Daily News

AuRico CEO: 'We're well situated for challenging markets'

VANCOUVER — Newly-minted AuRico Metals (TSX: AMI; US-OTC: ARCTF) is poised to hit the ground running with a strong capital position and a portfolio of royalty assets that make it cash flow positive right out of the gate.
Sep 3, 2015 11:28PM

Commentary: African expatriate salaries continue to fall

Expatriate salary benchmarks in Africa continue to trend downward with a further 10% drop in base salaries over the past 12 months, according to research by our firm Globe 24-7, an African-specialist Human Resources consultancy.
Sep 3, 2015 6:27PM

Rambler Metals and Thundermin propose merger

Less than two months after a positive prefeasibility study demonstrated that Rambler Metals & Mining (TSXV: RAB LSE:RMM) could extend the life of its underground Ming copper-gold mine in Newfoundland's Baie Verte region from six to 21...
Sep 3, 2015 4:53PM

Fission Uranium's PEA shows strong economics at Triple R

A preliminary economic assessment (PEA) on Fission Uranium’s (TSX: FCU; OTCQX: FCUUF) shallow, high-grade Triple R uranium deposit outlines the project could become a low-cost uranium producer.
Sep 3, 2015 2:57PM

First Mining pursues Gold Canyon, PC Gold to grow its gold inventory

First Mining Finance (TSXV: FF; US-OTC: FFMGF) is buying Gold Canyon Resources (TSXV: GCU) and PC Gold (TSXV:PKL) in separate all-share deals totaling roughly $64 million to create a leading gold exploration company.
Sep 2, 2015 5:02PM

Bacanora, Rare Earth Minerals sign landmark lithium supply deal with Tesla

VANCOUVER — Tesla Motors  (NASDAQ: TSLA) has signed a conditional agreement with joint-venture partners Bacanora Minerals (TSXV: BCN) and Rare Earth Minerals (LSE: REM) in a move to secure long-term resources from the juniors’...
Sep 2, 2015 12:00AM

Facts 'n' figures: Asia drags down gold demand in Q2

The following is an edited summary of the World Gold Council’s Gold Demand Trends report for this year’s second quarter. For the full report, please visit www.gold.org 
Sep 2, 2015 12:00AM

Editorial: Graphite and REE juniors are suffering, too

While they have a lower profile than the mining companies who are chasing after major commodities like gold, copper and iron, junior companies associated with graphite and rare earth elements have also endured a four-year bear market for their...
Sep 2, 2015 12:00AM

Sierra Metals turns up the heat in Mexico

In July, Sierra Metals (TSX: SMT) appointed as its vice-president of exploration Matthew Wunder — a geologist who during  his career was part of a group at Rubicon Minerals (TSX: RMX; NYSE-MKT: RBY) that discovered and developed the...
Sep 2, 2015 12:00AM

Gold miners must lower costs, BMO's Kaip says

VANCOUVER — It’s been a rough run for gold equities over the past few years, but recent performances by major and intermediate producers seem to hint at an industry that’s getting its balance sheets and cost structures in...
Sep 2, 2015 12:00AM

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