TSX rises slightly, Oct. 2-6
Canada’s benchmark index rose $93.38 to 15,728.32, a 0.60% change, while the S&P/TSX Global Mining Index rose 3.38% to 68.45 and the S&P/TSX Global Gold index rose 2.87% to 201.87….
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TSX Venture gains, Oct. 2-6
The S&P/TSX Venture Composite Index gained 7.09 points to a 788.32-point close, as spot gold prices fell US$3.07 to US$1,276.68 per oz., whereas Comex copper prices gained US7¢ to US$3.03…
US markets finish higher, Oct. 2-6
The U.S. Bureau of Labor Statistics reported that in the last 12 months, average hourly earnings increased by 74¢ or 2.9%. The jobs data raised expectations of a rate hike…
eCobalt redevelops mothballed Idaho mine
VANCOUVER — Vancouver-based eCobalt Solutions (TSX: ECS; US-OTC: ECSIF) hopes to restart construction at its Idaho Cobalt project (ICP) next year, which could set the stage for first production in early…
Alio Gold to make construction decision on Ana Paula in Q2 2018
Since Mexican regulator SEMARNAT approved Ana Paula’s environmental impact assessment in April, Alio Gold (TSX: ALO; NYSE-AM: ALO) has continued to take big strides in de-risking the relatively high-grade, open-pit…
Bitterroot hunts Arizona silver
VANCOUVER — Bitterroot Resources (TSXV: BTT) has its eye on high-grade silver across 7 km of potential strike length at the historic Hackberry property, 48 km northeast of Kingman, Arizona. The company…
Dalradian on path to production at Curraghinalt
BEAVER CREEK, COLORADO — A mineral-processing technology commonly used in the diamond mining industry may improve the economics for Dalradian Resources’ (TSX: DNA; US-OTC: DRLDF) Curraghinalt gold project, 127 km…
Site visit: New Age Metals finds high grade
SUDBURY, ONTARIO – The optics are rarely very good when a major pulls out of a joint-venture project with a junior company. In the case of River Valley in northwestern…
Canadian Zinc aims for 2020 production at Prairie Creek
VANCOUVER — Canadian Zinc (TSX: CZN; US-OTC: CZICF) has set the stage for a 2020 production target at its past-producing Prairie Creek zinc-lead mine, which sits amid the Mackenzie Mountains, 500…
CPM’s Jeffrey Christian on platinum-palladium price reversal
Jeffrey Christian is the managing partner of CPM Group, a commodities research and management, consulting and financial advisory firm in New York. He founded the company in 1986, spinning off…
Fortuna Silver OKs Lindero construction
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) has greenlit construction of an open-pit heap leach mine at its 100% owned Lindero porphyry gold project, 260 km west of the city…
MAC takes action against child and forced labour
The following is an edited statement from the Mining Association of Canada. For more information, please visit www.mining.ca. The Mining Association of Canada (MAC) has added two components to its…