Kaminak’s Coffee project ‘as vanilla as it gets’
Kaminak Gold (TSXV: KAM; US-OTC: KMKGF) president and CEO Eira Thomas says the company’s high-grade and potentially high-margin Coffee gold project in the Yukon would be simple to mine and process.
2014
Antofagasta to buy Duluth Metals
VANCOUVER — Chilean copper miner Antofagasta (LSE: ANTO; US-OTC: ANFGY) and Toronto-based explorer Duluth Metals (TSX: DM; US-OTC: DULMF) are joint-venture partners in the Twin Metals Minnesota…
Gold majors lose their shine
The share prices of major gold producers plunged to multi-year lows following actions of the central banks in the U.S. and Japan that pushed down the gold price and clouded producers’ third-quarter results.
TSX Venture flounders as gold plummets, Oct. 27-31
The S&P/TSX Venture Composite approached a 52-week low during the trading sessions after it lost 4.5%, or 35.86 points, before closing at 769.59 points. Gold futures dropped while the Industrial Product Price Index lost 0.4% in September…
US stocks soar, Oct. 27-31
U.S. equities gained as the American economy showed signs of improvement.
Cameco takes a hit in Q3, cuts 2014 revenue outlook
Cameco (TSX: CCO; NYSE: CCJ) swung to a loss during the third quarter, as it took impairment charges on two investments, and trimmed its full-year uranium production forecast and revenue guidance.
Geologic Materials Center opens in Alaska
The state of Alaska’s geological collection has a new home in Anchorage.
True North Gems builds Greenland’s first ruby mine
True North Gems (TSXV: TGX; US-OTC: TNGMF) kicked off its first field season in Greenland a decade ago, but is finally closing in on the prize: an open-pit mine that will produce ruby and pink sapphire gemstones starting next year, and running…
Commentary: After Tsilhqot’in – Aboriginal issues for project proponents north of 60
Ever since the Tsilhqot’in decision was handed down by the Supreme Court of Canada in June, lawyers, journalists, economists and project proponents alike have been assessing the ruling’s impact on the development of natural resource…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, November 4, 2014Precious MetalsPrice…
Canadian Zinc fine-tunes its plan at Prairie Creek
VANCOUVER — It’s a tough market for juniors with development-stage assets, and that’s especially true for Canadian Zinc (TSX: CZN; US-OTC: CZICF) and its Prairie Creek polymetallic project, 500 km west of Yellowknife in…
Macquarie Research cuts Kinross target price
With gold falling to a four-year low of US$1,171.60 per oz. on the afternoon of Halloween, many gold miners saw their shares slip to 52-week lows.