Lake Shore closes $90M financing
Lake Shore Gold (LSG-T, LSG-X) has completed a $90-million public offering to strengthen its balance sheet, which was previously in “bad shape,” Haywood Securities analyst Kerry Smith says.
2012
Metals, mning, stocks and money markets
Spot pricesCourtesy of ScotiabankTuesday, September 18, 2012Precious MetalsPrice…
Detour Lake on track for production in early 2013
When Detour Gold’s (DGC-T) gold project in northern Ontario moves into production in the first quarter of next year — and eventually reaches an average production rate of 657,000 oz. gold a year, for a total of 14.1 million oz. over…
Red Lake performance is a priority, Goldcorp says
Goldcorp’s (G-T, GG-N) difficulties in the first half of the year at its flagship Red Lake operations in northwestern Ontario — including adverse ground conditions in the High Grade zone, and lower-than-expected grades in other…
Integra cuts high grade at Lamaque
It has been a promising six months for Vancouver-based explorer Integra Gold (ICG-V). The company has completed a 30,000-metre diamond drill program at its wholly owned Lamaque gold project located in the Val-d’Or gold camp in…
Editorial: MAC pitches transparency, free trade
For Mining Association of Canada (MAC) president and CEO Pierre Gratton, the future of the nation’s mining industry lies in clear-cut regulatory reform, and in cultivating global free-trade arrangements geared towards expediting the flow…
Commentary: The new SEC rules for disclosing payments
New measures requiring public disclosure by U.S. issuers of payments to governments for mineral exploration and development rights were announced on Aug. 22, 2012, by the U.S. Securities and Exchange Commission pursuant to the Dodd-Frank Act….
Commentary: ‘Dutch Disease’ diagnosis oversimplistic and wrong
The following is an edited excerpt of a speech on the so-called “Dutch Disease,” made by Mark Carney, governor of the Bank of Canada, at the Spruce Meadows Round Table in Calgary on Sept. 7, 2012. For the full speech, including charts and…
Pretium cuts Brucejack resource
Shareholders of Pretium Resources(PVG-T, PVG-N) have seen the total resources at the company’s Brucejack gold-silver project in northern B.C. whittled down after it published a revised resource estimate for one of the project’s…
Great Basin’s great descent
Great Basin Gold (GBG-T, GBG-X) continues to tumble under a delisting review by the Toronto Stock Exchange, following the market response to the company suspending its Burnstone gold mine in South Africa.
Aurizon makes headway in Quebec
Aurizon Mines (ARZ-T, AZK-X) began September with a bang. On the same day it released higher-grade intercepts from its Hosco West and Heva deposits — part of the company’s feasibility-stage Joanna gold project, 20 km east of…
Midland showcases partnership model
Junior Midland Exploration (MD-V) has assembled a number of gold, base metal and rare earth element projects in the Abitibi and James Bay area of Quebec, but it is perhaps best known for championing the partnership model.