Trevali finds more copper and gold at Stratmat in New Brunswick
Trevali Mining (TSX: TV; US-OTC: TREVF) is hitting the right notes with its drill programs in Peru and New Brunswick, discovering three zones over the last three months.
Canada
Kaminak discovers gold zone at Coffee
It’s been a brutal year for many companies in the mining sector, but 2014 is turning out to be pretty good for debt-free junior explorer Kaminak Gold (TSXV: KAM; US-OTC: KMKGF).
Dominion Diamond shines with Q2 profits of US$27M
Dominion Diamond (TSX: DDC; NYSE: DDC) says its 80%-held Ekati mine and 40%-held Diavik mine in the Northwest Territories performed “exceptionally well” in the second fiscal quarter of 2015, with rough diamond production and sales…
First Nations group working on Ring of Fire infrastructure plan
Yet another infrastructure plan is in the works for Ontario’s remote Ring of Fire region, this one for an infrastructure corridor consisting of a railway, power and a seasonal seaport in James Bay.
TSX soars, Aug. 25-29
Canada’s main stock index kicked off the Labour Day weekend with a 90.18-point gain to 15,625.73. The S&P/TSX Global Gold Index edged up nearly 4 points to 202.10, helped by a US$6.40 per oz. jump in the gold spot price, which closed…
TSX Venture on the rise, Aug. 25-29
The S&P/TSX Venture Composite finished in the green for the second straight week during the trading period, as it jumped 1.8%, or 18.41 points, en route to a 1,023.99-point close. Markets followed energy and precious metals futures upward,…
Imperial agrees to First Nations review of Red Chris
Imperial Metals (TSX: III; US-OTC: IPMLF), the beleaguered miner behind the large Mount Polley tailings spill in B.C., has agreed that the Tahltan Central Council could review the tailings facility at its Red Chris copper–gold mine now…
Primero to expand San Dimas
Primero Mining (TSX: P; PPP: NYSE) has green-lighted an expansion of its San Dimas gold–silver mine in Durango, Mexico, a move that will increase production by 25% at a cost of only $26.4 million.
Kirkland Lake drills new gold zones at South Mine
VANCOUVER — Aggressive drilling has paid off for producer Kirkland Lake Gold (TSX: KGI; US-OTC: KGILF) at its Macassa and South Mine Complex (SMC) in Kirkland Lake, Ont., with the company expanding gold mineralized zones…
Strike notice prompts closure of Cameco’s McArthur River
Cameco (TSX: CCO; NYSE: CCJ) has closed down McArthur River, the world’s largest uranium mine, and its Key Lake mill, in Saskatchewan’s Athabasca basin, over a labour dispute.
Start small in the Ring of Fire, Noront CEO says
There’s no question that massive infrastructure will need to be built in order to mine the large chromite deposits in the Ring of Fire, says Noront Resources (TSXV: NOT) president and CEO Alan Coutts.
US stocks advance, Aug. 18-22
U.S. equities had a strong run during the Aug. 18–22 week. The Dow Jones Industrial Average jumped 338 points to 17,001.22. The S&P 500 Index rose 33 points to 1,988.40, while the tech-heavy Nasdaq Composite Index climbed 74 points to…