Trevali to restart Caribou mine
VANCOUVER — With $51 million in new debt funding on hand, Trevali Mining (TSX: TV; US-OTC: TREVF) is finding that it’s a good time to rehabilitate an underground zinc mine in New Brunswick.
Volume 100 Number 26 Aug 11 - 17, 2014
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, August 5, 2014Precious MetalsPrice…
Teck boosts stake in partner AQM Copper
After loading up on shares of AQM Copper (TSXV: AQM; US-OTC: APQUF) in July, Teck Resources (TSX: TCK.B; NYSE: TCK) now owns just over 30% of the junior — its partner at the Zafranal copper–gold project in Peru.
Kennady North diamond project exceeds expectations
With positive results rolling in from the mid-year exploration program at its Kennady North project in the Northwest Territories, Kennady Diamonds (TSXV: KDI; US-OTC: KDIAF) is rethinking its expectations for the project.
Editorial: Mount Polley tailings spill – Imperial’s best not good enough
The complete failure of the tailings dam at Imperial Metals’ Mount Polley copper–gold mine in Central B.C.’s Cariboo region on Aug. 4 is the most depressing thing to have happened in Canadian mining since the Bre-X Minerals…
LIM remains in limbo
Not much has happened at Labrador Iron Mines (TSX: LIM; US-OTC: LBRMF) since the company announced in June that it would suspend operations at its direct-shipping iron ore Schefferville projects in the Labrador Trough region, partly due to…
Rambler has big plans for Atlantic Canada
Since the start of commercial production in November 2012 at its first mine — the Ming copper–gold mine in Baie Verte, N.L. — Rambler Metals & Mining (TSXV: RAB; LSE: RMM) has generated $31 million in operating…
Commentary: The Tsilhqot’in decision – a view from Quebec
On June 26, 2014, the Supreme Court of Canada recognized for the first time a First Nation’s aboriginal title over an area outside a reserve in Tsilhqot’in Nation vs. British Columbia.
TSX Venture loses ground, July 28-Aug. 1
The S&P/TSX Venture Composite Index had a rough week during the trading period, as it lost 1.7%, or 16.81 points, en route to a 1,000.63-point close. Commodity futures were down across the board, with global economic concerns —…
Complete tailings dam failure at Imperial’s Mount Polley
Shares of Imperial Metals (TSX: III; US-OTC: IPMLF) dropped 40% after a dam for the tailings pond at its Mount Polley gold–copper mine in B.C.’s Cariboo region failed, spilling millions of cubic metres of waste water and suspended…
U.S. markets fall sharply, July 28-Aug. 1
Argentina’s second debt default in 13 years — combined with more fighting in the Ukraine and Gaza, and uncertainty over Federal Reserve policy — pushed U.S. equity markets into negative territory. The S&P 500 suffered its…
TSX declines, July 28-Aug.1
Canada’s main stock index tumbled during the trading week, posting its biggest drop since early May.