Table of Contents

Volume 99 Number 14

May 20 - 26, 2013

Headlines

Thompson Creek sees its future in copper and gold

Thompson Creek Metals  (TCM-T, TC-N) is a go-to name in the molybdenum space, largely thanks to its namesake mine, which is the fourth-largest moly mine in the world.Read More →


Eldorado perseveres on the road to more ounces

VANCOUVER — It has been a busy year for Eldorado Gold (ELD-T), but that’s business as usual for a company that has doubled its gold output in five years, and plans to more than double it again by 2015.Read More →


TrueGold gets a cash boost from Teck

VANCOUVER — Vancouver-based TrueGold Mining (TGM-C) has received a capital shot in the arm and a vote of confidence from  Teck Resources (TCK-T, TCK-N) in the form of a $10-million non-brokered private placement that sees Teck take...Read More →


Coeur's revamp

Idaho-based silver producer Coeur d’Alene Mines (CDM-T, CDE-N) is charting a new course to thrive in the changing and turbulent market by optimizing assets and trimming costs, while still keeping an eye out for growth.Read More →


Glencore Xstrata boosts Hackett River, looks to get lean

The recently merged Glencore Xstrata (GLEN-L) plans to have a leaner corporate structure, but its first resource estimate shows it will still be hefty in terms of minerals in the ground. And while the new company will be mostly guided...Read More →


Editorial: BC Liberal win leaves miners absolutely ecstatic

The B.C. mining community’s heartbreak over the early exit of the Vancouver Canucks from the Stanley Cup playoffs (so fast, fans didn’t even have time to loot the downtown core) has been soothed by the surprise majority win of the...Read More →


South Africa searches for balance in mineral development

VANCOUVER — It has been a tumultuous year for the mining industry in South Africa, as volatile platinum markets and socio-political turmoil raise questions about how the nation’s government can develop its rich mineral reserves...Read More →


Pueblo Viejo partners to give DR gov't more money, and sooner

VANCOUVER — After putting four years and $3.7 billion into developing a massive gold mine that is expected to produce 1 million oz. gold annually during the first five years of its 25-year lifespan, it’s little surprise that the...Read More →


Centamin comments on advisory report ahead of appeal hearing

Centamin (CEE-T, CEY-L) fell 18% after it updated the market on its legal troubles surrounding its Sukari gold mine in Egypt’s Eastern Desert.Read More →


Toronto Stock Exchange, May 6-10

The equity bull run was back on for the period, as the S&P/TSX Composite Index rose 109 points to 12,589.09.Read More →


TSX Venture Exchange, May 6-10

The S&P/TSX Venture Composite Index treaded water during the trading period despite a rally across North American stock markets. The Venture gained 0.2%, or 2.05 points, en route to a 966.73-point close, as commodity prices stayed soft and...Read More →


U.S. markets, May 6-10

U.S. stocks performed well during the trading session, marking three weeks of gains.Read More →


Metals, mining and money markets

Spot prices Courtesy of Scotiabank Tuesday, May 7, 2013     Precious Metals Price...Read More →


Confederation gets to know Newman Todd

VANCOUVER — Two years into exploring the Newman Todd gold project in Ontario’s Red Lake district, Confederation Minerals (CFM-V) has a handle on how to hit the project’s gold-bearing carbonate zones. The result is a high...Read More →


Lundin on track despite first-quarter zinc setback

VANCOUVER — Diversified base metal producer Lundin Mining (LUN-T) is on target to meet its guidance this year despite lower-than-anticipated production during the first quarter at its wholly owned Zinkgruvan zinc-lead-copper mine, 200 km...Read More →


Kinross' $2.7B expansion plan at Tasiast raises more questions

VANCOUVER — Kinross Gold (K-T, KGC-N) has endured plenty of criticism since acquiring Red Back Mining and its Tasiast gold project for a hefty US$7.1 billion three years ago. And the company provided markets with more questions than...Read More →


Kinross improves with a strong first quarter

VANCOUVER — Things are looking up for Kinross Gold (K-T, KGC-N) — financially, at least. The company delivered strong results for its third straight quarter, with profits jumping 50% year-on-year alongside rising production and...Read More →


Allied Nevada ponders scale-back

Allied Nevada Gold (ANV-T, ANV-N) is considering a more modest proposal for expanding its Hycroft mill in Nevada, and that has dismayed the markets.Read More →


Belo Sun drops on Volta Grande's prefeasibility study

Shares of Belo Sun Mining (BSX-T) fell after the company released a prefeasibility study on its 100%-owned Volta Grande gold project in Para State, Brazil,  after markets closed on May 6.Read More →


Consistent gold hits for Red Eagle in Colombia

VANCOUVER — The Santa Rosa gold project in Colombia is producing promising intercepts even as owner Red Eagle Mining (RD-V) updates the project’s gold tally and wraps up a first-pass economic assessment.Read More →


Golden Star gets grade at depth

Golden Star Resources (GSC-T, GSS-N) has released impressive drill results from its Wassa gold mine in Ghana, but the economic implications of the mineralization are still unclear.Read More →



Features

Eldorado perseveres on the road to more ounces

VANCOUVER — It has been a busy year for Eldorado Gold (ELD-T), but that’s business as usual for a company that has doubled its gold output in five years, and plans to more than double it again by 2015.

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Editorial / Commentary