Guyana Goldfields starts building its Aurora gold mine
Guyana Goldfields (TSX: GUY) has started construction activities at its flagship Aurora gold project in Guyana, CEO Scott Caldwell said on a conference call yesterday.
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Macusani hits PEA milestone in Peru
VANCOUVER — Toronto-based junior Macusani Yellowcake (TSXV: YEL) has moved one step closer to a production decision at its 900-sq.km uranium portfolio, which lies 180 km northwest of the city of Juliaca in southeastern Peru. On Dec….
Short Position Report
TSX Short Positions Short positions outstanding at Nov. 30/13 (with changes from Nov….
CNSX courts struggling juniors
The dire predictions that hundreds of junior miners would be delisted from the TSX Venture Exchange this year have turned out to be dead wrong, despite the continuing downturn in the sector, which began in 2011.
Editorial: Pot-ashen in Saskatchewan
December started off in a rather sombre way for Canadian mining, with former Prairie golden child Potash Corp. of Saskatchewan announcing deep and immediate cuts at its Canadian, U.S., and Trinidadian operations.
Prophecy Platinum reports a half-mile of mineralization
Picture seven football fields in a row of continuous mineralization, and that’s the width of platinum group metal (PGM) mineralization intercepted in a single drill hole at Prophecy Platinum’s (TSXV: NKL; US-OTC: PNIKF) Wellgreen…
Toronto Stock Exchange, Nov. 25-29
The S&P/TSX Composite Index took some time to catch its breath, as the index ended its strong run and fell 84 points to 13,395.40 points for the period. The loss of momentum came after data south of the border showed weaker-than-expected…
Japanese nuclear re-start is the key for higher uranium prices
With spot uranium oxide prices in the third quarter averaging US$35.95 per lb. — down from US$66.50 per lb. before the Fukushima Daiichi nuclear power-plant disaster in March 2011 — it is no surprise that uranium producers in Russia…
Searching for a silver lining
Thomson Reuters GFMS presented their Interim Silver Market Review at the Annual Silver Industry Dinner, in New York on November 12, and while the report points to some distinct advantages that the metal has when compared to the other hard-luck…
Highland Copper to acquire White Pine
Highland Copper (TSXV: HI; US-OTC: HDRSF) is expanding its footprint in northern Michigan with the acquisition of the White Pine copper project, 100 km southwest of its Keweenaw copper project.
Juniors weather storm in rough markets: PwC
It’s been a rough two years for junior mining companies globally, with a steep drop in commodity prices accompanying an uneven recovery in the world’s industrial economies, and a serious drop in investor confidence. Canadian miners…
US markets, Nov. 25-29
The Dow Jones Industrial Average and the S&P 500 marked their eighth straight week of gains, with the Dow climbing 21.64 points, or 0.14% to 16,086.41, and the S&P 500 up 1.05 points, or 0.10% to 1,805.81. The eight-week streak for the…