El Morro hits a road bump
Following the Chilean Supreme Court’s move to temporarily suspend the environmental permit for the joint El Morro copper-gold project, an analyst opines the project should be shelved until the next decade.
Following the Chilean Supreme Court’s move to temporarily suspend the environmental permit for the joint El Morro copper-gold project, an analyst opines the project should be shelved until the next decade.
AuRico Gold (AUQ-T) has added another significant mine to Kirkland Lakes’ mining heritage.
Shares of Lake Shore Gold (LSG-T, LSG-X) rose 8¢ or 8% to $1.04 with more than three million shares changing hands after the company released high-grade drill results from 26 holes at its Fenn-Gib project, 60 km east of Timmins.
U.S. equities posted four straight days of gains during the Apr. 23-27 trading week despite lower than expected first quarter GDP growth of 2.2% (down from 3% in the fourth quarter of 2011) and renewed concerns about Spain as Standard &…
VANCOUVER — Philippines-focused Crazy Horse Resources (CZH-V) has outlined a 15-million-tonne-per-year open-pit copper operation at its Taysan project in a prefeasibility study.
VANCOUVER — Vancouver-based major Goldcorp Inc. (G-T, GG-N) stumbled out of the gate to start the year, as adverse-ground conditions and grade variability at its flagship Red Lake gold mine 230-km-northwest of Dryden, On….
VANCOUVER — The final week of April brought a hint of relief to the S&P TSX Venture Composite Index with a 14.81-point climb to 1,412.76 points after three weeks of significant losses. The slight turnaround came after the index hit a…
The TSX Composite Index continued its up-and-down trend as it climbed 212 points to 12,237.75 for the April 23-27 period. The rebound came as investors balanced strong earnings reports from a group of companies against data, showing the U.S….
Rio Novo Gold (RN-T) expects to complete a definitive feasibility study on its fully owned Almas gold project in Brazil’s Tocantins state by September, and if all goes according to plan, initial production could start by July 2013.
African Barrick Gold (ABG-L) says its Nyanzaga project has the potential to become its next gold mine in Tanzania. The company — whichBarrick Gold(ABX-T, ABX-N) spun out to hold its African gold assets — has four mines in…
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Japan’s Mitsubishi will invest US$94.9 million for a 25% stake in Stillwater Mining’s (SWC.U-T, SWC-N) Marathon project, a platinum group metal (PGM) and copper deposit near the north shore of Lake Superior, 10 km north of the town…
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