US markets slide, July 27-31
Expectations that the Fed would raise interest rates in September — along with economic turmoil in Asia and Europe — weighed on U.S. markets over the trading period.
Volume 101 Number 26 Aug 10 - 16, 2015
Odds ‘n’ sods: The Toodoggone River Tube Race of 1981
VANCOUVER — On July 31, 1981, nearly 200 geologists and support crews stood speechless along the gravel banks of the remote Toodoggone River in north-central B.C., as a helicopter landed before them alongside the frigid, glacial-fed water.
Rambler adds 15 years to mine life at Ming
VANCOUVER — Rambler Metals & Mining (TSXV: RAB) is looking to upgrade its underground Ming copper-gold mine, 17 km east of the town of Baie Verte on the north-central coast Newfoundland, after positive results from a prefeasibility…
Anaconda invests in Pine Cove’s future
VANCOUVER — With renewed exploration, Anaconda Mining (TSX: ANX; US-OTC: ANXGF) is laying the groundwork to revitalize its open-pit Pine Cove gold mine, 6 km northeast of the town of Baie Verte in north-central Newfoundland, even as…
Facts ‘n’ Figures: Surbiton – Aussie M&A shakes up production rankings
The following is an edited version of a commentary by Surbiton Associates, an independent consulting group based in Melbourne and specializing in Australian gold mining and minerals industries. Visit www.surbiton.com.au for more…
Editorial: US coal miners in crosshairs of Clean Power Plan
U.S. President Barack Obama has unveiled his administration’s sweeping plan to curb carbon emissions from U.S. power plants, and the news has domestic coal miners and coal-consuming states squirming.
Equitas hunts next Voisey’s Bay
Junior Equitas Resources (TSXV: EQT; US-OTC: EQTRF) has kicked off a second phase of exploration at its Garland nickel-copper-cobalt property in Newfoundland and Labrador, with the hope of discovering deeper Voisey’s Bay-style…
Barrick sells half of Zaldivar to Antofagasta
VANCOUVER — Barrick Gold (TSX: ABX; NYSE: ABX) is selling a 50% interest in its wholly owned Zaldivar copper mine in northern Chile to Antofagasta (LSE: ANTO; US-OTC: ANFGY) for US$1 billion in cash. The deal will result…
Wolfden keeps the drills turning in Bathurst camp
VANCOUVER — It may very well be the worst market conditions for explorers, but that hasn’t stopped Wolfden Resources (TSXV: WLF) from mounting a drill campaign across its expansive land position in the heart of…
TSX Venture rises slightly, July 27-31
The S&P/TSX Venture Composite Index remains near historic lows despite bouncing back slightly during trading, as it jumped 1.8 points en route to a 594.31-point close. Canada’s gross domestic product dropped 0.2% in May, which brings…
Prudence pays off for Atlantic Gold in Nova Scotia
VANCOUVER — Steven Dean, chairman and CEO of Atlantic Gold (TSXV: AGB) says it took the company three years of “wading through the rubble of the gold sector” before it stumbled upon the Moose River gold project, 85 km…
Dalradian advances Curraghinalt amid low gold prices
Dalradian Resources (TSX: DNA) has published the results of first 25 drill holes from its 2015 exploration program on its Curraghinalt gold project in Northern Ireland, confirming the project’s quartz veins carry high-grade gold…