Volume 100 Number 49 Jan 19 - 25, 2015

Processing facilities at Rockwell Diamonds' Niewejaarskraal diamond mine on the south bank of the Orange River in South Africa. Credit: Rockwell Diamonds

Rockwell Diamonds expands footprint with new acquisition

Johannesburg-based alluvial miner Rockwell Diamonds (TSX: RDI; US-OTC: RDIAF), which owns three diamond mines near the midpoint of South Africa’s Orange River, is buying assets close to its operations that will enlarge its resource base…

U.S. equities slip, Jan.5-9

The U.S. market fell during the week amid lower oil prices. The S&P 500 Index slipped 13.39 points to 2,044.81, while the Dow Jones Industrial Average fell 95.62 points to 17,737.37. The Nasdaq Composite closed down 22.74 points at…

Equipment at Ivanhoe Mines' Platreef platinum project in South Africa. Credit: Ivanhoe Mines

Ivanhoe tables prefeasibility study on Platreef PGM project

In Ivanhoe Mines’ (TSX: IVN; US-OTC: IVPAF) first-ever conference call on its massive Platreef project in South Africa, executive chairman and company founder Robert Friedland declared that the orebody “is destined to change the…

Workers underground at Richmont Mines' Island gold mine in northwestern Ontario, 83 km north of Wawa. Credit: Richmont Mines

Stepout exploration yields riches for Richmont

In the first full week of January, Richmont Mines (TSX: RIC; NYSE: RIC) released high-grade intercepts at significant depths from stepout exploration beneath its Island gold mine in northwestern Ontario. It prompted analysts at Macquarie Bank…

Credit: Goldcorp

Goldcorp gets in the Christmas spirit

General manager of Goldcorp’s Musselwhite gold mine, Bill Gascon (Santa costume), and his team spread holiday cheer in December 2014 to the five remote Northern Ontario First Nations communities of Cat Lake, North Caribou, Wunnumin,…

TSX falls 2.5%, Jan. 5-9

Oil prices were down for a seventh straight week, dipping below US$50 per barrel, while Statistics Canada reported job losses for the second month in a row. The unemployment rate in December remained unchanged at 6.6%, with full-time employment…

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