Turnaround picks up steam for Kirkland Lake Gold
Kirkland Lake Gold (TSX: KGI; US-OTC: KGILF) has come quite a way since its board set up a special committee in January to launch a strategic review of the company that included a potential sale.
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At Phoenix in Red Lake, Rubicon says development risk is ‘behind us’
VANCOUVER — It’s been nearly three years since developer Rubicon Minerals (TSX: RMX; NYSE-MKT: RBY) started construction at its high-grade Phoenix gold mine in Ontario’s prolific Red Lake camp.
Mines ministers talk transparency in Ontario
Sudbury played host to this year’s Energy and Mines Ministers’ Conference in late August. The annual gathering of federal and provincial mining and energy ministers is meant to foster discussion and collaboration to advance…
Ontario mines still power Goldcorp
Goldcorp (TSX: G; NYSE: GG) has been so growth-oriented over the past decade — building new mines across the Americas and snapping up gold assets left and right — that it’s easy to forget sometimes just how productive its…
Torex Gold plans large, low-cost mine in Mexico
When Torex Gold Resources’ (TSX: TXG) El Limon–Guajes open-pit gold mine in Mexico’s Guerrero gold belt ramps up to full production in 2017, the company expects it will be among the largest and lowest-cost gold mines in the…
TSX Venture loses ground, Sept. 2-5
The S&P/TSX Venture Composite took a step back during the shortened trading period, as it lost 2.8%, or 29.1 points, en route to a 994.89-point weekly close. Precious metal and commodity futures were on the decline, and Statistics Canada…
Agnico expands Mexican footprint via $205M Cayden bid
VANCOUVER — Agnico Eagle Mines (TSX: AEM; NYSE: AEM) had been eyeing Cayden Resources’ (TSXV: CYD; US-OTC: CDKNF) exploration efforts since early 2012, but on Sept. 8 finally made its move with a $205-million offer…
Weakness dominates TSX, Sept. 2-5
The holiday-shortened trading week saw the S&P/TSX Composite Index fall 55.81 points, or 0.4%, to 15,569.92, and the S&P/TSX Capped Diversified Metals & Mining Index drop 2.01 points, or 0.2%, to 877.98. The S&P/TSX Global Gold…
Largo ships first vanadium
One month after commercial production started at its high-grade Maracas vanadium mine in Brazil, Largo Resources (TSXV: LGO; US-OTC: LGORF) has turned over the first vanadium pentoxide (V2O5) to its off-take partner, Glencore (LSE: GLEN).
Corvus uncovers high-grade zone at North Bullfrog
VANCOUVER — It’s been a bountiful year for explorer Corvus Gold (TSX: KOR) at its North Bullfrog project, 15 km north of Beatty, Nev. The company is in the midst of a 20,000-metre drill program at the site, and has kept a strong…
LBMA Gold Price nearer to reality as new benchmark
It worked so well for silver — next up is gold.
Kaminak discovers gold zone at Coffee
It’s been a brutal year for many companies in the mining sector, but 2014 is turning out to be pretty good for debt-free junior explorer Kaminak Gold (TSXV: KAM; US-OTC: KMKGF).