The second week of December was a sideways one for the S&P/TSX Venture Composite Index, as it alternated between small gains and small losses to end the session up just 0.66 point at 1,183.62. Trading volumes were average, ranging between…
Toronto-based Duluth Metals (DM-T) and 40% joint-venture partner Antofagasta (ANTO-L) can claim to hold one of the largest pollymetallic sulphide deposits following a resource update on the Twin Metals project near Ely, Minn. Duluth announced…
The holiday season has been rough for Taseko Mines (TKO-T, TGB-X), which is facing a potential strike at its operating mine and a new setback in the seemingly endless effort to permit its new mine.
Pessimism about negotiations to avert the fiscal cliff drove U.S. equity markets down, with the Dow Jones Industrial Average slipping 0.32%, or 4.49 points, to close at 1,413.58, while the S&P 500 Index lost 0.15%, or 20.12 points, to…
Spot pricesCourtesy of ScotiabankTuesday, December 18, 2012Precious MetalsPrice…
Toronto-based gold producer Primero Mining (P-T, PPP-N) has waded into merger-and-acquisition waters with a friendly offer to buy Australian gold explorer Cerro Resources (CJO-V, CJO-A) in an all-stock deal worth US$120 million.
Vancouver-based explorer Brixton Metals (BBB-V) can barely contain its excitement over the silver-equivalent grades it has been cutting at its Thorn pollymetallic project, 130 km southwest of Atlin in northwestern B.C. The company followed up…
Controlling a district rich with volcanogenic massive sulphides has its advantages.
HD Mining wants to develop an underground coal mine in northern B.C. The resource on its property is as good as it gets in the coal world — high-quality metallurgical coal, the kind used to make steel — and there’s enough of…
North American Palladium (PDL-T, PAL-N) is losing its second key executive in the last three months, and CIBC World Markets is taking that as an ominous sign.
“To add the amount of ounces we’re adding there are simply not a lot of opportunities – it was almost a must-have for us to add this asset to our portfolio,” said Keith Neumeyer, president and CEO of First Majestic Silver (FR-T). He was…
Flush with US$750 million in cash from the sale to Minera Frisco (MSNFY-O) of its Ocampo mine and adjacent exploration projects Venus and Los Jarros in Mexico’s Chihuahua state and its 50% interest in Orion, an advanced exploration…
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