Volume 101 Number 50 Jan 25 - 31, 2016

Teck inks deal with Lorraine Copper

VANCOUVER — It’s been over a decade since Teck Resources (TSX: TCK.B; NYSE: TCK) first optioned the Lorraine copper-gold project in north-central B.C. from Lorraine Copper (TSXV: LCC), but now the major is set to relinquish its 51%…

Victoria Gold president and CEO John McConnell at Victoria Gold's Eagle gold project in the Yukon. Photo by Matthew Keevil.

Site visit: Victoria’s Eagle truly ‘shovel ready’

MAYO, YUKON — When it comes to visiting mine sites in northern Canada there aren’t too many that boast better access than Victoria Gold’s (TSXV: VIT; US-OTC: VITFF) Dublin Gulch property, which is reached via a civilized,…

Lydian International's flagship Amulsar gold project in Armenia. Credit: Lydian International

The biggest gold losers in 2015

Last year was another tough year for gold companies, with the spot metal price sliding 10% to finish 2015 at US$1,061 per oz. While some miners thrived in the low gold price environment, others collapsed, with more than a few voluntarily…

Sherritt International's Ambatovy nickel-cobalt mine in Madagascar. Credit: Sherritt International

Sherritt hit by low nickel prices at Ambatovy

Sherritt International (TSX: S) is bracing for a $1.6-billion non-cash impairment at its Ambatovy nickel-cobalt mine in Madagascar due to lower nickel prices, months after it cancelled its quarterly dividend for 2015 and 2016 to reduce…

The camp at Skeena Resources' GJ copper-gold property in northwestern British Columbia. Credit: Skeena Resources

Skeena grows GJ’s resource in BC

Skeena Resources (TSXV: SKE; US-OTC: SKREF) has updated the resource estimate for the Donnelly and North Donnelly copper-gold deposits on its GJ property, in the prolific Golden Triangle of northwestern B.C.

Loading a truck at Endeavour Mining's 55%-owned Ity gold mine in southern Cte d'Ivoire, 480 km northwest of Abidjan. Credit: Endeavour Mining

Endeavour, Detour exit 2015 on a high note

Endeavour Mining (TSX: EDV; US-OTC: EDVMF) and Detour Gold (TSX: DGC; US-OTC: DRGDF) — two of the gold sector’s top share-price performers last year — reported strong fourth-quarter and full-year production results in 2015…

Drilling at Rockhaven Resources' Klaza gold-silver project, 50 km west of the town of Carmacks in the Yukon. Credit: Rockhaven Resources

More gold for Rockhaven at Klaza

VANCOUVER — With over 20 million historical oz. of placer gold scoured out of the gravel creeks across the northern latitudes of the Yukon Territory, Matthew Turner, president, CEO and director of Rockhaven Resources (TSXV: RK), says…

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