News

U.S. stocks retreat again, May 7-11

More alarming economic data from China and the European Union, China’s biggest export market, along with political deadlock in Greece, combined to send U.S. equities down sharply during the May 7-11 trading week. China’s industrial…


The core shack at Moneta Porcupine Mines' Golden Highway project, 100 km east of Timmins, Ont., holds more than 250 km of historical core. Photo by Moneta Porcupine mines

Moneta Porcupine boosts Golden Highway

Just four months after reporting a 3.1-million-oz. gold resource from three open-pit zones at its flagship Golden Highway project 100 km east of Timmins, Moneta Porcupine Mines (ME-T) is back in the news with drill results from a fourth zone…


B2 Gold shows faith in Calibre

B2Gold (BTO)-T will help finance Calibre Mining’s (CXB-V) exploration activities in Nicaragua by purchasing 20 million Calibre units for $5 million in cash.


El Morro hits a road bump

Following the Chilean Supreme Court’s move to temporarily suspend the environmental permit for the El Morro copper-gold project, an analyst says the project should be shelved until the next decade. 





Nunavut explorers fired up for 2012

Nunavut has been a tough place for gold companies of late, with Newmont Mining (NMC-T, NEM-N) shelving its Hope Bay gold project and Agnico-Eagle Mines (AEM-T, AEM-N) cutting years off its new Meadowbank gold mine in the face of cost overruns.


Allana pumps up potash resource at Dallol

Toronto-based explorer Allana Potash (AAA-T) took a step closer to -releasing a bankable feasibility study on its  Dallol potash project in Ethiopia when it released an updated resource estimate to kick off May.



Gold Fields eyes Bear Lake’s assets

Gold Fields (GFI-N) has signalled interest to acquire a majority stake in Bear Lake Gold’s (BLG-V) early stage exploration assets, driving shares of the Ontario-focused junior up 50% on April 10.


Core from Curis Resources' Florence copper project in Pinal County, Arizona. Photo by Photo by Ian Bickis

Curis an innovator and educator at Florence

When it comes to the mining industry’s grand stage, companies are often required to play different roles. The tale is much the same for Hunter Dickinson-backed Curis Resources (CUV-T) in its gambit to develop its Florence in-situ copper…


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