Avalon Rare Metals (AVL-T, AVL-X) reports that exploration drilling completed last year has lifted indicated resources at its flagship Nechalacho rare-earth deposit in the Northwest Territories by 73% to 152.3 million tonnes grading 1.32% total…
The latest drill results from Cobriza Metals (CZA-T) Arikepay project in Peru have the company confident it has made a new porphyry discovery.Results from the two best holes were highlighted by 238 metres averaging 0.29% copper,…
At a time when investor sensitivities to management miscues and misguided strategies are running high, Agnico-Eagle Mines (AEM-T, AEM-N) stands out as a miner that has stuck to its mantra of providing stable growth with low political risk . . ….
Christopher Chang of Laurentian Bank Securities believes Panoro Minerals’ (PML-V) Cotabambas copper-gold project in Peru could become an acquisition target, and has initiatied coverage of the junior with a “buy” rating…
The message out of Agnico-Eagle Mines’ (AEM-T, AEM-N) headquarters after the second quarter is one of stability and efficiency.The company says the first half of the year was all about optimizing its five mines, and with the process…
Juniors mining companies have been struggling for months to raise capital, and with coffers running low, they are resorting to all sorts of methods to conserve what cash they have.Exploration budgets are being slashed and secondary projects set…
Vancouver-based explorer Spanish Mountain Gold (SPA-V) is on track to release updated economics for its Spanish Mountain gold project 70 km northeast of Williams Lake, B.C., by October. The company pushed back the date on its pre-feasibility…
Anglo American (AAL-L, AAUKY-Q) reported diamond production fell in the second quarter ended June 30 by 11% to 7.2 million carats because of market conditions and a focus on planned maintenance and waste stripping, while De Beers, in which…
The best-laid schemes o’ the mining industry’s mice an’ men gang aft agley an awful lot these days, leaving investors with nothing but “grief an’ pain, for promis’d joy!”Yea, the inability of mining…
The S&P/TSX Venture Composite Index slipped 5.55 points during the period to end at 1,190.64 points after two days of losses outweighed three days of gains. Volume was down considerably, coming in 20 million shares lower than the week…
The Dow Jones Industrial Average surpassed the 13,000 level for the first time since early May, rallying 253 points to end the week up 2% at 13,075.66. This upward trend was seen in other major indexes during the period. The S&P 500 Index…
A new preliminary feasibility study (PFS) on Seabridge Gold’s (SEA-T, SA-X) Courageous Lake gold project in the Northwest Territories suggests the project is viable at current gold prices, and more work needs to be done to lift its…
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