Barrick’s Alturas discovery could be the next Veladero
VANCOUVER — Barrick Gold (TSX: ABX; NYSE: ABX) has uncovered a hidden gold deposit known as Alturas, in Chile’s gold-rich El Indio district, 30 km south of the former El Indio mine.
2015
Suppliers news: Fasken Martineau named mining law firm of the year
Fasken Martineau has earned this year’s Global Mining Law Firm of the Year Award by law firm researcher Who’s Who Legal. The honour represents the seventh time the firm has gotten the distinction in the area of mining.
TSX Venture edges up, May 11-15
The S&P/TSX Venture Composite Index eked out a 4.16-point gain over the trading session to close at 695.31. The index has been stuck at late-2008 levels of 700 points and below since November.
PearTree helps industry give back via charity flow-through
VANCOUVER — It’s not too often that a capital financing structure can be described as a true win-win situation. PearTree Financial has come close, however, with its innovative flow-through donation program, which helps mining…
Golden Arrow forges ahead with feasibility at Chinchillas
VANCOUVER — It’s tough times for junior exploration, but Golden Arrow Resources (TSXV: GRG: US-OTC: GARWF) has persevered at its flagship Chinchillas silver-lead-zinc property, 280 km from San Salvador de Jujuy, Argentina. With…
Wall Street gains, May 11-15
China cut interest rates for the third time in six months to shore up its economy, just as weaker-than-expected industrial production, retail sales and consumer sentiment in the U.S. cast a pall over the economy and hinted that the…
Labrador Iron Ore Royalty could become takeover target
Osisko Gold Royalties (TSX: OR) has amassed a 9.8% stake in Labrador Iron Ore Royalty (TSX: LIF) since the beginning of the year, and of that, 7.2% was acquired in the first quarter, Osisko noted in its quarterly financial statements.
TSX ends in the red, May 11-15
Canada’s main stock index retreated during the trading week. The S&P/TSX Composite Index fell 0.4% to 15,108.12. The S&P/TSX Capped Diversified Metals & Mining Index dropped 1.4% to 794.05, and the S&P/TSX Global Gold…
Agnico invests in juniors Belo Sun, Pershimco
Belo Sun Mining (TSX: BSX; US-OTC: VNNHF) got a welcome boost after Agnico Eagle Mines (TSX: AEM; NYSE: AEM) said it would buy a 17.4% interest in the junior for $15 million.
Editorial: Forex manipulators fined
It’s getting hard to keep up with all the price-fixing scandals in the global banking system, even if the names of the guilty and the patterns of abuse and settlement are getting familiar.
Facts ‘n’ Figures: Norton Rose Fulbright tracks rise in legal disputes
The following is an edited excerpt from Norton Rose Fulbright’s summary of its 2015 Litigation Trends Annual Survey. The survey polled more than 800 corporate counsel representing companies across 26 countries. For more information and to…
Focus Ventures keeps busy at Bayovar 12 in Peru
Focus Ventures (TSXV: FCV) has made progress in a short time at its Bayovar 12 phosphate project in northern Peru — but it wasn’t always focused on phosphate.