Volume 99 Number 45 Dec 23 - 29, 2013

Yellowhead lines up $8M for Harper Creek

Yellowhead Mining (TSX: YMI; TSXV: YMI) has announced an $8-million convertible debt financing with Calgary-based private firm Matco Investments to continue working on its flagship Harper Creek copper–gold–silver project in southern…

Coeur commits to royalty business

In an attempt to generate a higher margin, less volatile free cash flow and diversify its metal exposure and future avenues for growth, Coeur Mining (TSX: CDM; NYSE: CDE) is acquiring privately held Global Royalty Corp., which has interests in…

Detour Gold founder and former CEO Gerald Panneton. Credit: Sam Crittenden

Detour sinks on CEO’s exit

Detour Gold’s (TSX: DGC; US-OTC: DRGDF) CEO and founder Gerald Panneton has resigned without the company providing an explanation for his sudden departure, sending shares spiralling amid speculation that it may need more funds to ramp up…

Drill Hole 4F5 from Zenyatta Ventures' Albany graphite project in northern Ontario. Credit: Zenyatta Ventures

Zenyatta sinks on Albany’s resource estimate

Zenyatta Ventures (TSXV: ZEN) has published its first resource estimate on its 100% Albany vein-type graphite deposit in the Arc of Fire region within northern Ontario’s Porcupine Mining district, sending its shares sliding.

Capstone Mining's Pinto Valley copper-molybdenum mine in Arizona, 125 km east of Phoenix.  Credit: Capstone Mining

Capstone’s Pinto Valley ‘doing better than expected’

Capstone Mining (TSX: CS; US-OTC: CSFFF) shares got a boost after the Vancouver-based firm said its recently acquired Pinto Valley copper–molybdenum mine in Arizona could produce more than the targeted 22 million to 27 million lb. copper…

A worker takes measurements of rock samples. Credit: Macusani Yellowcake

Macusani hits PEA milestone in Peru

VANCOUVER — Toronto-based junior Macusani Yellowcake (TSXV: YEL; US-OTC: MCYWF) is one step closer to a production decision at its 900 sq. km uranium portfolio, which lies 180 km northwest of the city of Juliaca in southeastern Peru. On…

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