Hopes of further injections of liquidity from the U.S. Federal Reserve following a speech Aug. 31 by Chairman Ben Bernanke sent gold prices higher and helped stem losses on U.S. equity markets. Bernanke’s remarks that the central bank is…
The S&P/TSX Venture Composite Index climbed for a second week, up 18.46 points in the period to end at 1,251.88 points after four days of gains. Volume was fairly consistent and reached an average of 68 million shares traded daily.
Northern Tiger Resources (NTR-V) has renewed interest in the Sleeping Giant zone at the 3Ace project in southeast Yukon, with some encouraging sample results.
Sandstorm Gold (SSL-V) is looking to raise $150 million so it can add to its precious-metal streams. The sum is comprised of $130 million from a bought-deal financing at $10 per unit, plus up to $20 million from underwriters who can buy…
First Majestic Silver (FR-T) is busy building its Del Toro silver project, which is set to become its fifth producing silver mine in Mexico, with initial production expected by year-end.
The beleaguered uranium subsector got a bit of an indirect boost in late August. The world’s biggest miner, BHP Billiton, declared as part of its year-end results that the 800-pound radioactive gorilla in the room — a planned…
We have been very long-time subscribers of your newspaper as a source of factually correct information in the mining industry. We want to draw your attention to some serious errors found in your article, “Barkerville in the doghouse with…
What a deception to read in your editorial, “Ooh la la: Is Plan Nord becoming Plan Non?” (T.N.M. Aug. 20–26/12) that you qualify the support to chrysotile asbestos mining in the Eastern Townships by the Quebec and federal…
With all the hullabaloo swirling around Barkerville Gold Mines (BGM-V) and the new resource estimate for its Cow Mountain gold deposit in central B.C. that has led to a trading halt imposed on the stock by the B.C. Securities Commission…
Drill results from Sabina Gold & Silver’s (SBB-T, SGSVF-O) Back River project in southwestern Nunavut — 520 km northeast of Yellowknife, and 50 km southeast of Xstrata Zinc’s Hackett River silver-zinc project —…
It didn’t take long for Brazilian Gold (BGC-V) to get a resource on its recently discovered VG1 deposit in Brazil.
Rising costs and inconsistent downstream demand have taken a toll on potash and fertilizer producers during the first half of 2012, with volatile global markets now impacting the strategies of several mega miners in Saskatchewan’s…
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