Canada

TSX Venture Exchange, Jan. 6-10

The S&P/TSX Venture Composite Index closed in the green for a second straight week to start the year, as it jumped 2.3% — or 21.83 points during trading — en route to a 966.55-point close. Commodity futures were relatively…


A truck at the Detour Lake gold mine. Credit: Detour Gold

Detour’s hard work pays off

The repair crew for Detour Gold (TSX: DGC; US-OTC: DRGDF) didn’t let the holidays get in the way of getting the job done.



Hudbay unveils financing, 2014 guidance

Hudbay Minerals (TSX: HBM; NYSE: HBM) was among the first off the starting blocks this year with news of a $1-billion capital budget for 2014 — the lion’s share of which is earmarked for growth initiatives — and a $150-million…


Goldcorp's Penasquito gold mine in Zacatecas, Mexico. Credit: Goldcorp

Goldcorp nails 2013 guidance, predicts falling cash costs

VANCOUVER — Prominent Canadian gold miner Goldcorp (TSX: G; NYSE: GG) has proven to be more resilient in the face of falling precious metal prices than many of its peers. And if the company’s production guidance for 2014 is any…


An aerial view of Osisko's Canadian Malartic mine. Credit: Osisko Mining

Goldcorp offers $2.6B in cash and shares for Osisko

Goldcorp (TSX: G; NYSE: GG) is launching a hostile $2.6-billion takeover bid for Osisko Mining (TSX: OSK; US-OTC: OSKFF) to acquire the smaller rival’s Canadian Malartic gold mine in Quebec, with many analysts arguing the…


Mining trucks at Osisko's Canadian Malartic gold mine in Quebec's Abitibi region. Credit: Osisko Mining

Editorial: Takeover bids, real and imagined

It’s been a tough couple of years for the gold-mining industry, so some much-needed comic relief came along at just the right time in mid-January in the form of a purported unsolicited, all-cash, $7.50-per-share bid for U.S. gold miner…


"Near Blind River" - watercolour by Duncan R. Derry, October 1954.

Book excerpt: The life and times of Duncan Derry

The following is an excerpt from the newly published biography “Mining exploration – the life and times of Duncan R. Derry” by his son Douglas L. Derry. Over a half century, Duncan Derry travelled extensively internationally working as an…


TSX Venture Exchange, Dec. 27-Jan. 3

The S&P TSX Venture Composite Index continued its rally to start the new year, with a late-December run fueling a 2.8% or 25.7 point gain during the Dec. 27-Jan. 3 trading sessions en route to a 944.71 point close. Gains were driven by…


Fission ends 2013 with a bang

Since April 2013, Fission Uranium (TSXV: FCU; US-0TC: FCUUF) has released assay results from its Patterson Lake South discovery a total of 23 times—including in its most recent press release on the second last day of 2013.


Champion and Cartier complete Penguin Lake resource

Champion Iron Mines (TSX: CHM; US-OTC: CPMNF) has increased the historic resource at its Penguin Lake iron project tenfold in the southern portion of the Labrador Trough, 110 km southwest of the town of Fermont.



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