Carpathian sinks on financing
Carpathian Gold’s shares (TSX: CPN; US-OTC: CPNFF) fell 26% after the company announced a bought-deal financing to finish developing its Riacho dos Machados (RDM) gold project in Minas Gerais, Brazil.
News
Final HEU shipment a catalyst for uranium industry
The final shipment of highly enriched uranium (HEU) to the U.S. from nuclear disarmament and military stockpiles in Russia under the 1993 Megatons to Megawatts agreement left St. Petersburg on Aug. 21, and analysts believe the end of the…
Orbite lines up funds for HPA plant
Orbite Aluminae (TSX: ORT; US-OTC: EORBF) says it will complete an equity raise “within the coming weeks” to help finish building and optimizing its high-purity alumina (HPA) plant in Cap-Chat, Que., after a proposed financing was…
Calibre soars on trenching results
These days, it’s unusual to see a company’s share price more than double on strong trenching results. But this is what happened when Calibre Mining (TSXV: CXB; US-OTC: CXBMF) released more trenching assays from its wholly…
Wesdome discovers new gold structures at Eagle River
VANCOUVER — Toronto-based producer Wesdome Gold Mines (TSX: WDO; US-OTC: WDOFF) enjoyed a warm reception from markets following news of underground drilling success at its wholly owned Eagle River mine, located 50 km west of Wawa, Ont….
B2Gold well positioned for an acquisition, says BMO
VANCOUVER — Producer B2Gold (TSX: BTO) has been one of the better performing gold equities over the past couple of months, as shares have jumped 52%, or $1.05 per share on the back of consistent production and a strong balance sheet.
Shawn Ryan’s new Yukon vision
DAWSON CITY, YUKON — Shawn Ryan could have retired.
Coastal Gold keeps the drills turning at Hope Brook
Coastal Gold (TSXV: COD) is steaming ahead with a resource definition program at its 100% owned Hope Brook gold project in southwestern Newfoundland.
TSX Venture Exchange, Aug. 26-30
The S&P/TSX Venture Composite Index lost momentum after two weeks of gains during the trading period, falling 7.25 points en route to a 939.31-point weekly close. Investors kept an eye on news of a potential military intervention in Syria,…
Editorial: Unifor – what is it good for?
Nicely timed for the lead up to the Labour Day holiday, the Canadian labour movement celebrated the creation of Unifor on Aug. 31 at its founding convention at the Metro Toronto Convention Centre, attended by 4,000 people.
U.S. Antimony is all-in in Mexico
During the Second World War, Mexico dominated the antimony market, producing more than 30 million lb. per year. But the country lost its edge in subsequent decades, primarily due to inadequate smelting and milling facilities, and…
Glencore Xstrata latest to catch the writedown bug
Despite being one of the most well-diversified commodity companies in the world — with marketing, trading, mining, smelting and shipping assets in metals, oils and agriculture — Glencore Xstrata (LSE: GLEN) was unable to protect…