TSX Venture falls to historic low, Jan.11-15
The S&P/TSX Venture Composite Index is reaching historic lows, falling 5%, or 25.71 points, to a 488.96-point close.
News
Teck inks deal with Lorraine Copper
VANCOUVER — It’s been over a decade since Teck Resources (TSX: TCK.B; NYSE: TCK) first optioned the Lorraine copper-gold project in north-central B.C. from Lorraine Copper (TSXV: LCC), but now the major is set to relinquish its 51%…
Kaminak boosts confidence in Coffee with new studies
VANCOUVER — It’s hard to find a flaw in Kaminak Gold’s (TSXV: KAM; US-OTC: KMKGF) Coffee gold project, 130 km south of Dawson City in the Yukon. The economics of a proposed heap-leach operation have held up through…
Sherritt hit by low nickel prices at Ambatovy
Sherritt International (TSX: S) is bracing for a $1.6-billion non-cash impairment at its Ambatovy nickel-cobalt mine in Madagascar due to lower nickel prices, months after it cancelled its quarterly dividend for 2015 and 2016 to reduce…
Peter George fined and sanctioned for QP work
The Association of Professional Engineers and Geoscientists of British Columbia (APEGBC) has reached a consent order with Peter Thomas George in which he has agreed to pay a $15,000 fine and $20,000 towards APEGBC’s legal costs for a…
Baja says commercial production is around the corner at Boleo
Tom Ogryzlo has been working hard to resuscitate Baja Mining (TSXV: BAJ) and its copper-cobalt-zinc Boleo project in Mexico since he was named interim CEO in May 2012 — a post he still holds to this day.
The biggest gold losers in 2015
Last year was another tough year for gold companies, with the spot metal price sliding 10% to finish 2015 at US$1,061 per oz. While some miners thrived in the low gold price environment, others collapsed, with more than a few voluntarily…
Commentary: BC explorers need reliable access to land to make discoveries
British Columbia’s mineral exploration and development industry will continue to make enormous contributions to our economic and social well-being, despite the current global downturn in commodity prices and lower investment levels. With…
Skeena grows GJ’s resource in BC
Skeena Resources (TSXV: SKE; US-OTC: SKREF) has updated the resource estimate for the Donnelly and North Donnelly copper-gold deposits on its GJ property, in the prolific Golden Triangle of northwestern B.C.
Eldorado halts its Skouries project in Greece
Eldorado Gold (TSX: ELD; NYSE: EGO) is suspending construction at its Skouries gold-copper project due to a lack of government support, and says it will halt its Olympias underground mine if the Ministry of Energy and Environment doesn’t…
Editorial: Oil-to-gold ratio hitting all-time high
We’ve had another momentous week in the commodity markets, with oil prices dropping to 13-year lows below US$30 per barrel, copper sliding under US$2 per lb., the Canadian dollar dipping under US70¢ and world stock markets hobbling…
Site visit: Victoria’s Eagle truly ‘shovel ready’
MAYO, YUKON — When it comes to visiting mine sites in northern Canada there aren’t too many that boast better access than Victoria Gold’s (TSXV: VIT; US-OTC: VITFF) Dublin Gulch property, which is reached via a civilized,…