Volume 100 Number 27 Aug 18 - 24, 2014

A core-storage facility at Aquila Resources' Back Forty gold-zinc project in Michigan's Upper Peninsula. Credit: Aquila Resources

Aquila rises on positive PEA for Back Forty

Shares of Aquila Resources (TSX: AQA; US-OTC: AQARF) rose 15% after the Toronto-based firm published an updated preliminary economic assessment (PEA) for its gold- and zinc-rich Back Forty project in Michigan’s Upper Peninsula.

Newstrike Capital CEO Richard Whittall at the Ana Paula gold project in Guerrero state, Mexico. Credit: Newstrike Capital

Ana Paula will be profitable, Newstrike’s Whittall says

Newstrike Capital (TSXV: NES; US-OTC: NWSKF) president and CEO Richard Whittall is certain the upcoming preliminary economic assessment (PEA) on the company’s 2.25 million oz. Ana Paula gold project will prove it’s a…

TSX ends in negative territory, Aug. 5-8

The S&P/TSX Composite Index tumbled during the shortened trading week, losing nearly 19 points to 15,196.31. The S&P/TSX Capped Diversified Metals & Mining Index fell 15.57 points to 903.70. But gold miners stayed strong, with the…

Processing facilities at Potash Corp's Cory mine in Saskatchewan. Source: Potash Corp

PotashCorp ups 2014 earnings forecast

Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) has upped its full-year earnings guidance for the second time this year after a better-than-expected second-quarter profit of US$472 million.

A drill rig at Fission Uranium's Patterson Lake South (PLS) uranium project in Saskatchewan. Credit: Fission Uranium

Fission going strong at PLS

VANCOUVER — Fission Uranium (TSXV: FCU; US-OTC: FCUUF) hit mineralization in every one of the first 14 holes of its mid-year drill program at Patterson Lake South (PLS), continuing a drilling success story that has delineated shallow,…

Timmins Gold doubles Q2 profits

Timmins Gold (TSX: TMM; NYSE-MKT: TGD) has reported a second-quarter profit of US$3.2 million, or US2¢ per share, which is double the amount earned a year ago, but below the consensus estimate of US4¢ per share.

Newmont to build mine in Suriname

After spending the past year selling off assets and slashing costs, Newmont Mining (NYSE: NEM; TSX: NMC) is moving forward with its Merian gold mine project in Suriname, and plans to spend up to $1 billion to build its first mine in the South…

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