Volume 100 Number 50 Jan 26 - Feb 1, 2015


The head frame at First Nickel's Lockerby nickel-copper mine in Sudbury, Ontario. Credit: First Nickel

First Nickel slashes jobs at Lockerby mine

First Nickel (TSX: FNI; US-OTC: FNKLF) is cutting 109 jobs at its Lockerby nickel-copper mine in Ontario’s Sudbury basin, as part of a restructuring plan to lower costs, resume exploration and extend the mine’s life. 


Integra Gold's historic Sigma gold mill in Val-d'Or, Quebec. Credit: Integra Gold

Integra’s Sigma purchase a game changer at Lamaque

VANCOUVER — According to Integra Gold (TSXV: ICG; US-OTC: ICGQF) president and CEO Stephen de Jong, his company’s recent acquisition of the 2,200-tonne-per-day Sigma mine and mill complex for $7 million brings a “better…


A core storage area at Falco Resources' past-producing Horne gold project in northwestern Quebec. Credit: Falco Resources

Is Osisko Gold charting a new course for Falco?

Falco Resources (TSXV: FPC) is the only junior to control the last of the large Abitibi mining camps not owned by a major gold producer and Osisko Gold Royalties (TSX: OR; US-OTC: OKSKF) is a key partner and shareholder, owning just over 11% of…



A haul truck at Detour Gold's Detour Lake gold mine in Ontario, 185 km northeast of Cochrane.  Photo by Trish Saywell.

Detour gains 7% after achieving 2014 guidance

Detour Gold (TSX: DGC; US-OTC: DRGDF) has started the year off on the right foot. It shares rose 7% after it reported hitting its 2014 operating targets and provided a conservative guidance for 2015.



Workers at Aura Minerals' Aranzazu copper-gold-silver mine in Mexico. Credit: Aura Minerals

Aura Minerals suspends mining at Aranzazu

Aura Minerals (TSX: ORA; US-OTC: ARMZF) has become the latest casualty of slumping commodity prices, unresponsive financing markets and fixed costs: It is suspending mining operations temporarily at its Aranzazu copper-gold-silver mine in…


TSX Venture in the red, Jan. 12-16

The S&P/TSX Venture Composite struggled under the weight of multi-year low crude oil prices during the trading period, as it lost 2.9%, or 19.9 points, en route to a 667.31-point weekly close. Bloomberg data indicates that U.S.-based…





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