Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, September 23, 2014Precious MetalsPrice…
News
US stocks rise, Sept.15-19
U.S. equities ended the trading week in positive territory. The Dow Jones Industrial Average added 292 points to end at 17,279.74, while the S&P 500 Index rose 25 points to 2,010.40. The tech-heavy Nasdaq Composite Index jumped 12 points to…
Probe Mines brings ex-Barrick CEO on board
On Sept. 16, a day after Jamie Sokalsky stepped down as Barrick Gold’s (TSX: ABX; NYSE: ABX) president and CEO, came news of his first post-Barrick appointment: director and chairman of junior Probe Mines (TSXV: PRB; US-OTC: PROBF).
Gainey Capital aims to fast-track El Colomo
VANCOUVER — Over two years ago Gainey Capital (TSXV: GNC) CEO David Coburn saw promise in a private Mexican precious metal operation 135 km southeast of Mazatlan — along the border of the States of Nayarit and Durango…
Metals, mining and money markets
Spot prices Courtesy of Scotiabank Tuesday, September 16, 2014 Precious Metals Price (US$/oz.) Change Gold $1,238.75 -17.25 Silver $18.75 -0.25 Platinum $1,369.00 -26 Palladium $839.00 -42 Base…
Zenyatta advances Albany graphite project toward PEA
With a preliminary economic assessment on its Albany graphite project in northern Ontario due in the fourth quarter, Zenyatta Ventures (TSXV: ZEN; US-OTC: ZENYF) is nailing down the details of how the operation would work, including the…
Commentary: Securing uranium supply: Why the spot price is rising
For those who may not have been following the uranium sector, the spot price for uranium oxide has climbed more than US$3.50 per lb. in a matter of weeks. Recent events over the past year have woken utilities up to the fact that securing…
Ontario’s jackleg drilling champion crowned
This year’s North American Mining Expo in Sudbury featured a new attraction — the inaugural Ontario Jackleg Drilling Competition.
Bear Creek keeps Corani on track, reduces costs
As Bear Creek Mining (TSXV: BCM) works to produce an updated feasibility study for its flagship Corani silver–lead–zinc project in southern Peru by year-end, its efforts to reduce costs are already paying off.
Dundee: Premier ‘living up to its name’
When it comes to development-stage assets, those offering a combination of higher-grade, simple mining and low-operating costs, and favourable jurisdictions are typically the ones that are acquired by larger producers, analysts at Dundee…
Robust economics in GoGold’s PEA for Santa Gertrudis
After clinching a deal earlier this year to secure Animas Resources and its past-producing Santa Gertrudis gold mine in Mexico’s Sonora state, GoGold Resources (TSX: GGD) has released a preliminary economic assessment (PEA) outlining the…
Drilling prices ‘not sustainable’: Major Drilling
Prices for drilling services have reached levels that are too low to be viable in the long term, said Francis McGuire, president and CEO of Major Drilling Group International (TSX: MDI), in the company’s most recent financial statements…