Daily News

Editorial: Corporate chaos ensnarls Minera IRL

With Minera IRL shareholders only two days away from possibly voting out the company’s entire board of directors, the saga of the ill-fated, Lima-based junior gold miner is a reminder of just how quickly things can turn sour working in a...
Nov 24, 2015 7:27PM

Short Position Report

Short positions outstanding at Nov.15/15 (with changes from Oct.31/15).
Nov 24, 2015 1:08PM

Southern Arc shifts focus to Japan

In 2005, Southern Arc Minerals (TSXV: SA) became the first Canadian junior exploration company to return to Indonesia following the Asian financial crisis in 1997. The junior acquired two key projects: the West Lombok property on Southwest...
Nov 24, 2015 10:28AM

TSX Venture remains in the doldrums, Nov. 16-20

VANCOUVER — The S&P TSX Venture Composite Index dropped 3.28 points during the Nov. 16-20 trading sessions en route to a 520.65 point weekly close. Canadian markets are finding it difficult to generate positive momentum amid a...
Nov 23, 2015 6:20PM

Lucara finds 1,111-carat diamond in Botswana

Lucara Diamond (TSX: LUC) recently made history by unearthing the world’s second-largest diamond from its flagship Karowe diamond mine in Botswana.
Nov 23, 2015 6:11PM

US stocks rise, Nov. 13-19

U.S. equities gained after the Federal Reserve signaled a possible December rate hike at its last policy meeting, suggesting the U.S. economy is strengthening. The Dow Jones Industrial Average rose 1.6% to finish the Nov. 13-19 trading period...
Nov 23, 2015 11:52AM

TSX ends in positive territory, Nov. 13-19

Canada’s benchmark index rose 2.64%, or 346.65 points, to finish at 13,473.83, a strong recovery from the triple-digit loss it posted during the previous trading period. Gold fell to a low of US$1,065.18 per oz., its weakest point since...
Nov 20, 2015 3:55PM

Companies use crowdsourcing to innovate through downturn

Mining companies and organizations are increasingly going outside of the industry and using open innovation platforms to find solutions to their challenges.
Nov 20, 2015 8:31AM

Drones play growing role for cost-conscious explorers

In the face of one of the biggest downturns in the industry, cash-strapped miners and explorers are turning to unmanned aerial vehicle (UAV), or drone, technology as one way to help drive down costs, boost productivity and harness safety at...
Nov 20, 2015 8:28AM

Lydian outlines new mine plan for Amulsar project

VANCOUVER — Lydian International (TSX: LYD; US-OTC: LYDIF) knows it has to adjust expectations at its wholly-owned Amulsar gold project in south-central Armenia if it wants to secure development funding under current market...
Nov 19, 2015 6:37PM

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