Alacer looks to shed Australian mines
There are knocks on the door for Alacer Gold’s (ASR-T) Australian assets, and the company is listening.
Volume 99 Number 21 Jul 8 - 14, 2013
Azumah works to grow planned pits at Wa gold project
VANCOUVER — Continued gold intercepts from drilling between various pits at the proposed Wa gold mine in Ghana suggest that owner Azumah Resources (AZR-V) could reveal a larger gold reserve in its pending feasibility study update.
Royal Nickel’s Dumont reaches feasibility
Royal Nickel (RNX-T) has something to cheer about with a positive feasibility study tabled on its large-scale Dumont nickel-sulphide project in Quebec’s Abitibi region, 25 km west of the city of Amos and 60 km northeast from the…
Orbite inks offtake deal with Glencore
Orbite Aluminae (ORT-T) has gained another vote of confidence from a major for its innovative technique to produce alumina from its aluminous clay deposit in Quebec, sending its shares soaring.
Greenland’s timeless allure
Avannaa Resources is a privately held exploration company founded by three geologists from Britain and Denmark who pooled their interest and experience in Greenland. It may be an unfamiliar name to many, but over the last nine months, the…
Atico completes El Roble resource
When it comes to pedigree in South America’s mining industry, it doesn’t get much better than the storied Ganoza family of Peru, which has owned and operated underground gold, silver and base metal mines in both their homeland and…
Commentary: A look at Canada’s strengthened Foreign Anti-Corruption Law
On June 19, 2013, Canada’s Corruption of Foreign Public Officials Act (CFPOA) was amended. New provisions significantly increase penalties for and the scope of individual and corporate liability for bribery of foreign public officials,…
Toronto Stock Exchange, June 24-28
The Toronto Stock Exchange closed trading in positive territory, with the S&P/TSX Composite Index gaining 133 points, or 1.11%, to 12,129.11. Despite the boost, the index is down 2.45% year to date.
TSX Venture Exchange, June 24-28
The S&P/TSX Venture Composite Index has been slipping for four weeks after dropping 1.6%, or 14.39 points, en route to a 881.40-point weekly close. It has lost around 9%, or 87.66 points, since the first week of June.
U.S. markets, June 24-28
U.S. markets rebounded from fears in the previous period that the Fed would taper off quantitative easing. The markets stabilized after the Fed said that QE would not slow down any time soon. This brought the S&P 500 Index up 18 points to…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, July 2, 2013 Precious MetalsPrice…
Seafield envisions a smaller mine at Miraflores
VANCOUVER — Seafield Resources (SFF-V) has an updated preliminary economic assessment (PEA) in hand for its multi-million ounce Miraflores gold-silver deposit situated 100 km south of Medellin, Colombia, and the Toronto-based junior has…