The opportunity to acquire the past-producing Snow Lake gold mine and mill in Manitoba from financially strapped QMX Gold (TSXV: QMX) emerged a couple of months ago, Hudbay Minerals (TSX: HBM; NYSE: HBM) has confirmed, but says “there is…
KAMLOOPS, B.C. — Speaking at this year’s Kamloops Exploration Group (KEG) conference in Kamloops, B.C., the province’s Minister of Energy and Mines Bill Bennett encouraged junior explorers to keep their chin up.
Canada’s benchmark index fell on renewed concern over Greece’s debt and China’s new trading regulations. The S&P/TSX Composite Index slipped 28 points, or 0.2%, to 15,360.55, while the S&P/TSX Capped Diversified Metals…
TSX Short Positions Short positions outstanding at April 15/15 (with changes from March…
VANCOUVER — It’s been a bounce-back 12 months for junior Nautilus Minerals (TSX: NUS; US-OTC: NSUMF), which has overcome a major sociopolitical hurdle to get back on track to develop the world’s first undersea mining operation…
A slight rally in oil prices and reports of encouraging employment data in Canada helped lift Canada’s benchmark index. The S&P/TSX Composite Index advanced 2.4% to 15,388.43, while the S&P/TSX Capped Diversified Metals &…
VANCOUVER — Denver-based Newmont Mining (NYSE: NEM) is poised to open up a new gold district at its Long Canyon project along the eastern flank of the Pequop Mountains in northeastern Nevada. The U.S. Bureau of Land Management (BLM)…
Analysts believe Panoro Minerals’ (TSXV: PML; US-OTC: POROF) preliminary economic assessment (PEA) on the Cotabambas project shows the copper-gold-silver-molybdenum porphyry deposit is viable, despite failing to impress investors.
U.S. stocks rose for a second straight week. The Dow Jones Industrial Average advanced 294.41 points to 18,057.65 and the S&P 500 Index gained 35.1 points to finish at 2,102.06. Both indexes were up 1.7%. The Nasdaq Composite rose 2.2% to…
On April 7 armed robbers stole 900 kilograms of gold-rich concentrate containing 7,000 oz. gold from McEwen Mining’s (TSX: MUX; NYSE: MUX) El Gallo 1 mine in Sinaloa, Mexico. At US$1,200 per oz. gold, the thieves made off with over…
Roxgold (TSXV: ROG; US-OTC: ROGFF) has kicked off construction at its high-grade Yaramoko gold project in southwestern Burkina Faso, with an aim of starting production in the second quarter of 2016.
The S&P/TSX Venture Composite Index managed five days of gains during the trading period, as it jumped 2.3%, or 15.86 points, before closing at a four-week high of 698.88 points. The rally was underpinned by rising commodity futures, while…
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