Goldcorp sells Osisko investment for $530 million
Goldcorp (G-T, GG-N) has sold its 10.1% equity interest in Osisko Mining (OSK-T) for roughly $530 million.
News
Salazar expands deposit and market cap
Salazar Resources (SRL-V) has expanded its El Domo deposit in Ecuador with the latest round of drilling and the market likes what it sees. Highlight intercepts came out of three separate holes and included: 27.61 metres grading 2.12 grams…
PEA is out on US Golds’s El Gallo project
Rob McEwen’s goal of having US Gold (UXG-T) included in the S&P 500 index within four years may seem like a tall order to some, but the industry veteran may just be able to pull it off.
Commentary: Canadian gov’t tightens temporary foreign worker regulations
Whether your company currently employs temporary foreign workers (TFW), or whether your company may do so in the future, you need to be aware of the new Temporary Foreign Worker Program regulations that will come into force on April 1, 2011.
Canadian coal miners riled by US deal with Ridley Terminals (February 08, 2011)
Vancouver – British Columbia and Alberta coal producers have accused a federal Crown Corporation of “putting American jobs ahead of Canadian jobs” after St. Louis-based Arch Coal (ACI-N) announced a five-year deal to ship Powder River Basin…
TSX climbs as economic outlook brightens
The TSX Composite Index gained 255 points for the Jan. 31- Feb. 4 period finishing at 13, 791.85 as economic indicators bolstered investor confidence. Chief among the good signs was news that real GDP was up 0.4% in November and that economic…
Venture Exchange posts solid gains in Jan. 31-Feb. 4 trading week
The S&P/TSX Venture composite index posted robust gains in the Jan. 31-Feb. 4 trading week, surging 354.27 points or 2.64% to close at 13,791.85. One hundred and twenty-eight companies reached new 52-week highs, while the number of…
U.S. markets robust in Jan. 31-Feb.4 trading week
A drop in the unemployment rate, rising metal prices and accelerated merger and acquisition activity combined to boost optimism about economic recovery in the United States, sending the Dow Jones Industrial Average and the S&P 500 index to…
Roundup: We need more discoveries, part II (February 07, 2011)
Last week, we presented the Canadian exploration projects highlighted at the Mineral Exploration Roundup presented by the Association for Mineral Exploration British Columbia (AME BC). This week, we turn to the international scene.
More long intercepts for Trelawney (February 07, 2011)
Trelawney Mining and Exploration (TRR-V) has raised expectations in a short period of time. So much so that the latest drill results, that would be the envy of many junior gold explorers, failed to impact the company’s stock value.
Bjorkdal grows 50%
The overall resource at Gold-Ore Resources’ (GOZ-T) Bjorkdal gold mine in Sweden has grown by more than 50% from the previous estimate reported last March.
African Copperbelt: still risky after all these years
The African Copperbelt running through Zambia and the Democratic Republic of the Congo (DRC) hosts some of the world’s richest copper and copper-cobalt deposits, and has attracted dozens of junior companies over the years. But like moths to a…