Volume 98 Number 47 Jan 7 - 13, 2013

The headframe at the past-producing Hardrock property, part of Premier Gold Mines' Trans-Canada gold project in northwestern Ontario. Source: Premier Gold Mines

Premier delivers 7.8M oz. Trans-Canada gold resource

Premier Gold Mines (PG-T) has completed a much-anticipated resource estimate on the Trans-Canada project in the Beardmore-Geraldton greenstone belt. The resource estimate represents the first consolidated results of the four gold deposits…

Market news: TSX Venture Exchange

Christmas holidays kept things fairly quiet on the S&P/TSX Venture Composite Index over the trading period, though the board notched small gains each day to end the session up 24.1 points at 1,201.84. Trading volumes were subdued, averaging…

A worker at the Luilu metallurgical plant. Source: Katanga Mining

SEC approves first copper-backed ETF

After a two-year regulatory battle, J.P. Morgan Chase (JPM-N) has won approval from the U.S. Securities and Exchange Commission (SEC) to launch an investment vehicle that tracks the price of copper.

Loading up in a pit at Copper Mountain Mining's namesake copper mine, 20 km south of Princeton, British Columbia. Source: Copper Mountain Mining

Copper Mountain aims to produce more copper

Copper Mountain Mining (CUM-T) is giving guidance that its copper production for 2013 from its namesake mine in southern B.C. will be 80 million lb. — a number that falls within analyst expectations.  

Editorial: Iron miners, iron wills

The new year kicking off with ArcelorMittal selling 15% of its Labrador Trough iron ore assets underscores the realignment in iron ore assets that has been going on around the world in recent months. Arcelor is selling the 15% stake for a cool…

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