News

TSX Venture Exchange, July 15-19

The S&P/TSX Venture Composite Index capped off a month-long rally with big gains during the trading period, jumping 2.5%, or 21.97 points, en route to a seven-week high of 920.39 points to end the week. Gains were underpinned by surging…


Stornoway gets the go-ahead at Renard

Stornoway Diamond (TSX: SWY; US-OTC: SWYDF) has received a positive environmental assessment decision from the Canadian government, being the last major permit the company needs to build its flagship Renard diamond mine in Quebec.


Midas Gold's Golden Meadows project in Idaho (2011). Source: Midas Gold

Midas gets a $9.8M infusion from Teck

Midas Gold (TSX: MAX; US-OTC: MDRPF) should have enough cash to advance its Golden Meadows gold-antimony-silver project in Idaho until the end of 2014, thanks to a strong endorsement from Teck Resources (TSX: TCK.B; NYSE: TCK).


TSX and TSX Venture warrants

The following are the warrants of mining-related stocks now trading on the Toronto Stock Exchange and the TSX Venture Exchange. Since our last update to the list, there have been no new warrants added, only deletions of expired warrants.




The mill at Bellekeno under construction in 2010 (now complete). Photo by Mike Burke.

Alexco plans potential shutdown at Bellekeno

VANCOUVER — Vancouver-based producer Alexco Resources (TSX: AXR; NYSE: AXU) is struggling with declining margins at its wholly-owned Bellekeno underground silver mine in the central Yukon. A recent and steep drop in silver prices has…


Firestone Ventures' Torlon Hill zinc-lead-silver project in west-central Guatemala. Credit: Firestone Ventures .

Guatemala to ban new mining, exploration licences

Guatemala’s president Otto Perez Molina plans to place a two-year moratorium on issuing new mining and exploration licences, giving the nation time to reform its mining law, says Tahoe Resources (TSX: THO; NYSE: TAHO).


U.S. markets, July 8-12

U.S. stocks closed the trading week in the green, with the Dow Jones Industrial Average adding 2.2%, or 328.46 points, to 15,464.30. The S&P 500 Index rose nearly 3%, or 48.3 points, to 1,680.19, and the Philadelphia Gold & Silver Index…


Alamos bids $69M for Esperanza Resources

VANCOUVER — Toronto-based producer Alamos Gold (TSX: AGI; NYSE: AGI) looks to have finally nailed down an acquisition in the form of junior explorer Esperanza Resources (TSXV: EPZ) and its wholly owned Esperanza gold-silver project…


The exploration camp at Gold Reach Resources' Ootsa gold project in northwest British Columbia. Source: Gold Reach Resources

Gold Reach advances Ootsa on all fronts

VANCOUVER — The first half of 2013 has been a busy time for Gold Reach Resources (TSXV: GRV) at its Ootsa property in B.C. Since January the company has updated the resource estimates for the pro­ject’s two deposits, shown that…


Toronto Stock Exchange, July 8-12

The S&P/TSX Composite Index beat back the summer doldrums with a 274-point gain, rising to 12,462.18 for the period. The positive momentum came largely on the back of gains in the commodity sector, as oil and metal prices climbed higher.


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