Volume 101 Number 13 May 11 - 17, 2015

The plant WPC Resources' past-producing historic Lupin gold project in Nunavut. Credit: WPC Resources

WPC aims to bring Lupin back online

WPC Resources (TSXV: WPQ) — soon to be named Lupin Gold Corp. — plans to bring the past-producing Lupin gold mine online, while also advancing the nearby Ulu gold property.

TSX retreats, April 27-May 1

Mediocre earnings and data showing a stagnant gross domestic product sent the S&P/TSX Composite Index down 0.5% to 15,339.77. Mining indexes, however, were in positive territory, with the S&P/TSX Capped Diversified Metals & Mining…

U.S. stocks drop, April 27-May 1

U.S. equities fell  after being tripped up by  soft economic data. The Dow Jones Industrial Average lost 56.08 points to 18,024.06, and the S&P 500 Index slipped 9.4 points to 2,108.29. The Nasdaq retreated 86.69 points to…

The camp at Eastmain Resources' Clearwater gold project in Quebec's James Bay region. Credit: Eastmain Resources

Eastmain resource turns heads

When RBC Capital Markets recently screened for undeveloped open-pit gold projects in North America with a resource of more than 500,000 oz. gold in the measured and indicated category and a grade of greater than 1.5 grams gold per tonne, it…

Nordgold CEO Nikolai Zelenski (left) and Columbus Gold CEO Robert Giustra at a drill site at the Paul Isnard gold project in French Guiana. Credit: Columbus Gold

Columbus Gold to launch $20M program

Over the next year, Columbus Gold (TSXV: CGT; US-OTC: CBGDF), a small junior with a market cap of just $64 million, will oversee $20 million invested in exploration and development at its two gold projects, Paul Isnard in French Guiana and…

A field worker stands by the outcropping Shumagin vein at Redstar Gold's Unga gold project in Alaska. Credit: Redstar Gold

Redstar Gold drills the Aleutian Islands

If you ask Redstar Gold (TSXV: RGC; US-OTC: RGCTF) for comparables to the mineralization at its Unga gold project in Alaska’s Aleutian Islands, the management team will tell you that it is similar to the high-grade, low-sulphidation…

Elders, warriors and escorts representing the Tahltan Nation occupy a drill site in September 2013 at Fortune Minerals' Arctos coal project in northwest British Columbia. Photo by Tamo Campos.

Editorial: BC gov’t solves Arctos conundrum

One of the more contentious showdowns in B.C. in recent years between a First Nation and a mine developer has been neatly diffused by the B.C. government, which has swept in with $18.3 million to buy Fortune Minerals’ Arctos high-quality…

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