The Indonesian government has given the go-ahead for Freeport-McMoRan Copper & Gold’s (FCX-N) to resume open-pit mining at its Grasberg complex after suspending operations there following the death of 28 workers in May.
VANCOUVER — Shareholders and a Supreme Court judge stymied an attempt by 17% shareholder Dundee (DC-T) to install new management and block an asset sale at Formation Metals (FCO-T), after a disagreement over how the cobalt-focused company…
VANCOUVER — Vancouver-based explorer Newstrike Capital (NES-V) remains hard at work at its wholly-owned Ana Paula gold-silver project in Guerrero State, Mexico. After releasing Ana Paula’s maiden resource in late March — which…
Short positions outstanding at June 15/13 (with changes from May 31/13).
VANCOUVER — Pitching a large-scale molybdenum mine is likely not an easy task in today’s market, but Vancouver-based junior Avanti Mining (AVT-V) has proven that there is still a global demand for the industrial metal. The company…
For over a year, Great Quest Metals’ (GQ-V) Tilemsi phosphate project in Mali has been in limbo, waiting for peace to return to the remote northern corner of the troubled West African nation.
Fortuna Silver (FVI-T) continues to bulk up its San Jose mine in the south of Mexico, and this time it is doing it for free.
In the last two months, Pangolin Diamonds (PAN-V) has discovered two of the seven new kimberlites found in Botswana over the last five years and added as a consultant Manfred Marx, a diamond geologist who led the field team that in…
Spot pricesCourtesy of ScotiabankTuesday, June 18, 2013 Precious MetalsPrice…
The S&P/TSX Venture Composite Index lost ground for the second consecutive week during the trading period, with the exchange dropping 1.9%, or 17.83 points, en route to a 933.57-point close. The Venture lost ground early in the week on…
Recently, mining operators and investors have been playing it safe in Quebec. No business wants to be in a situation where mining taxes become an intrinsic production cost that could jeopardize a project’s profitability.
The Toronto Stock Exchange took a beating during the week, with the S&P/TSX Composite Index tumbling 186 points to 12,187.36, as worries resurfaced of the U.S. Federal Reserve tapering its bond-buying program.
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