Detour getting Detour Lake into game shape
Detour Gold (TSX: DGC) continues to whip its recently commissioned Detour Lake gold mine into shape.
Canada
TSX Venture Exchange, July 2-5
The S&P/TSX Venture Composite Index finished in the green for the first time in four weeks during the shortened trading period, with a 2.87-point gain to close at 884.27. An early jump in commodity prices fuelled positive investor sentiment…
Fostering ‘Mining Minds’
Mining Minds is a new initiative aimed at educating young people about Canada’s geology and mineral resources while promoting the mining industry and related career opportunities.
Editorial: A pit stop at the halfway point
The Canadian mining industry staggered and gasped to complete the first half of 2013, a little dehydrated and cramped, and trying to summon the strength to get through the rest of the year in competitive shape.
Procon invests $12M in Fortune Minerals
Procon Resources, a Vancouver-based mining contractor that is majority owned by China CAMC Engineering, is making an $11.7-million strategic investment in Fortune Minerals (TSX: FT) at a price of 40¢ per share — a 14% premium over…
Quest to sell 100% of Strange Lake’s zirconia to TAM
Quest Rare Minerals (TSX: QRM; AMEX: QRM) received a much-needed boost after reporting that it intends to sell 100% of the anticipated annual zirconia production from its Strange Lake rare earth deposit in northern Quebec to New York-based…
Sabina finds high-grade gold at George
Sabina Gold & Silver (SBB-T) has pulled some encouraging grades from the George deposit at its Back River gold-silver project in Nunavut ahead of a prefeasibility study (PFS) due later this year.
Commentary: A look at Canada’s strengthened Foreign Anti-Corruption Law
On June 19, 2013, Canada’s Corruption of Foreign Public Officials Act (CFPOA) was amended. New provisions significantly increase penalties for and the scope of individual and corporate liability for bribery of foreign public officials,…
TSX Venture Exchange, June 24-28
The S&P/TSX Venture Composite Index has been slipping for four weeks after dropping 1.6%, or 14.39 points, en route to a 881.40-point weekly close. It has lost around 9%, or 87.66 points, since the first week of June.
Royal Nickel’s Dumont reaches feasibility
Royal Nickel (RNX-T) has something to cheer about with a positive feasibility study tabled on its large-scale Dumont nickel-sulphide project in Quebec’s Abitibi region, 25 km west of the city of Amos and 60 km northeast from the…
Barkerville’s new, much smaller Cow Mountain estimate
VANCOUVER — It took almost a year, but Barkerville Gold Mines (BGM-V) has stepped back — way back — from its claim that the Cow Mountain portion of its Cariboo gold project hosts a huge gold resource, and has the potential to…
OSC finds ‘unacceptable’ non-compliance among miners
The Ontario Securities Commission (OSC) has reported there is an “unacceptable” level of non-compliance when it comes to exploration and mining firms disclosing required information in technical reports — a vital document used…