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True North Gems to build first ruby mine
Source: Daily News | 2014-10-30
True North Gems (TSXV: TGX) kicked off its first field season in Greenland a decade ago but is finally closing in on the prize: an open-pit mine that will produce ruby and pink sapphire gemstones starting next year and running until at...
Canadian Zinc aims to fine tune its plans at Prairie Creek
Source: Daily News | 2014-10-30
VANCOUVER — It's a tough market for juniors with development-stage assets, and that's been especially true for Canadian Zinc (TSX: CZN; US-OTC: CZICF) and its Prairie Creek polymetallic project 500 km due west of Yellowknife in the...
Cameco takes a hit in Q3, cuts 2014 revenue outlook
Source: Daily News | 2014-10-30
Cameco (TSX:CCO; NYSE:CCJ) swung to a loss during the third quarter, as it took impairment charges on two investments and trimmed its full-year uranium production and consolidated revenue guidance.
Lundin's Fortress to buy Fruta del Norte
Source: Print Archives | 2014-10-29
Kinross Gold (TSX: K; NYSE: KGC) acquired the Fruta del Norte gold project in Ecuador through its US$1.2-billion acquisition of Aurelian Resources in 2008, but heated local opposition forced the gold producer to abandon the project in 2013...
OMA study: New mines a boost to Ontario economy
Source: Print Archives | 2014-10-29
A new study by the University of Toronto’s Rotman School of Management commissioned by the Ontario Mining Association measures the impact on gross domestic product, employment and government revenue from open pit and underground mining...
San Gold drilling points to 'Rice Lake repeat'
Source: Print Archives | 2014-10-29
VANCOUVER — It’s been a rocky time for producer San Gold (TSX: SGR; US-OTC: SGRCF) as it strives to optimize operations at its Rice Lake gold complex near Bissett, Man., but recent drilling appears to offer upside. The company is...
Orocobre defines new exploration target
Source: Print Archives | 2014-10-29
Orocobre (TSX: ORL; US-OTC: OROCF) says its flagship Salar de Olaroz brine-based lithium project in the Puna region of Argentina’s northwestern province of Juyuy is expected to produce 17,500 tonnes per year of low-cost, battery-grade...
U.S. equities end the week higher, Oct. 20-24
Source: Print Archives | 2014-10-29
Better-than-expected corporate earnings and easing concerns about the Ebola epidemic despite news of the first case of the disease diagnosed in New York City drove U.S. equities higher during the trading week. The Dow Jones Industrial Average...
Alamos Gold hit by heavy rains during Q3
Source: Print Archives | 2014-10-29
VANCOUVER — It’s the rainy season in Mexico, and that’s not great news for producer Alamos Gold (TSX: AGI; NYSE: AGI) at its wholly owned Mulatos heap-leach mine, 220 km east of Hermosillo in Sonora state. On Oct. 23 the...
Editorial: Hunts' silver play the stuff of legend
Source: Print Archives | 2014-10-29
Few individuals have lived lives large enough to be immediately associated with a particular commodity. Think oil and J.D. Rockefeller; steel and Andrew Carnegie; and diamonds and the Oppenheimer family. For silver, it’s the Hunt brothers...


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