Virginia Mines funds Coulon exploration
Virginia Mines (TSX: VGQ; US-OTC: VGMNF) has sealed a deal with three institutional funds in Quebec that will help finance a $28-million accelerated exploration program on its Coulon project, a…
Zinc-Lead
Tahoe crosses the production finish line at Escobal
VANCOUVER — Industry success stories have been hard to come by over the past few years, but mine developers like Tahoe Resources (TSX: THO; NYSE: TAHO) are proving that even tough markets can’t stand in the way of a strong…
NovaCopper prepares for a big year
NovaCopper (TSX: NCQ; NYSE-MKT: NCQ) will be coming out with an updated resource estimate for its Bornite carbonate-hosted copper deposit in northwestern Alaska before the end of March, and expects to kick off a prefeasibility study of Arctic,…
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.
Pan American Silver commits to US$80M expansion at La Colorada
VANCOUVER — Pan American Silver (TSX: PAA; NASDAQ: PAAS) is ready to take its La Colorada polymetallic mine in the Chalchihuites district in Mexico’s Zacatecas State to the next level, after a preliminary economic assessment…
Hudbay unveils financing, 2014 guidance
Hudbay Minerals (TSX: HBM; NYSE: HBM) was among the first off the starting blocks this year with news of a $1-billion capital budget for 2014 — the lion’s share of which is earmarked for growth initiatives — and a $150-million…
Santacruz unveils maiden resource at Gavilanes
VANCOUVER — Emerging producer Santacruz Silver Mining (TSXV: SCZ; US-OTC: SZSMF) added more quality in-situ silver equivalent ounces to its books on Dec. 18, when it released an initial resource estimate on its Gavilanes polymetallic…
Macquarie reviews 2013 metal prices
Analysts at Macquarie Commodities Research in London and Beijing have totted-up the final numbers for 2013 and conclude in a research note published Jan. 2 that of all the precious and base metals, palladium posted the largest year-on-year…
Eurasian pushes ahead in Turkey
ISTANBUL, TURKEY — Eurasian Minerals (TSXV: EMX; NYSE-MKT: EMXX) started exploring Turkey’s Western Anatolia and Eastern Pontides mineral belts for gold and silver, as well as porphyry copper targets, more than a decade ago,…
Western Pacific partners with Quintana at Deer Trail
VANCOUVER — In November Western Pacific Resources (TSXV: WRP) was forced to extend its purchase agreement at the historic Deer Lake polymetallic mine, located 266 km southwest of Salt Lake City, Utah. But with a new strategic partner…
International Millennium, Elephant Copper to merge
Vancouver-based International Millennium Mining (TSXV: IMI), which has exploration properties in B.C. and Nevada, is adding ground to its portfolio in Africa through a planned merger with a slightly larger private company called Elephant Copper.
Silvercorp short-seller calls BCSC allegations false
Vancouver hedge-fund executive and owner of the Alfred Little financial blog, Jon Richard Carnes, has lashed out at the British Columbia Securities Commission after it accused him of fraud, calling the allegations “false and without…