Edgewater stacks the gold ounces at Corcoesto in Spain
VANCOUVER — Edgewater Exploration (TSXV: EDW) is closing in on a production decision at its Corcoesto gold property in Galicia, Spain.
News
ITH’s Livengood struggles at today’s gold price
It doesn’t look like International Tower Hill Mines’ (TSX: ITH; NYSE: THM) huge Livengood gold project in Alaska will be hosting a mine construction crew any time soon. The company has released a feasibility study…
Workers strike at Tasiast; Kinross to pick up option at Las Pampas
News of a strike action at Kinross Gold’s (TSX: K; NYSE: KGC) troubled Tasiast gold mine in Mauritania brings the total number of strikes to three since the Toronto-based producer acquired its 100% stake in 2010.
Chinese investment comes at a price for Champion Iron
A Hong Kong investment company has invested $3 million for an 11% stake in Champion Iron Mines (TSX: CHM) and its portfolio of iron ore properties in the Labrador Trough.
Newcrest swallows A$6.2B writedown
Newcrest Mining’s (TSX:NM; ASX: NCM) warning in early June that it would be taking up to a A$6-billion writedown on its various gold mining assets around the world has come to pass, and the bite is a little deeper than first anticipated…
Laramide’s Henderson takes the long view
Laramide Resources (TSX: LAM; US-OTC: LMRXF; ASX: LAM) ended 2012 with an enterprise value of less than US$1 per lb. in the ground for its district-scale uranium resource in Australia and a handful of smaller projects in the U.S. — yet…
Potash producers plummet after Russia’s Uralkali quits cartel
VANCOUVER — Russian major Uralkali (LSE: URKA) has apparently bowed out of one of the world’s two big potash cartels, which together supported prices by limiting supplies. It was an unexpected move that stunned the potash market on…
Fission’s technical team remakes the Athabasca basin
VANCOUVER — Fission Uranium (TSXV: FCU) made headlines last year with the J-Zone discovery at its Waterberg uranium joint-venture in Saskatchewan’s Athabasca basin, and the company is showing no signs of slowing down.
Toronto Stock Exchange, July 29-Aug. 2
The S&P/TSX Composite Index was off 19 points to 12,603.25 for the period, as precious metal prices slumped and job numbers out of the U.S. disappointed market watchers.
Bob Rae on the Ring of Fire
Talks between First Nations and the Ontario government regarding development in the remote Ring of Fire area are set to start soon, now that both sides have appointed lead negotiators.
Candente eyes Cobriza to boost opportunities
The whole appears greater than the sum of its parts for Candente Copper (TSX: DNT), which is acquiring Cobriza Metals (TSXV: CZA; US-OTC: CBZMF) — a company it spun out in late 2011 — to survive and hopefully thrive in a harsh…
Ur-Energy shares gain momentum
Ur-Energy (TSX: URE; NYSE-Arca: URG) has seen its shares nearly double in the past year, as it gears to become the next U.S.-based uranium producer.