U.S. Markets were recovering at press time after a sluggish March 18-22 period. The dominant theme over the last week was troubled European nation of Cyprus, as the period ended with the fear that the island country would not be bailed out by…
VANCOUVER – For US$438 million Gold Canyon Resources (GCU-V) could transform its Springpole project in northern Ontario into a profitable gold-silver mine, according to a new preliminary economic assessment (PEA).
EMED Mining (EMD-T, EMED-L) posted a net loss in 2012 of 11.5 million Euros ($15.1 million), up from a loss of 9.7 million Euros in 2011. Of the loss last year, 6.8 million Euros were attributed to exploration and care and maintenance expenses…
Toronto’s resource-heavy index retreated during the March 18–22 as concerns over Cyprus’ financial state dominated the week.
VANCOUVER — A strong fourth quarter capped off another banner year for Vancouver-based streaming outfit Silver Wheaton (SLW-T, SLW-N). On March 21 the company reported record production and financial results during 2012, and…
With large companies shedding assets to trim costs and juniors struggling to pay the bills—not to mention raise money—it’s probably safe to say that listing a new exploration company these days is not for the faint of…
VANCOUVER – Record silver and gold production that beat its own guidance enabled Fortuna Silver Mines (FVI-T) to achieve record revenues in 2012, a feat that leaves the company well positioned to complete a planned expansion at its…
Mercator Minerals (ML-T) had a difficult year in 2012 but one that ended with improved operations and a stronger balance sheet, despite taking a US$119.8 million write-down on its El Creston molybdenum-copper project in Mexico.
Liberia is getting close to getting its first modern commercial gold mine.
VANCOUVER – Goldman Sachs has cut its iron ore price forecasts and downgraded its Rio Tinto (RTP-N, RIO-L) recommendation from Neutral to Sell. The reason? More than 90% of the company’s 2012 earnings came from iron ore, a sector…
Last month Scotiabank’s Vice President of Economics and Commodity Market Specialist, Patricia Mohr, received the 2012 Metal Bulletin Apex awards for the top gold and overall precious metals price forecasts. Mohr received top honors for her…
VANCOUVER — With the US$5.1-billion hostile takeover of Toronto-based Inmet Mining (IMN-T) by large-cap peer First Quantum Minerals (FM-T, FQM-L) looking all but wrapped up, it seems an opportune time to take a look at the shifting…
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