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US stocks drop, July 7-11

The S&P 500 Index dropped 18 points to 1,967.57, marking its worst week since April, as European economic uncertainty continued. The Dow Jones Industrial Average fell 124 points to 16,943.81, while the Nasdaq Composite Index gave back 70…


Job losses drive down TSX, July 7-11

Poor jobs data showing that Canada lost 9,400 jobs in June, sending the unemployment rate up to 7.1% from 7% in May, put pressure on the Canadian dollar and the S&P/TSX Composite Index. The dollar ended the week at $1.0734 to the greenback,…




Processing facilities at Rockwell Diamonds' 74%-owned Niewejaarskraal diamond mine on the south bank of the Orange River in South Africa's Northern Cape province. Credit: Rockwell Diamonds

Campbell pilots Rockwell to new riches on Orange River

When James Campbell completed his honours degree in mining and exploration geology in 1985 from the Royal School of Mines at Imperial College London, he had three job offers waiting for him: working on an oil rig in the North Sea, at a gold…


Geologist Chuck Fipke.

Fipke sells Ekati stakes to Dominion

VANCOUVER — More than two decades after his prospecting efforts kicked off a diamond rush in Canada’s Northwest Territories, Chuck Fipke is cashing in his chips.


The mill at Primero Mining's Black Fox gold mine in Timmins, Ontario.  Credit: Primero Mining

Primero gets to work on Black Fox underground

VANCOUVER — After snapping up Brigus Gold and its Black Fox mine for $220 million in late 2013, Primero Mining (TSX: P; NYSE: PPP) pledged it would turn operations around and realize the project’s dormant underground potential….



Pershimco Resources' Cerro Quema gold project in southern Panama. Credit: Pershimco Resources

Cerro Quema shines for Pershimco in Panama

A newly tabled prefeasibility study of Pershimco Resources’ (TSXV: PRO; US-OTC: RSPRF) Cerro Quema gold project in southern Panama outlines a low-cost, open-pit operation generating 78,500 oz. gold a year over five years, with production…


Workers collect samples from the Azteca zone at Cayden Resources' El Barqueno gold project in Jalisco, Mexico. Credit: Cayden Resources

Cayden three for three at El Barqueo

Cayden Resources (TSXV: CYD; US-OTC: CDKNF) keeps hitting gold at its El Barqueno project in Jalisco state, Mexico, coming up with its third discovery at the project in July.


The Firebag silica sand project in northern Alberta. Credit: Athabasca Minerals

Dundee initiates coverage of Athabasca Minerals

Production at Athabasca Minerals’ (TSXV: ABM; US-OTC: ABCAF) Firebag silica sand project in northern Alberta could ramp up in late 2016 and early 2017 — perfect timing to capitalize on  growing frac sand demand in North…


Construction at the Pimenton mine in Chile. In the second quarter of 2014, Pimenton produced 2,643 ounces of gold, up from 2,558 ounces of gold in the first quarter of the year, while cash costs fell from US$919 per oz. to US$778 per oz. Credit: Cerro Grande Mining

Cerro Grande cuts costs at Pimenton

At the end of January, the Toronto Stock Exchange launched a delisting review of Cerro Grande Mining (TSX: CEG; US-OTC: CEGMF) to determine whether the junior could keep a $2-million market value for 30 straight trading days.


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