News

Belo Sun getting closer at Volta Grande

Belo Sun Mining (TSX: BSX) was  close to seeing construction begin on its Volta Grande project in Brazil but due to recent events in Brazil’s Para State it will have to wait a few more weeks to see if it gets approval.


Trucks used to haul ore from the Ying mine to the mill. Credit: Silvercorp Metals

Silvercorp struggles with operational issues at Ying

VANCOUVER — It was a tough quarter for China-focused producer Silvercorp Metals (TSX: SVM) as the company grappled with staffing and cost issues at its flagship Ying silver mining district in the central province of Henan. The company…


An aerial view of Aura's San Andres  gold mine in Honduras. Credit: Aura Minerals

Aura improves ops, but seeks more funds

Aura Minerals’ (TSX: ORA) move to cut costs across its mines has contributed to promising third-quarter results, but the company still has operating and financing hurdles to clear before it can receive better market recognition, says CIBC…





Toronto Stock Exchange, Nov. 4-8

The S&P/TSX Composite Index was up 17 points to 13,378.33 for the period, as jobs data in Canada and the U.S. beat expectations and bolstered investor confidence. The loonie fell 0.27 of a cent to US95.32¢, after Statistics Canada…


U.S. markets, Nov. 4-8

U.S. stock markets were in positive territory for the fifth week in a row, buoyed by unexpectedly strong jobs data showing that employers added 204,000 non-farm jobs in October, and better-than-expected gross domestic product (GDP) growth….



Trucks at the Detour Lake gold mine in northeastern Ontario. Credit: Detour Gold

Detour Gold slumps on weak 2014 outlook

Detour Gold (TSX: DGC; US-OTC: DRGDF) took a beating after publishing its first commercial earnings at the Detour Lake gold mine in northeastern Ontario, with its shares plunging 20% to a yearly low of $6.16, before closing at $6.35. But that…




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