his bet will pay off with success at the junior’s frac sand Sandtown property in Arkansas, where...

New Gold inks Rainy River deal with Royal Gold 

Source: Print Archives | 2015-08-12
VANCOUVER — Canadian producer New Gold (TSX: NGD; NYSE-MKT: NGD) appears to have filled a funding gap at its Rainy River gold mine under construction 65 km northwest of Fort Frances, Ont., with a US$175-million streaming deal with...

BMO sees 'better times ahead' for Primero Mining 

Source: Print Archives | 2015-08-12
VANCOUVER — Primero Mining (TSX: P; NYSE: PPP) is a favoured mid-tier gold producer amongst analysts, and it isn’t hard to see why after a strong second quarter, marked by competitive operating costs and signs of...

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