In danger of breaking a loan covenant because of a slow ramp-up at its Red Chris copper-gold mine in northwestern B.C., Imperial Metals (TSX: III; US-OTC: IPMLF) is turning once again to its largest shareholders for financial help.
Short positions outstanding at May 15/15 (with changes from April 30/15).
Fasken Martineau has earned this year’s Global Mining Law Firm of the Year Award by law firm researcher Who’s Who Legal. The honour represents the seventh time the firm has gotten the distinction in the area of mining.
Since acquiring ESG Solutions in December 2014, Spectris (US-OTC: SEPJF; LSE: SXS) is overseeing its new division’s expansion plans in the mining and geotechnical space, and ESG has boosted its research and development (R&D) and…
The following is an edited excerpt from Norton Rose Fulbright’s summary of its 2015 Litigation Trends Annual Survey. The survey polled more than 800 corporate counsel representing companies across 26 countries. For more information and to…
It’s getting hard to keep up with all the price-fixing scandals in the global banking system, even if the names of the guilty and the patterns of abuse and settlement are getting familiar.
China cut interest rates for the third time in six months to shore up its economy, just as weaker-than-expected industrial production, retail sales and consumer sentiment in the U.S. cast a pall over the economy and hinted that the…
VANCOUVER — Barrick Gold (TSX: ABX; NYSE: ABX) has uncovered a hidden gold deposit known as Alturas, in Chile’s gold-rich El Indio district, 30 km south of the former El Indio mine.
The S&P/TSX Venture Composite Index eked out a 4.16-point gain over the trading session to close at 695.31. The index has been stuck at late-2008 levels of 700 points and below since November.
Canada’s main stock index retreated during the trading week. The S&P/TSX Composite Index fell 0.4% to 15,108.12. The S&P/TSX Capped Diversified Metals & Mining Index dropped 1.4% to 794.05, and the S&P/TSX Global Gold…
VANCOUVER — It’s not too often that a capital financing structure can be described as a true win-win situation. PearTree Financial has come close, however, with its innovative flow-through donation program, which helps mining…
Osisko Gold Royalties (TSX: OR) has amassed a 9.8% stake in Labrador Iron Ore Royalty (TSX: LIF) since the beginning of the year, and of that, 7.2% was acquired in the first quarter, Osisko noted in its quarterly financial statements.
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