Fission finishes winter PLS program with more hot holes
VANCOUVER — Fission Uranium’s (TSXV: FCU; US-OTC: FCUUF) winter drill program at its Patterson Lake South (PLS) uranium project in the southwest Athabasca was a remarkable success.
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New zone shines for Fortuna Silver at San Jose
VANCOUVER — Fresh from doubling the throughput at its San Jose silver–gold mine in Mexico, Fortuna Silver Mines (TSX: FVI; NYSE: FSM) is finding that a steady stream of high-grade drill results from the mine’s new Trinidad…
TSX Venture closes flat, April 28-May 2
The S&P/TSX Venture Composite Index shrugged off early week doldrums to gain 0.87 of a point during the trading sessions, en route to 1,014.46-point close. Commodity futures rallied late in the period, while a U.S. economic report indicated…
U.S. markets gain on jobs data, April 28-May 2
U.S. markets finished April strong, with all three major indexes posting gains for the period. The Dow Jones Industrial Average was up 149 points to 16,512.89 points, the S&P 500 Index gained 16 points to 1,881.14 points and the Nasdaq in…
Hudbay’s Manitoba business going strong and growing
Hudbay Minerals (TSX: HBM: NYSE: HBM) swung to a net loss in the first quarter of $27.2 million, or 15¢ per share, compared to a profit of $1.9 million, or 1¢ per share, in the first quarter of 2013, mainly due to a temporary…
Semafo shows short term sacrifice pays off
Semafo (TSX: SMF) decided some short term pain would be worth the long term gain.
Drill results drive Roxgold’s shares higher
Roxgold (TSXV: ROG) is trying to define a second resource on its 100%-owned Yaramoko property in Burkina Faso’s Houndé greenstone region, and the latest drill results from the company’s QV1 target — about 1.8 km south…
Forum returns promising results from Athabasca drills
VANCOUVER — It’s been a busy start of the year for explorer Forum Uranium (TSXV: FDC; US-OTC: FDCFF) with a pair of drill programs on opposing margins of Saskatchewan’s prolific Athasbasca Basin.
Digging for diamonds
A roundup of the latest news from Canadian-listed diamond explorers, developers and miners. Afri-Can Marine Minerals Afri-Can Marine Minerals (TSXV: AFA) reported in January the results of a positive prefeasibility study…
Dominion Diamond banks on Ekati
It’s been one year since Dominion Diamond (TSX: DDC) took over operations at the Ekati diamond mine in the Northwest Territories, and president and CEO Bob Gannicott says the company’s transition…
Lucara’s Karowe mine proves to be a gem
Lucara Diamond (TSX: LUC) had a very good 2013 at its Karowe mine in Botswana, reporting annual financial results in February that exceeded expectations. The company reported revenues of US$180.5…
Stornoway lands $944M financing for Renard
Stornoway Diamond (TSX: SWY) announced in April that it had lined up a $944-million financing to build its Renard diamond mine in north-central Quebec. The binding agreement with several different…