Volume 100 Number 31 Sep 15 - 21, 2014

A stockpile of ore from Torex Gold's Guajes gold mine in Mexico's Guerrero gold belt. Credit: Torex Gold

Torex Gold plans large, low-cost mine in Mexico

When Torex Gold Resources’ (TSX: TXG) El Limon–Guajes open-pit gold mine in Mexico’s Guerrero gold belt ramps up to full production in 2017, the company expects it will be among the largest and lowest-cost gold mines in the…

Mining personnel explore Kaminak Gold's Coffee project in the Yukon. Credit: Kaminak Gold

Kaminak discovers gold zone at Coffee

It’s been a brutal year for many companies in the mining sector, but 2014 is turning out to be pretty good for debt-free junior explorer Kaminak Gold (TSXV: KAM; US-OTC: KMKGF).

Weakness dominates TSX, Sept. 2-5

The holiday-shortened trading week saw the S&P/TSX Composite Index fall 55.81 points, or 0.4%, to 15,569.92, and the S&P/TSX Capped Diversified Metals & Mining Index drop 2.01 points, or 0.2%, to 877.98. The S&P/TSX Global Gold…

TSX Venture loses ground, Sept. 2-5

The S&P/TSX Venture Composite took a step back during the shortened trading period, as it lost 2.8%, or 29.1 points, en route to a 994.89-point weekly close. Precious metal and commodity futures were on the decline, and Statistics Canada…

US stocks march higher, Sept. 2-5

U.S. equities ended the week on a positive note, despite a weak jobs report. The Dow Jones Industrial Average rose 39 points to 17,137.36, while the S&P 500 Index added 4 points to 2,007.71. The tech-heavy Nasdaq Composite…


In the story “Rare Element sees ‘significant change’ in REE markets” (T.N.M., Sept. 8–14/14), the net present value of the Bear Lodge project was incorrectly expressed in billions instead of millions. In fact, Bear…

Levon Resources vice-president of exploration Vic Chevillon holds a core sample at the Cordero silver-zinc-lead project in Chihuahua, Mexico. Credit: Levon Resources

Levon touts ‘large-scale’ discovery in Mexico

VANCOUVER — The silver market has declined since cash-rich explorer Levon Resources (TSX: LVN; US-OTC LVNVF) last released a resource estimate at at its wholly owned Cordero silver–zinc–lead project in…

Workers load the first shipment of vanadium pentoxide from Largo Resources' Maracas mine in Brazil. Credit: Largo Resources

Largo ships first vanadium

One month after commercial production started at its high-grade Maracas vanadium mine in Brazil, Largo Resources (TSXV: LGO; US-OTC: LGORF) has turned over the first vanadium pentoxide (V2O5) to its off-take partner, Glencore (LSE: GLEN).

A drill site at Corvus Gold's North Bullfrog gold project, 15 km north of Beatty, Nevada. Credit: Corvus Gold

Corvus uncovers high-grade zone at North Bullfrog

VANCOUVER — It’s been a bountiful year for explorer Corvus Gold (TSX: KOR) at its North Bullfrog project, 15 km north of Beatty, Nev. The company is in the midst of a 20,000-metre drill program at the site, and has kept a strong…

A haul truck at Dominion Diamond's 80%-owned Ekati diamond mine in the Northwest Territories. Credit: Dominion Diamond

Dominion Diamond shines with Q2 profits of US$27M

Dominion Diamond (TSX: DDC; NYSE: DDC) says its 80%-held Ekati mine and 40%-held Diavik mine in the Northwest Territories performed “exceptionally well” in the second fiscal quarter of 2015, with rough diamond production and sales…

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