Junior explorer turned developer Stornoway Diamond (TSX: SWY; US-OTC: SWYDF) is building Quebec’s first diamond mine, set to start commercial production in 2017, after having raised $946 million for its Renard diamond project in July.
VANCOUVER — Ongoing exploration success by Denison Mines (TSX: DML; NYSE-MKT: DNN) at its 60%-owned Wheeler River asset along the eastern edge of Saskatchewan’s Athabasca basin is hinting at good near-term development…
If you thought around mid-year that the iron-ore market couldn’t get any worse, September was a bit of a shocker.
U.S. markets ended in negative territory during the trading week, with the Dow Jones Industrial Average falling 166.59 points, or 0.96% to 17,113.15, and the S&P 500 Index sliding 27.55 points, or 1.37%, to 1,982.85. The Philadelphia Gold…
The S&P/TSX Composite Index lost 238.58 points during the trading week to end at 15,026.77. The S&P/TSX Global Gold Index stayed relatively flat at 170.72 points, while the spot price for gold added US$3.20 per oz. to US$1,219.40. The…
BEAVER CREEK, COLORADO — Eastmain Resources (TSX: ER; US-OTC: EANRF) is confident that its Eau Claire deposit will become the second gold mine in Quebec’s James Bay region, following Goldcorp’s (TSX: G; NYSE: GG) nearly built…
Short positions outstanding at Sept.15/14 (with changes from Aug. 31/14).
In its first detailed public report on the state of the diamond industry, diamond miner and retailer De Beers paints a picture of an industry that will likely struggle to meet demand while facing increasing competition from other luxury…
Santacruz Silver Mining (TSXV: SCZ) has signed a US$28.4-million prepaid silver-purchase agreement to help fund its San Felipe silver-lead-zinc project in Sonora state, Mexico.
Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) and the Mongolian government have resolved several issues that have held up the underground expansion of the Oyu Tolgoi copper-gold mine in the country.
BEAVER CREEK, COLORADO — In a keynote address at the recent Precious Metals Summit, Sprott US Holdings chairman Rick Rule and geologist Brent Cook dug into the realities of the exploration game and how best to conduct due diligence…
VANCOUVER — Four years ago junior Newstrike Capital (TSXV: NES; US-OTC: NWSKF) scored a strategic slice of Mexico’s emerging Guerrero gold belt (GGB) in the form of its wholly owned Ana Paula gold asset, and now the company is…
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