Table of Contents

Volume 99 Number 15

May 27 - Jun 2, 2013

Headlines

Sunridge brightens Asmara's economics

Sunridge Gold (SGC-V) has outlined stronger economics for its prized Asmara copper-zinc-gold project in Eritrea in a feasibility study that outshines last year’s prefeasibility study. Read More →


Cameco fires ups third ISR uranium mine in US

The North Butte in-situ uranium mine in Wyoming has started initial production as a satellite facility for Cameco’s (CCO-T, CCJ-N) Smith Ranch-Highland in-situ mine.Read More →


Drilling returns more silver and gold at Fortuna's mines

VANCOUVER — Gold and silver prices struggled in April, which meant most precious metal producers saw their share prices slide. For Fortuna Silver Mines (FVI-T, FSM-N), however, a slumping share price belies strong financials and promising...Read More →


Juniors like Coro face tough choices

Difficult markets and strained balance sheets are dogging junior mining companies across the industry, forcing them to make some hard decisions about how to manage their assets.  Read More →


Esaase prefeasibility puts Asanko on production path

VANCOUVER — With a new name and a new prefeasibility study for its flagship gold project in Ghana, Asanko Gold (AKG-T, AKG-N) is pushing towards production.Read More →


Commentary: Proposed regulatory changes for venture issuers could cut red tape

Over the past decade, we’ve seen a push for increased rigor and disclosure in capital markets. This is a natural response to the chaos in the aftermath of the global financial crisis. Regulators have responded to investor concerns by...Read More →


Editorial: Clash of the Titans

Canadians trying to make sense of what’s going on in the upper echelons of the newly merged Glencore Xstrata are getting a feel of what it must have been like to be an ancient Greek peasant looking up at his distant panoply of...Read More →


K+S teams up with NGO to help Ugandan farmers

Germany-based fertilizer giant K+S AG (SDF-F) has signed a co-operation agreement with Sasakawa Africa Association in an effort to help farmers in Uganda.Read More →


Feds join miners, universities to improve exploration success

The Canadian government is joining more than 24 mining companies and 17 Canadian universities to launch a collaborative research project to improve exploration techniques in the mining industry.Read More →


Toronto Stock Exchange, May 13-17

The S&P/TSX Composite Index rode an up-and-down period and came out ahead, as it gained 41 points to 12,613.12, largely on sentiment that the U.S. economy is recovering.Read More →


TSX Venture Exchange, May 13-17

The S&P/TSX Venture Composite Index dropped 3.3% — or 32.05 points during the period — with falling precious metal prices and a weaker Canadian dollar weighing on the market. Upbeat signs from the U.S. provided a late boost...Read More →


U.S. markets, May 13-17

U.S. markets continued their upward march, marking their fourth straight week of gains. The Dow Jones Industrial Average advanced 235.91 points, or 1.56%, to close the week at 15,354.40, while the S&P 500 Index rose 33.77 points, or 2.07%,...Read More →


Commentary: BC election offers pipeline lifeline

VANCOUVER — Pipelines have become a hot topic across Canada. The debate over TransCanada’s (TRP-T, TRP-N) Keystone XL continues to rage as decision day inches nearer. The idea to reverse Enbridge’s (ENB-T, ENB-N) Line 9 to...Read More →


Metals, mining and money markets

Spot prices Courtesy of Scotiabank Tuesday, May 20, 2013     Precious Metals Price...Read More →


Who's afraid of CNOOC?

The $15.1-billion takeover last year of oilsands producer Nexen by state-owned China National Offshore Oil Co., or CNOOC (CEO-N), tested Canadians’ willingness to allow foreign state-controlled firms full access to the country’s...Read More →


Titanium digs for value in oil sands tailings

VANCOUVER — Titanium Corp. (TIC-V) sees an opportunity in the waste being created by the big bitumen business in northeastern Alberta. With backing from the federal and provincial governments, the Edmonton-based junior is aiming to...Read More →


Husky ready to make the Sunrise

There are an estimated 170 billion barrels of oil in Alberta’s oilsands, but getting them all out is proving to be a costly venture. As with the metal mining industry, mining for oil has been subjected to steep cost inflation over the...Read More →


Suncor cancels Voyageur upgrader

It’s not just companies mining metals that are tightening their belts and concentrating on capital allocation discipline.Read More →


Athabasca finds aggregate demand remains strong

VANCOUVER — Despite recent uncertainty surrounding production in Canada’s oil sands — due to issues like volatile crude prices and ongoing pipeline debates — growth remains the word for supply-oriented companies in the...Read More →


Kaminak drills for more mineralization at Coffee

VANCOUVER — With every drill hole it punches into the ground, Kaminak Gold (KAM-V) is connecting the dots at its Coffee gold project in the Yukon.Read More →


Goldcorp's earnings squeezed

Goldcorp (G-T, GG-N) may have surpassed its long-time rival Barrick Gold (ABX-T, ABX-N) in terms of market capitalization, but that doesn’t mean the company has been insulated from the same bear market that has felled other...Read More →


North American Palladium disappoints, gets punished

North American Palladium (PDL-T, PAL-N) failed to impress with its latest quarterly results, and, given the prevailing bearish sentiment towards mining stocks, the company’s shares felt the full weight of the market’s...Read More →


Centerra's shares jump on unexpectedly strong Q1

VANCOUVER — There are quite a few moving pieces at Toronto-based Centerra Gold’s (CG-T) flagship Kumtor gold mine in Kyrgyzstan. But despite some uncertainty, the company was able to register a strong first quarter that includes...Read More →



Features

Drilling returns more silver and gold at Fortuna's mines

VANCOUVER — Gold and silver prices struggled in April, which meant most precious metal producers saw their share prices slide. For Fortuna Silver Mines (FVI-T, FSM-N), however, a slumping share price belies strong ...

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Editorial / Commentary