Volume 100 Number 23 Jul 21 - 27, 2014

Nova Scotia fracking study urges caution

Nova Scotia’s deputy chief medical officer Frank Atherton is recommending that the provincial government take a cautious approach to hydraulic fracturing, or fracking, and argues in a new discussion paper that the relevant authorities…

The skies open for Rainmaker

In the last six months, Rainmaker Resources (TSXV: RMG) has acquired frac sand assets in both Canada and the U.S. that are close to key infrastructure and existing frac sand operations.

Processing facilities at Rockwell Diamonds' 74%-owned Niewejaarskraal diamond mine on the south bank of the Orange River in South Africa's Northern Cape province. Credit: Rockwell Diamonds

Campbell pilots Rockwell to new riches on Orange River

When James Campbell completed his honours degree in mining and exploration geology in 1985 from the Royal School of Mines at Imperial College London, he had three job offers waiting for him: working on an oil rig in the North Sea, at a gold…

Job losses drive down TSX, July 7-11

Poor jobs data showing that Canada lost 9,400 jobs in June, sending the unemployment rate up to 7.1% from 7% in May, put pressure on the Canadian dollar and the S&P/TSX Composite Index. The dollar ended the week at $1.0734 to the greenback,…

US stocks drop, July 7-11

The S&P 500 Index dropped 18 points to 1,967.57, marking its worst week since April, as European economic uncertainty continued. The Dow Jones Industrial Average fell 124 points to 16,943.81, while the Nasdaq Composite Index gave back 70…

TSX Venture takes a step back, July 7-11

The S&P/TSX Venture Composite Index lost 1.4%, or 14.83 points, during the trading sessions before closing the week at 1,022.93 points. Markets were hit by falling energy futures and a report from Statistics Canada that indicated the…

Construction at the Pimenton mine in Chile. In the second quarter of 2014, Pimenton produced 2,643 ounces of gold, up from 2,558 ounces of gold in the first quarter of the year, while cash costs fell from US$919 per oz. to US$778 per oz. Credit: Cerro Grande Mining

Cerro Grande cuts costs at Pimenton

At the end of January, the Toronto Stock Exchange launched a delisting review of Cerro Grande Mining (TSX: CEG; US-OTC: CEGMF) to determine whether the junior could keep a $2-million market value for 30 straight trading days.

A truck underneath a frac sand silo beside a storage house at Victory Silica's Seven Persons frac sand plant. Photo by Matthew Keevil.

Victory enters frac sand fray with Seven Persons plant

MEDICINE HAT, ALTA — When it comes to open-pit mining, having more than 100 million tonnes of overburden sitting on top of your deposit is typically a situation best avoided, but for junior Victory Nickel (TSX: NI; US-OTC: VNCKF)…

Good frac sand needs to be strong, nearly spherical and consistently sized, with a high-temperature endurance. Photo by Bill Cunningham

Frac sand 101: The grains explained

VANCOUVER — Horizontal drilling and fracturing technology have unlocked vast reservoirs of oil and gas from shale basins across North America. The continent hosts 67 billion barrels of technically recoverable shale oil and 1,238 trillion…

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