VANCOUVER — Struggling copper producer Mercator Minerals (TSX: ML) has reportedly been on the market since late September, and the company found a suitor in Intergeo MMC — a Russian-based resource company controlled by…
Difficult markets put Joy Global Inc’s (NYSE: JOY) order book under stress in the fiscal fourth quarter, sending the company’s net income from continuing operations plunging 87% to US$26.8 million, or 25¢ per share, down from…
VANCOUVER — Taseko Mines (TSX: TKO; NYSE-MKT: TGB) is certain Natural Resources Canada (NRCan) used the wrong project design in assessing the tailings storage facility at the proposed New Properity mine, a fundamental error that led the…
Wolfden Resources (TSXV: WLF) is looking to repeat the success of its former namesake, and if it can do it, it will take the province of New Brunswick along for the ride.
Coastal Gold (TSXV: COD) has updated the resource estimate for its Hope Brook gold project on the southwestern coast of Newfoundland, with grades in the indicated category 30% higher than in the last resource estimate completed in October 2012.
Slam Exploration’s (TSXV: SXL; US-OTC: SLMXF) CEO Mike Taylor, a veteran geologist, had more than a hunch that there should be other gold deposits near Saint-Quentin, N.B., after local prospector Tim Lavoie discovered a gold deposit there…
Spot pricesCourtesy of ScotiabankTuesday, December 10, 2013 Precious MetalsPrice…
Negative sentiment regarding gold and fears over the U.S. Federal Reserve Board “tapering” its QE3 stimulus program have pushed the gold price down to US$1,241 per oz. at press time from close to US$1,700 at the start of the year.
VANCOUVER — Twenty years after Diamond Fields Resources discovered nickel in at Voisey’s Bay in Labrador and eight years after Vale (NYSE: VALE) predecessor Inco started mining, work is now wrapping up on a state-of-the-art…
The mining community in Canada probably has more connections to South Africa than any other group in the country, and so the death of Nelson Mandela on Dec. 5 provided many miners here with time to reflect on the man’s leadership, as well…
VANCOUVER — It has been a busy 18 months for Toronto-based junior Carlisle Goldfields (TSX: CGJ; US-OTC: CGJCF) at its wholly owned, 285 sq. km property package across the historic Lynn Lake greenstone belt in northern Manitoba….
Morien Resources (TSXV: MOX; US-OTC: APMCF) is three steps closer to putting the massive Donkin coal deposit into production next year.
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