Canada

Homestake releases final resource as Agnico-Eagle takes over

VANCOUVER — Vancouver-based junior Homestake Resource (HSR-V) is turning the page on nine years of exploration at its Homestake Ridge gold-silver property on the Iskut-Stewart-Kitsault belt 32 km northwest of Alice Arm, B.C. A final…




Mega Precious shines a new light on Monument Bay

VANCOUVER — According to president and CEO Glen Kuntz and his team at Mega Precious Metals (MGP-V), a strong asset can carry a junior through turbulent times in the stock market. And they believe the company’s wholly owned Monument…


Barrick investors revolt against $11.9M bonus

In the last year Barrick Gold (ABX-T, ABX-N) has announced a multi-billion dollar overrun at its flagship development project in Chile, taken a $3.8-billion charge on a highly criticized acquisition, changed its chief executive officer and seen…


TSX Venture takes a tumble, Apr. 15-19

VANCOUVER — The S&P TSX Venture Composite Index continued its downward spiral during the Apr. 15-19 trading period, as struggling commodity prices and a gloomier global outlook from the International Monetary Fund (IMF) contributed to…


Construction at K+S's Legacy potash mine in Saskatchewan. Source: K+S AG

Costs climb, commissioning delayed at Legacy potash mine

VANCOUVER – News of a 26% capital cost increase and six-month start-up delay at the Legacy potash mine in Saskatchewan drove owner K+S AG’s share price to a five-month low, but the German company remains confident the project offers…


San Gold exploration manager Bill Ferreira  at the Rice Lake gold mining complex in Bissett, Manitoba. Source: San Gold

San Gold aims to become cash positive in late 2013

San Gold (SGR-T) is striving to improve its performance while battling unfavourable market conditions and declining gold prices by re-focusing on profitability rather than on growth like many of its peers and seniors these days.


Hefty price tag for Avalon’s Nechalacho

It may be the first feasibility level study completed on a major heavy rare earth project outside of China, but the $1.58 billion price tag of Avalon Rare Metals’ (AVL-T, AVL-X) flagship Nechalacho project in the Northwest Territories has…


UEX, Areva boost uranium resources at Shea Creek

UEX (UEX-T) has bumped up resources at its 49%-held Shea Creek uranium project in the Athabasca basin of northern Saskatchewan, now the largest undeveloped uranium resource in the much coveted basin, demoting Cameco’s (CCO-T,…



An aerial shot of HudBay's processing facilities in Flin Flon, Manitoba. Source: HudBay Minerals

Hudbay continues to build on Manitoba legacy

VANCOUVER — Canadian base metal producer Hudbay Minerals (HBM-T) laid a foundation for success on the Flin Flon greenstone belt in northern Manitoba roughly 85 years ago. During that time the company has developed 26 mines in the region…


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