Volume 100 Number 32 Sep 22 - 28, 2014

Vale's Totten nickel-copper-precious metals mine in Sudbury, Ontario. Credit: Vale

Vale’s Q2 nickel production plunges in Sudbury

Vale’s (NYSE: VALE) companywide nickel production in the second quarter of 2014 was 61,600 tonnes, an 8.6% drop from the first quarter and 5.3% fall from the year-ago period. Vale says the decline mainly reflects the impact of four weeks…

An aerial view of Selwyn Resources' ScoZinc mine in Nova Scotia. Credit: Selwyn Resources

Selwyn to sell ScoZinc for $17.5M

Selwyn Resources (TSXV: SWN; US-OTC: SWNLF) has agreed to sell its main asset — the ScoZinc mine, mill and related properties in Nova Scotia — for $17.5 million to a private company named Scotian Zinc Mines.

Analysts touring Santacruz Silver Mines' San Felipe silver-lead-zinc project in Sonora, Mexico. Credit: Santacruz Silver Mines

Santacruz hopes to get San Felipe in production by 2016

VANCOUVER — Producer Santacruz Silver Mining (TSXV: SCZ; US-OTC: SZSMF) is sizing up a major boost in silver-equivalent output over the next few years, and a big part of that plan is its San Felipe asset located 130 km northeast of…

The historic headframe at Premier Gold's Hardrock project, 250 km northeast of Thunder Bay, Ontario. Credit: Premier Gold Mines

Dundee: Premier ‘living up to its name’

When it comes to development-stage assets, those offering a combination of higher-grade, simple mining and low-operating costs, and favourable jurisdictions are typically the ones that are acquired by larger producers, analysts at Dundee…

Sudbury Platinum's Aer-Kidd nickel-copper-PGM project, 20 km southwest of Sudbury. Credit: Transition Metals

Sudbury Platinum advances Aer-Kidd

Privately held Sudbury Platinum, in which project-generator Transition Metals (TSXV: XTM; US-OTC: TNTMF) holds a 57% stake and Royal Nickel (TSX: RNX; US-OTC: RNKLF) a 23% interest, has acquired 100% ownership of the Aer-Kidd project, 20…

The Hollinger open-pit mine, a part of Goldcorp's Porcupine mining complex in Timmins. Credit: Goldcorp

Ontario mines still power Goldcorp

Goldcorp (TSX: G; NYSE: GG) has been so growth-oriented over the past decade — building new mines across the Americas and snapping up gold assets left and right — that it’s easy to forget sometimes just how productive its…

Wall Street indexes slide, Sept. 8-12

After five straight weeks of gains, U.S. equity indexes dropped as President Barack Obama authorized air strikes against the terrorist group ISIS and imposed more sanctions against Russia. The Dow Jones Industrial Average fell 0.87% to…

TSX drops, Sept. 8-12

Canada’s main stock index fell during the trading week. The S&P/TSX Composite Index dropped 38 points to 15,531.58. The spot price for gold plunged US$40 to US$1,228.30, while the S&P/TSX Global Gold Index stayed relatively flat…

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