New Gold nears decision day at Rainy River
VANCOUVER — It’s been a busy six months for producer New Gold (TSE: NGD; NYSE-MKT: NGD), with a pair of economic studies providing some insight on where the company may develop its next gold mine.
Canada
Denison to drill 60,000 metres in 2014
While challenging market conditions are forcing many companies to axe their exploration budgets, Denison Mines (TSX: DML; NYSE-MKT: DNN) is pumping $15 million into a 60,000-metre drill program in the Athabasca basin in 2014, marking one of its…
Premier Clark opens Roundup, extends flow-through tax credit
VANCOUVER — With thick fog blanketing Vancouver, B.C. Premier Christy Clark kicked off the city’s biggest mining conference of the year — Mineral Exploration Roundup 2014 — with a speech that included a commitment to…
Cameco rises on uranium optimism
Saskatoon-based Cameco (TSX:CCO; NYSE:CCJ), like many uranium miners, is enjoying renewed predictions of higher uranium prices and growing demand.
Editorial: Falling loonie resets expectations
The free fall of the Canadian dollar, which has only accelerated in 2014, undoubtedly has the CFOs of Canada’s mining companies breaking out the spreadsheets and tallying up the pluses and minuses of the new, low-loonie environment.
TNM staff writer discusses BC mining on CBC Radio
The Northern Miner’s staff writer Matthew Keevil joined host Mark Forsythe on CBC Radio’s B.C. Almanac show in Vancouver this afternoon to discuss the B.C. government’s jobs plan and the state of the province’s mining…
TSX Venture Exchange, Jan. 13-17
The S&P/TSX Venture Composite Index extended its rally during the trading sessions, with a 9.79-point gain leading to a 976.34-point weekly close, which marks the Venture’s highest close since April 2011. Market enthusiasm was fuelled…
Gold Reach keeps pulling mineralization out of Ootsa
VANCOUVER — With 53 drill holes completed in 2013, Gold Reach Resources (TSXV: GRV; US-OTC: GRJVF) is showing that the hills around Houston reliably host copper, gold, silver and molybdenum.
Adanac Moly renews pleas for takeover
For the last two years, Adanac Molybdenum (TSXV: AUA; US-OTC: AUAYF) has tried to find a buyer for all or part of the companyl, and its Ruby Creek molybdenum project in B.C.
Xmet grabs land around Zenyatta’s Albany graphite play
VANCOUVER — Several months ago, explorer Xmet (TSXV: XME; US-OTC: XMTTF) hit the brakes on its acquisition of the resource-stage Duquesne–Ottoman gold project from Clifton Star Resources (TSXV: CFO) due to tough market…
El Nino wins arbitration in BC for Kasala copper project in DRC
For the last four years, El Nino Ventures (TSXV: ELN; US-OTC: ELNOF) has fought an increasingly bitter battle to keep its grip on Infinity Resources, a joint venture that owns the Kasala copper project in the Democratic Republic of the Congo.
Copper Mountain starts 2014 on a high note
Copper Mountain Mining (TSX: CUM) has exited 2013 in high gear, with the December quarter marking the fifth consecutive quarter of production growth at its namesake copper–gold mine near Princeton, B.C.