2017

TSX loses ground, June 26-30

The S&P/TSX Composite Index fell 0.9%, or 137.37 points, to a 15,182.19-point close. Spot gold prices ventured near eight-week lows, falling US$15.10 to US$1,241.61 per oz., whereas Comex copper prices…


Process manager Nick Ricci inside the plant at Pershing Gold’s Relief Canyon gold project, 150 km northeast of Reno, Nevada. Credit: Pershing Gold.

Pershing re-envisages Relief Canyon as low cost mine

VANCOUVER — After one year of infill drilling and number crunching, Pershing Gold (NASDAQ: PGLC) has produced a prefeasibility study (PFS) for its Relief Canyon open-pit, heap-leach gold project, 150 km…









Tesla’s Gigafactory near Sparks, Nevada, which is expected to start producing battery cells later this year. Credit: Tesla’s Gigafactory near Sparks, Nevada, which is expected to start producing battery cells later this year. Tesla.

Cobalt 27 offers ‘pure play’

VANCOUVER — Cobalt 27 Capital’s (TSXV: KBLT) $200-million initial public offering (IPO) on the TSX Venture Exchange on June 23 shows there’s a growing appetite among investors for exposure to the…


Operations at Goldcorp's Penasquito mine, which lies 50 km from the Camino Rojo gold-silver project in Mexico. Credit: Goldcorp.

Orla to buy Camino Rojo from Goldcorp for $35M

VANCOUVER — Orla Mining (TSXV: OLA; US-OTC: ORRLF) may have scored a “fire-sale” deal on Goldcorp’s (TSX: G; NYSE: GG) Camino Rojo gold-silver project that lies 50 km southeast of Goldcorp’s…



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