Volume 102 Number 1 Feb 15 - 21, 2016

A map showing the elevation of the 6,700 sq. km region where Geoscience BC conducted an airborne magnetic survey in west-central British Columbia.Credit: Geoscience BC

Geoscience BC tables mag survey of central BC for explorers

VANCOUVER — Bruce Madu, vice-president of minerals and mining for Geoscience BC, has already lined up interesting targets from the latest airborne magnetic survey the organization flew last year over west-central B.C., but he’s…

US markets slide, Feb. 1-5

Persisting fears of a global economic slowdown — along with mixed economic data in the U.S., and uncertainty about whether the Federal Reserve will raise interest rates this year — sent the Dow Jones Industrial Average down 1.6% to…

Pierre Lassonde  served as the evening's master of ceremonies. Credit: Keith Houghton Photography

Canadian Mining Hall of Fame welcomes five industry leaders

The Canadian Mining Hall of Fame’s (CMHF) 28th induction ceremony in mid-January at the Fairmont Royal York hotel in Toronto honoured five industry leaders — Keith Brimacombe, Harold Williams, Stewart Blusson, Louis Gignac and…

Credit: SilverCrest Mines

Executive compensation proves resilient

As if investors weren’t gloomy enough these days. Now a survey of 100 leading companies in the mining industry suggests that executive compensation has been slow to adapt to the sector downturn, and more disturbing, that “there…

Gold bars at Lake Shore Gold's Bell Creek mill in Ontario. Credit: Lake Shore Gold

Tahoe bids $945M for Lake Shore Gold

Tahoe Resources (TSX: THO; NYSE: TAHO) is set to buy Toronto-based junior producer Lake Shore Gold (TSX: LSG; NYSE-MKT: LSG) in a $945-million, all-share bid, with analysts on both sides of the deal approving.

TSX ends mixed, Feb. 1-5

Toronto’s S&P/TSX Composite Index slipped 0.5% to 12,763.99 after a poor jobs report, while oil prices dropped and gold prices rebounded. The S&P/TSX Global Mining Index rose 9.4% to 45.25, while the S&P/TSX Capped Diversified…

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