Ontario gov’t funds graphite research for Zenyatta
The Ontario government is spending $500,000 to help Thunder Bay-based graphite explorer Zenyatta Ventures (TSXV: ZEN; US-OTC: ZENYF) test samples from its Albany project near the town of Hearst.
News
Klondex adds life to Midas with aggressive drilling
When Klondex Mines (TSX: KDX; US-OTC: KLNDF) bought the Midas gold-silver mine in Nevada from Newmont Mining (NYSE: NEM) in early 2014, Newmont had penciled in March 2015 as the date the underground operation would reach the end of its mine…
Premier to be ‘next major gold miner,’CEO Downie says
VANCOUVER — Premier Gold Mines (TSX: PG; US-OTC: PIRGF) is hoping to follow in the footsteps of some major Canadian success stories in the gold space. And the company has gotten closer to reaching that goal with a…
Kaizen searches for Kamoa analogues in Canada’s Far North
VANCOUVER — Kaizen Discovery (TSXV: KZD; US-OTC: CCNCF) is about to kick-start exploration for sediment-hosted copper deposits at its Coppermine project, 5 km south of the community of Kugluktuk, Nunavut.
Technical troubles dog Copper Mountain in Q1
Mechanical difficulties at Copper Mountain Mining’s (TSX: CUM) 75%-owned Copper Mountain mine in southern B.C. involving a transformer failure on one of the ball mills in February and a 10-day disruption with the regrind mill in March…
Miners recover from heavy rainfall in the Atacama
VANCOUVER — Recent torrential rainfall in the Atacama desert in northern Chile has affected global copper markets. The prolific region hosts major mines, and the recent weather has triggered operational closures that have driven prices…
Mountain Province Diamonds a top pick for Salman Partners
Salman Partners’ senior analyst Raymond Goldie has upgraded Mountain Province Diamonds (TSX: MPV; NASDAQ: MDM) from a “buy” to a “top pick,” after the junior reiterated it is on track and on budget to start…
Orex welcomes Agnico to Barsele in Sweden
VANCOUVER — Orex Minerals (TSXV: REX; US-OTC: ORXIF) has struck a letter of intent (LOI) with Agnico Eagle Mines (TSX: AEM; NYSE: AEM) on the junior’s Barsele gold and base-metal property in Sweden’s prolific Skelleftea mining…
Eira Thomas focuses on value preservation at Kaminak
It’s interesting to watch Eira Thomas’ transition from the diamond space in the gold sector, now that she’s heading up Vancouver-based junior Kaminak Gold (TSXV: KAM; US-OTC: KMKGF).
Facts ‘n’ figures: Tracking trends in global gold recycling
The following is an edited excerpt from the World Gold Council and the Boston Consulting Group’s report The Ups and Downs of Gold Recycling. For more information and to access the full report, visit www.gold.org.
Tata Steel buys LIM’s 49% stake in Howse deposit
Tata Steel Minerals Canada (TSMC) acquired a 51% stake in Labrador Iron Mines’ (TSX: LIM) Howse iron ore deposit in Labrador for $30-million cash in 2013.
Suppliers news: Platts, ArcelorMittal, Igate
Platts buys Minerals Value Service