Canada

Timmins Gold picks up Goldgroup Mining's Caballo Blanco project

Source: Daily News | 2014-12-18
Timmins Gold (TSX: TMM; NYSE: TGD) has been looking at Goldgroup Mining’s (TSX: GGA) Caballo Blanco project in Mexico for a couple of years now, and has finally inked a deal to acquire 100% of the asset.

AuRico eyes a revival at B.C.'s Kemess gold-copper mine

Source: Daily News | 2014-12-17
VANCOUVER — Toronto-based miner AuRico Gold (TSX: AUQ; NYSE: AUQ) is hoping it can give the past-producing Kemess gold-copper project a new lease on life.

Sherritt surges as Obama ends US isolation of Cuba

Source: Daily News | 2014-12-17
U.S. President Barack Obama's call for a "new approach" in Washington's relationship with Cuba, including the establishment of diplomatic relations and an easing of economic and travel restrictions, lifted the shares of Sherritt International...

Cash preservation is the name of the game at Alderon 

Source: Print Archives | 2014-12-17
With iron ore prices off 49% year-on-year at US$71 per tonne, Alderon Iron Ore (TSX: ADV; NYSE-MKT: AXX) says it has no choice but to start a “comprehensive” cash preservation program.

AME BC announces 2014 award winners 

Source: Print Archives | 2014-12-17
The Association for Mineral Exploration British Columbia (AME BC) has announced the recipients of its annual awards for 2014.

Thompson Creek shutters Endako 

Source: Print Archives | 2014-12-17
VANCOUVER — Rough commodity markets are forcing miners to make tough decisions, and Colorado-based Thompson Creek Metals (TSX: TCM; NYSE: TC) is the most recent operator driven to place a struggling asset on temporary care and maintenance...

Editorial: More Tsilhqot'in fallout in BC 

Source: Print Archives | 2014-12-17
One recent resource development story in B.C. shows how the ground rules for project developers are changing forever in the province after the Supreme Court of Canada’s precedent-setting Tsilhqot’in decision in June and Imperial...

TSX Venture hits new low, Dec. 8-12 

Source: Print Archives | 2014-12-17
The S&P/TSX Venture Composite Index finished in the red after losing 6.9%, or 48.21 points, en route to a 653.78-point weekly close. Energy stocks floundered during a freefall in crude oil prices, as the International Energy Agency slashed...

Dundee: Gold miners continue to wrestle with costs 

Source: Print Archives | 2014-12-17
VANCOUVER — Cost optimization has been an underlying theme for gold miners over the past few years. Falling metal prices and frugal capital markets have made it hard to balance sustainable production growth and strong profit margins. In...

Letter to the Editor: Tough to turn a profit at San Antonio 

Source: Print Archives | 2014-12-17
From April 1941 to June 1968, my late father Cliff Gibson was chief geologist at the San Antonio gold mine in Bissett, Man. Every year it made money and paid a dividend. 

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