Toronto Stock Exchange, Jan. 6-10
Canada’s benchmark index gained during the week, as prices of gold and other commodities rose following poor North American jobs data.
South America
Coro to sell 70% stake in Argentina copper-gold project
Two private companies, one based in Russia and the other in the Ukraine, have signed an agreement with Coro Mining (TSX: COP; US-OTC: CROJF) to buy 70% of its wholly owned San Jorge copper–gold project in Mendoza, a province in Argentina…
Panoro improves Antilla’s copper metrics in Peru
Panoro Minerals (TSXV: PML; US-OTC: POROF) has grown its copper resource by 38% and its molybdenum resource by 53% at its wholly owned Antilla project, 140 km southwest of the city of Cuzco and 120 km southwest of its Cotabambas project in…
Iamgold options into Solvista Gold’s Caramanta project
Shares of Solvista Gold (TSXV: SVV) rose 31% after Iamgold (TSX: IMG; NYSE: IAG) signed an option agreement for the junior’s Caramanta gold project in Colombia.
Eike Batista’s boom and bust
VANCOUVER — How do you turn US$35 billion into less than US$400 million in 18 months?
Commentary: Rob McEwen on the outlook for 2014
Rob McEwen, chairman and chief owner of McEwen Mining, shared his thoughts with The Northern Miner about the outlook for the mining industry in 2014. McEwen Mining’s principal assets consist of the San Jose mine in Santa Cruz, Argentina…
Conflict at Buritica leaves two artisanal miners dead
Building a commercial-scale mine in Colombia is no small task.
Canada Lithium and Sirocco to merge
A merger between Canada Lithium (TSX: CLQ; US-OTC: CLQMF) and Sirocco Mining (TSXV: SIM; US-OTC: ATAAF) would make the combined entity one of just two public companies that produce iodine and lithium, the companies say.
[Update] Colossus proposes costly debt-equity deal to stay alive, then Arias cancels deal
VANCOUVER – Colossus Minerals (TSX: CSI) has spent the last six-plus years bringing the historic Serra Pelada gold-platinum-palladium project in Brazil to the brink of production. It has worked alongside a consortium representing tens of…
Continental releases drill results, stays mum on artisanal situation
While it offered no update on the contentious removal of illegal miners from its flagship property, Continental Gold (TSX: CNL) released some promising drill results from the site.
Iamgold cuts power rates in Suriname, builds solar-power project
In August Iamgold (TSX: IMG; NYSE: IAG) reached an agreement with the Republic of Suriname to cut its power rate at the Rosebel mine from 20¢ per kilowatt hour to 14¢ per kilowatt hour.
Capstone’s Pinto Valley ‘doing better than expected’
Capstone Mining (TSX: CS; US-OTC: CSFFF) shares got a boost after the Vancouver-based firm said its recently acquired Pinto Valley copper–molybdenum mine in Arizona could produce more than the targeted 22 million to 27 million lb. copper…