Canada

Newly-minted IDM Mining sets it sights on B.C.'s Red Mountain

Source: Daily News | 2014-04-23
VANCOUVER — For president and CEO Robert McLeod and his team at Revolution Resources (TSX: RV), the acquisition of the Red Mountain gold property in northwestern British Columbia is a lot like coming home.

Editorial: Diamonds a lodestar in Canadian mining firmament

Source: Daily News | 2014-04-23
While much of the global mining industry has been limping along under sagging commodities prices and looming oversupply, one of the brightest spots has been the Canadian diamond-mining industry, which has weathered its wild, rocky youth and...

Osisko drill results lift Abitibi Royalties to new heights

Source: Daily News | 2014-04-23
Yamana Gold (TSX: YRI) and Agnico Eagle Mines (TSX: AEM) bid for Osisko Mining (TSX: OSK) looks just a bit better today than it did yesterday.

Sandstorm axes diversified metals and energy arm

Source: Daily News | 2014-04-22
VANCOUVER — According to Sandstorm Gold (TSX: SSL; NYSE-MKT: SAND) president and CEO Nolan Watson, the calls from shareholders requesting he "clean up" sister company Sandstorm Metals & Energy (TSXV: SND; US-OTC: STTYF) had been...

Goldcorp to end its fight for Osisko

Source: Daily News | 2014-04-21
Goldcorp (TSX: G; NYSE: GG) is bowing out of the race for Osisko Mining (TSX: OSK; US-OTC: OSKFF) by announcing it won’t amend its $3.6-billion hostile takeover offer for the junior producer and its large Canadian Malartic gold...

TSX nears six-year high before Easter, April 14-17

Source: Daily News | 2014-04-21
The Toronto stock market had a strong run heading into the Easter holiday, with the S&P/TSX Composite Index gaining 24 points to 14,500.39, nearing a six-year high on the back of positive Chinese and U.S. economic data.

Weakest met coal price in six years forces Walter to shutter mines

Source: Daily News | 2014-04-18
VANCOUVER – In 2011 the metallurgical coal market was hot. Chinese demand seemed insatiable and floods had disrupted Australian supplies, pushing prices as high as US$300 a tonne.

Orex Exploration completes Goldboro PEA

Source: Daily News | 2014-04-17
When mining financier Willie McLucas first visited Orex Exploration’s (TSXV: OX) Goldboro project in Nova Scotia last August, he was excited by what he saw: One of Canada’s earliest gold mines that could become a producer once again...

Royal Nickel buys 25% of Sudbury Platinum for $1.5M

Source: Daily News | 2014-04-17
Toronto-based explorer Royal Nickel (TSX: RNX) has seen its shares climb more than 50% in the past week, after providing the market an upbeat outlook on nickel prices and announcing that it has acquired a minority interest in a private company...

Abitibi Royalties offers another way to play Canadian Malartic

Source: Daily News | 2014-04-17
Not everyone is sitting on the piles of cash that Agnico-Eagle Mines (TSX: AEM; NYSE: AEM), Yamana Gold (TSX: YRI; NYSE: AUY) and Goldcorp (TSX:G; NYSE: GG) are contemplating spending to acquire Osisko Mining's (TSX: OSK) Canadian Malartic...

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