TSX drops, July 6-10
Canada’s benchmark index tumbled 1.9% to 14,411.07 after a weak jobs report, the continuing debt crisis in Greece and a slump in China’s stock market. The S&P/TSX Capped Diversified Metals & Mining Index fell 5.5% to 630.99,…
Gold
BC government sets mandate for Mount Polley start-up
VANCOUVER — Imperial Metals (TSX: III; US-OTC: IPMLF) has been given the green light to temporarily resume operations at Mount Polley, 56 km northwest of Williams Lake, B.C., provided the company meets a number of…
Wall Street dips, June 29-July 2
U.S. equities fell ahead of the Independence Day weekend as Greece’s debt crisis continued. The Dow Jones Industrial Average and the S&P 500 Index both lost 1.2% to end at 17,730.11 and 2,076.78. The spot gold price slipped 0.6% to…
Auryn to buy North Country Gold
If the past is any guide, Shawn Wallace has a knack for spotting good projects. Last year, the mining executive sold a company that he co-founded called Cayden Resources to Agnico Eagle Mines (TSX: AEM; NYSE: AEM) for a tidy $205…
Canarc to acquire fully permitted project in Mexico
Catalin Chiloflischi joined Canarc Resource (TSX: CCM; US-OTC: CRCUF) as its CEO in January 2014, partly because he felt confident the junior could mirror the success in Mexico that its founder and chairman, Bradford Cooke, had achieved at…
Kaizen to buy Pinaya in Peru
Kaizen Discovery
Silver Standard management talks success at Marigold
VANCOUVER — Silver Standard Resources (TSX: SSO; NASDAQ: SSRI) is off to a hot start at its Marigold gold mine in Humboldt County, Nev., along the northern reaches of the Battle Mountain–Eureka trend. The company has not…
Site visit: Geoscience BC’s avant-garde treetop sampling
ANAHIM LAKE, B.C. — A typical work day for this Geoscience BC’s biogeochemical survey crew in west-central B.C. gets started with the smell of jet fuel and the high-pitched whir of a helicopter.
Strike freezes production at Mandalay’s Cerro Bayo mine
Mandalay Resources (TSX: MND) has suspended operations at its Cerro Bayo silver-gold mine in southern Chile, after unionized workers went on strike.
Integra turns to crowdsourcing to find more gold
Integra Gold (TSXV: ICG; US-OTC: ICGQF) is getting creative with the treasure trove of data it acquired last year when it bought the past-producing Sigma-Lamaque mine and mill, near its Lamaque South gold project in Val-d’Or, Que.
Barrick moves towards leaner structure
VANCOUVER — Earlier this year Barrick Gold (TSX: ABX; NYSE: ABX) outlined a “back to the future” strategy that would see it become a “leaner and more agile” operator, focused on a core portfolio of assets and…
TSX inches up, June 22-26
Canada’s benchmark index added 1% to finish at 14,808.09, despite concerns rising over the Greek debt crisis. The S&P/TSX Capped Diversified Metals & Mining Index, however, slipped 0.8% to 695.56. The S&P/TSX Global Gold Index…