Volume 100 Number 20 Jun 30 - Jul 6, 2014

Capstone Mining's Santo Domingo iron oxide-copper-gold project in Chile's Atacama region, 130 km northeast of Copiapo in 2014. Credit: Capstone Mining

Capstone’s Santo Domingo feasibility shows potential

Capstone Mining (TSX: CS; US-OTC: CSFFF) has published a promising feasibility study for its Santo Domingo iron oxide–copper–gold project in Chile’s Region III, showing it could churn out an average 248 million lb. copper in…

Alacer Gold's Copler gold mine in east-central Turkey, 120 km southwest of the city of Erzincan. Credit: Alacer Gold

Alacer plans sulphide expansion at Copler

VANCOUVER — For US$660 million Alacer Gold (TSX: ASR; US-OTC: ALIAF) could add a sulphide circuit to its heap-leach Copler (“Çöpler” in Turkish) gold mine in Turkey, an expansion that should pay for itself in the…

Detour Gold general manager of operations Chuck Hennessey (left) with president and CEO Paul Martin in the processing plant at the Detour Lake gold mine in Ontario. Photo by Trish Saywell.

Steady hands whip Detour Lake into shape

COCHRANE, ONTARIO — When you look at the careers of Detour Gold’s (TSX: DGC) chief operating officer Pierre Beaudoin and president and CEO Paul Martin, it’s almost as if both men had been groomed for their task of bringing the…

TSX hits record high, June 16-20

Canada’s benchmark index gained for the third straight week. The S&P/TSX Composite Index climbed 107.36 points to finish the week at 15,108.97, before reaching an all-time closing high of 15,112.22 points a day earlier.

U.S. equities surge, June 16-20

The U.S. Federal Reserve’s latest suggestion that it would keep interest rates low seemed to outweigh concerns about the renewed turmoil in Iraq, sending the Dow Jones Industrial Average and the S&P 500 Index to record highs. The…

Gold dor produced at Lake Shore Gold's Timmins West gold-mining complex in Ontario.  Credit: Lake Shore Gold

Lake Shore prepays $10M in debt

Toronto-based Lake Shore Gold (TSX: LSG; NYSE-MKT: LSG) says its strong operating results and growing cash position has helped it make a $10-million prepayment on a standby line of credit with Sprott Resource Lending Partnership, reducing the…

June proves to be a golden month

The remarkable move upwards of gold prices in mid-June has gold investors catching their collective breath and walking with a little more spring in their step, as June draws to an end and gold prices firm up well north of US$1,300 per oz.

An aerial view of a camp under construction at Guyana Goldfields' Aurora gold project in Guyana. Credit: Guyana Goldfields

Guyana Goldfields fully funds Aurora

Guyana Goldfields (TSX: GUY) has secured financing to bring its Aurora gold project in Guyana into production by mid-2015. The good news came in the form of approvals by a group of lenders to provide US$185 million in debt financing to cover…

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