Alamos on verge of derailing Hecla bid as battle for Aurizon builds
VANCOUVER — The battle for Aurizon Mines (ARZ-T, AZK-X) is getting nasty.
Canada
Selwyn turns the page after eight years at Howard’s Pass
VANCOUVER — It has been quite a ride for Vancouver-based junior Selwyn Resources (SWN-V) since it acquired a 100% stake in the Howard’s Pass zinc-lead project in the eastern Yukon from a Placer Dome joint venture in 2005. The story…
Wesdome to put Kiena on care and maintenance
VANCOUVER — Shares of Toronto-based Wesdome Gold Mines (WDO-T) took a tumble following news that the company is suspending activities at its Kiena underground gold mine in Val-d’Or, Que. The company announced on March 8 that it…
TomaGold and Quinto jump on Monster Lake gold hits
VANCOUVER — After a few high-grade gold hits, TomaGold’s (LOT-V) share price is up almost 200% since mid-February, while its thinly traded joint-venture partner on the project, Quinto Real Capital (QIT-V), is up an astonishing…
TSX Venture inches downward, March 4-8
VANCOUVER — The S&P TSX Venture Composite Index closed out another week with relatively little overall movement during the March 4-8 period, falling just 0.2% or 2.24 points before trading settled at 1,117.85 points. Despite…
Wesdome falls on Kiena mine suspension
VANCOUVER — Shares of Toronto-based operator Wesdome Gold Mines (WDO-T) took a tumble following news it was suspending activities at its Kiena underground mine located in Val d’Or, Quebec. The company announced on March 8 that…
TomaGold and Quinto soar on Monster Lake gold hits
VANCOUVER – A few high-grade gold hits and TomaGold’s (LOT-V) share price is up almost 200% since mid-February, while its thinly-traded joint venture partner on the project, Quinto Real Capital (QIT-V) is up an astonishing 1,850% .
PDAC: Survival tips for juniors
In a market, where majors are struggling to perform, there seems little hope that juniors will weather the storm, making strategies to survive a popular theme at this year’s Prospectors and Developers Association of Canada (PDAC)…
First Quantum’s annual profit hit by lower copper prices
VANCOUVER — Despite a 16% year-on-year jump in copper production Vancouver-based First Quantum Minerals (FM-T, FQM-L) told a familiar story during an annual report on its 2012 fiscal year: falling average realized copper prices and rising…
Hecla trumps Alamos with deal to acquire Aurizon
VANCOUVER — Hecla Mining (HL-N) and Aurizon Mines (ARZ-T, AZK-X) started talking about a business combination in 2006, but couldn’t agree on the terms. However, they liked each other enough that they maintained contact, waiting…
Kaminak outlines fully funded 2013 program at Coffee
VANCOUVER — It is full steam ahead for Vancouver-based explorer Kaminak Gold (KAM-V) at its wholly owned Coffee gold project in the Yukon’s White Gold district. Fresh off its maiden resource, which cemented Coffee’s…
Editorial: Brunswick takes its final bow
The iconic symbol of mining in the Maritime provinces, the Brunswick zinc-lead mine in northern New Brunswick’s Bathurst camp, is ceasing mining operations this month after 48 years and four different owners.