Copper Mountain a takeover target, CIBC says
Copper Mountain Mining (CUM-T) and its pure-play copper mine in British Columbia could become a takeover target, Matthew Gibson of CIBC argues in a new research report.
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TSX slumps during Sept. 17-21 week
The S&P/TSX Composite Index was down 115.8 points during the Sept.17-21 trading week, as the enthusiasm waned over the recently announced stimulus packages from central banks in the U.S., Europe and China. The index ended at 12,383.60.
TSX Venture posts gains Sept. 17-21
VANCOUVER — The S&P TSX Venture Composite Index closed the week at 1,345.72, up 2.05% or 27.62 points. The index continued to grind out gains despite volatile commodity prices and macro-economic uncertainty surrounding the Euro…
Serra Pelada fully funded to production in 2013
Canaccord Genuity analyst Nicholas Campbell has raised his 12-month target price on Colossus Minerals (CSI-T, COLUF-O) by $1 to $10 per share after the junior exploration and development company signed an agreement with Sandstorm Gold (SSL-V,…
US equities dip slightly, Sept. 17-21
While the S&P 500 remained near highs not seen since December 2007 after the European Central Bank announced its bond-buying plan on Sept. 6 and the U.S. Federal Reserve followed a week later with a third round of quantitative…
Queenston bulking up at Upper Beaver
Queenston Mining’s (QMI-T) flagship project in Kirkland Lake, Ont., is growing more robust. The company has results from 17 surface holes from its wholly owned Upper Beaver project, and is set to deliver more ounces in an upcoming…
Hart gives Liberty a ray of hope
Less than two weeks after Timmins, Ont.-focused Liberty Mines (LBE-T) suspended production because of declining nickel prices, it posted a positive preliminary economic assessment (PEA) for its Hart nickel deposit.
Noront hopes to soar with Eagle’s Nest
Toronto-based Noront Resources (NOT-V) is banking on a newly published feasibility study at its advanced-stage Eagle’s Nest polymetallic nickel-sulphide deposit — which also includes copper, platinum, palladium and gold — to…
The case for phosphate, Quebec and Arianne
When Michael Goldberg of Stonecap Securities looks at Arianne Resources (DAN-V) and its phosphate project in northern Quebec, he sees one thing: a takeover target.
McEwen plots out El Gallo’s next growth stage
A feasibility study for phase two of McEwen Mining’s (MUX-T, MUX-N) expanding El Gallo mine supports production of an additional 5 million oz. silver a year for seven years from the company’s mining complex in Sinaloa, Mexico….
Brigus expands underground ops at Black Fox
After turning the corner at its Black Fox gold mine east of Timmins, Ont., earlier this year, Halifax-based Brigus Gold (BRD-T, BRD-X) has followed up with a solid operational second quarter that saw costs decline and gold production rise.
Osisko fine-tunes Canadian Malartic
Osisko Mining (OSK-T) continues to improve the performance of its Canadian Malartic gold mine in Malartic, Que., achieving record production levels once again in August.