Canada

Iamgold to sell Niobec mine

Source: Daily News | 2014-09-16
President and chief executive Steve Letwin of Iamgold (TSX: IMG) told the Denver Gold Forum that he is confident the company can sell its Niobec mine in Quebec within the next six to twelve months for about $500 million after taxes.

Juniors remain optimistic at the Precious Metals Summit

Source: Daily News | 2014-09-16
BEAVER CREEK, COLORADO — The fourth annual Precious Metals Summit, held at an exclusive ski resort in Beaver Creek, Colo., kicked off on Sept. 10, with more than 100 select juniors presenting over two days.

Transition Metals and Implats to resume drilling at Sunday Lake

Source: Daily News | 2014-09-15
In April the Northwestern Ontario Prospectors Association awarded the Bernie Schneiders Discovery of the Year Award to joint-venture partners Transition Metals (TSXV: XTM) and Impala Platinum Holdings (JSE: IMP) for their discovery in November...

TSX Venture retreats for second week, Sept. 8-12

Source: Daily News | 2014-09-15
VANCOUVER — The S&P TSX Venture Composite trended downward for a second consecutive week during the Sept. 8-12 trading period, as it lost 6.96 points en route to a 987.93 point close. Commodity futures continued to struggle during...

Ontario mines still power Goldcorp

Source: Daily News | 2014-09-15
Goldcorp (TSX: G; NYSE: GG) has been so growth-oriented over the past decade — building new mines across the Americas and snapping up gold assets left and right — that it’s easy to forget sometimes just how productive its...

De Beers studies Victor extension as mine life wanes

Source: Daily News | 2014-09-12
With a mine life that ends in 2018, the ore is running out at Ontario’s only diamond mine — De Beers’ Victor mine, 90 km west of Attawapiskat.

Sudbury Platinum advances Aer-Kidd in Sudbury

Source: Daily News | 2014-09-12
Privately held Sudbury Platinum Corporation, in which project generator Transition Metals Corp. (TSXV: XTM) holds a 57% stake and Royal Nickel (TSX: RNX; US-OTC: RNKLF) a 23% interest, has acquired 100% ownership of the Aer-Kidd project,...

Detour improves head grades, struggles with mill rates

Source: Daily News | 2014-09-12
VANCOUVER — Miner Detour Gold (TSX: DGC; US-OTC: DRGDF) had a mixed second quarter, as it reported higher-than-anticipated head grades at its wholly-owned Detour Lake operation in northeastern Ontario, but ongoing ramp struggles...

Dundee: Premier 'living up to its name'

Source: Daily News | 2014-09-11
When it comes to development-stage assets, those offering a combination of higher-grade, simple mining and low-operating costs, and favourable jurisdictions are typically the ones that are acquired by larger producers, analysts at Dundee...

Selwyn strikes deal to sell ScoZinc for $17.5M

Source: Daily News | 2014-09-11
Selwyn Resources (TSXV: SWN) has agreed to sell its main asset, the ScoZinc mine, mill, and related properties in Nova Scotia, for $17.5 million to a private company.

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