Orbite eyes high-grade alumina production in 2015
Orbite Aluminae (TSX: ORT; OTCQX: EORBF) says its high-purity alumina (HPA) plant in Cap-Chat, Que., is on track to reach commercial production early next year.
Canada
Trevali’s Caribou looks profitable
Trevali Mining (TSX: TV; US-OTC-TREVF) is firing on all cylinders, with commercial production underway since February at its Santander zinc–lead–silver mine in Peru, and a preliminary economic assessment (PEA) newly wrapped up at…
Garibaldi hits silver and gold in Mexico, hunts copper in BC
VANCOUVER — Ten years of developing and permitting new technology, staking ground, flying surveys, mapping, sampling, and finally, identifying drill targets, is paying off for Garibaldi Resources (TSXV: GGI; US-OTC: GGIFF): it has hit a…
Ximen sizes up gold, silver potential in southern BC
VANCOUVER — It’s early days for the team at Ximen Mining (TSXV: XIM; US-OTC: XXMMF), but president and CEO Christopher Anderson has big plans for its historic gold and silver projects in southern B.C. Ximen has locked down a pair of…
Fission 3.0 looks to score a three-peat in the Athabasca
VANCOUVER — Here’s hoping Fission 3.0 (TSXV: FUU; US-OTC: FISOF) is a chip off the old block when it comes to uranium exploration success stories.
TSX Venture has a rough week, May 5-9
The S&P/TSX Venture Composite Index racked up a week of straight losses totalling 2.3%, or 23.4 points, before closing at 991.1. Statsistics Canada reported that the country lost 28,900 jobs in April. Meanwhile, commodity futures were…
Meadowbank improvements lift Agnico’s profits
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) wrapped up a strong first quarter, with profits of US$109 million, ahead of the US$24 million earned in the same period last year.
Fortune to buy Revenue mine in Colorado
Fortune Minerals (TSX: FT; US-OTC: FTMDF) is buying 100% of the Revenue polymetallic mine in southwestern Colorado in a staged transaction, putting it a step closer to becoming a junior producer.
Virginia flexes exploration muscle at Wabamisk
Virginia Mines (TSX: VGQ) made its name, and a fortune, with its Eleonore discovery Quebec’s James Bay territory, but that doesn’t mean that it is done with the region yet.
[Update] Two drillers dead at First Nickel’s Lockerby mine
At First Nickel’s (TSX:FNI) underground Lockerby nickel-copper mine southwest of Sudbury, Ont., seismic activity that apparently preceded a fall in ground claimed the lives of two contract drillers: Marc Methe, 34, and Norm Bissaillon, 49.
TSX moves up, April 28-May 2
The Toronto stock market had a strong trading week, helped by decent corporate earnings and better-than-expected jobs data from the U.S., with the S&P/TSX Composite Index gaining 232 points to 14,765.15.
TSX Venture closes flat, April 28-May 2
The S&P/TSX Venture Composite Index shrugged off early week doldrums to gain 0.87 of a point during the trading sessions, en route to 1,014.46-point close. Commodity futures rallied late in the period, while a U.S. economic report indicated…