Cerro Negro becomes Goldcorp’s newest mine
Goldcorp’s (TSX: G; NYSE: GG) Cerro Negro mine in Argentina produced its first gold dore bar on July 25 and is on track to reach commercial production by the end of this year.
News
Ascot shows old Premier mine has more gold to give
VANCOUVER — Sometimes the best way to find new mineralization is not to look beside an old mine, but to drill right through it. At least that is what the latest drill results from Ascot Resources’ (TSXV: AOT) Premier…
Pebble could be denied before environmental approval process starts
VANCOUVER — The U.S. Environmental Protection Agency (EPA) says it might employ a little-used veto power to block development of the Pebble mine in Alaska’s Bristol Bay, the latest twist in a long battle over the proposed mine.
Claim Post develops Manitoba frac sand
After two years of careful groundwork, Toronto-based junior Claim Post Resources (TSXV: CPS; US-OTC: CLMPF) is well on its way to becoming a provider of premium white silica sand proppant to the oil and gas industry in the U.S. and Canada.
Commentary: Managing human rights problems before they arise
As people become ever more aware of what’s going on in the world — including the impact of commercial activity on human rights — expectations inevitably rise. This in turn increases expectations of how companies and…
BMO looks for leverage to soaring zinc price
With several major zinc mines slated to close in the next few years, zinc prices have responded accordingly — climbing 12% year-to-date and 24% over the last 12 months.
RB Energy shares tank on production delay, financing needs
Shares in RB Energy (TSX: RBI; US-OTC: RBEIF) tumbled by 28% on news that technical issues would delay production at its Quebec Lithium project, and that the company needs another cash infusion just two months after closing a $22-million…
Donner Metals acquires Preissac nickel-copper-PGM property
If you want to find nickel mineralization in Quebec, probably one good place to start is near the past-producing Marbridge nickel mine — the only mine to have produced nickel in the Abitibi region and the first nickel sulphide…
Indonesia threatens Newmont’s licence for Batu Hijau
VANCOUVER — The Indonesian government is threatening to terminate the Batu Hijau copper–gold mine contract if owner Newmont Mining (TSX: NMC; NYSE: NEM) does not withdraw a legal challenge to the country’s new export taxes.
Constantine starts season at Palmer with nice hit
VANCOUVER — The second hole of the season at Constantine Metal Resources’ (TSXV: CEM; US-OTC: CNSNF) Palmer project in southeast Alaska has returned a high-grade copper–zinc intercept from 150 metres below the defined…
TSX Venture back in the green, July 21-25
The S&P/TSX Venture Composite Index registered a modest 5.2-point gain en route to a 1,017.44-point close. Markets were buoyed by an increase in base metal and energy futures, though analysts noted light mid-year trading volumes.
TSX climbs, July 21-25
The S&P/TSX Composite Index gained 188.47 points to close the trading week at 15,455.04. The S&P/TSX Capped Diversified Metals & Mining Index advanced 32.39 points to 924.02, while the S&P/TSX Global Gold Index stayed relatively…