Dundee tallies gold resource at Kapan in Armenia
Dundee Precious Metals (TSX: DPM) released its much-anticipated maiden resource estimate for the Shahumyan gold deposit at its Kapan mine in Armenia, and the market apparently likes what it sees.
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Bear Creek nears permitting milestone at Corani
VANCOUVER — It has been a two-year journey for Peruvian-focused junior Bear Creek Mining (TSXV: BCM; US-OTC: BCEKF) and its flagship, wholly owned Corani silver-lead-zinc project, located 160 km southeast of Cusco. But after concluding…
Resource estimate lifts Roxgold
Shares of Roxgold (TSXV: ROG; US-OTC: ROGFF) took flight after the junior increased the indicated resource for the 55 zone gold deposit on its Yaramoko exploration permit in Burkina Faso by 143%, where the company expects to complete a…
Sierra Metals goes deeper at Yauricocha
Sierra Metals’ (TSX: SMT; TSXV: SMT; US-OTC: DBEXF) claim that its underground Yauricocha silver-copper-lead-zinc-gold mine in Peru has plenty more to give at deeper depths is proving correct.
North American Nickel sees good signs at Maniitsoq
VANCOUVER — The 4,800 sq. km Maniitsoq nickel-sulphide project in southwest Greenland may seem like a large-scale play for a junior, but that ambition may pay off for Vancouver-based North American Nickel (TSXV: NAN; US-OTC: WSCRF).
Eagle Hill buys out Noront at Windfall Lake
Eagle Hill Exploration (TSXV: EAG) owns 100% of the Windfall Lake gold property in Val-d’Or, Que., after acquiring Noront Resources’ (TSXV: NOT; US-OTC: NOSOF) 25% interest in the project for $5 million and 25 million shares.
Chinese coal producer makes move on Australia’s Inova Resources
Shanxi Donghui — a privately held coal and chemical producer founded by two wealthy Chinese brothers based in China’s Shanxi province — has launched a US$145-million, all-cash takeover bid for Inova Resources (TSX: IVA; ASX:…
Short Position Report
Short positions outstanding at Aug 31/13 (with changes from Aug 15/13).
Base metal equities to shine in November, Salman Partners says
Stock markets are starting to recognize that they have been under-pricing base metal equities, Salman Partners senior mining analyst Raymond Goldie reasons and investors should “wait two months, then start taking advantage of this trend.”
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, September 3, 2013 Precious MetalsPrice…
Commentary: Understanding Bill 43
Bill 43 is the third attempt to reform Quebec’s Mining Act in the last five years. The first two bills were tabled by the Liberal government, but were not passed. This latest bill (Bill 43), tabled by the minority Parti…
Shawn Ryan’s new Yukon vision
DAWSON CITY, YUKON — Shawn Ryan could have retired.