Daily News

NICKEL: Royal Nickel's Dumont project gets environmental nod

QUEBEC – The federal government has made a positive environmental decision for the Dumont nickel project 25 km west of Amos. The Minister of Environment determined that the project is not likely to cause significant environmental effects.
Jul 30, 2015 4:18PM

LITHIUM: Nemaska granted environment okay for Whabouchi project

QUEBEC – Nemaska Lithium of Quebec city has been granted a positive federal environmental assessment decision for its Whabouchi lithium project 300 km northwest of Chibougamau. The company expects to receive its provincial government...
Jul 30, 2015 4:17PM

GOLD: OceanaGold-Romarco fusion to create low cost producer

MELBOURNE, Australia, and TORONTO – OceanaGold Corp. and Romarco Minerals have agreed to a deal that will see OceanaGold acquire all of the issued and outstanding Romarco common shares. The all-share deal puts a value of about C$856...
Jul 30, 2015 4:16PM

OIL SANDS: Suncor pumps up bitumen numbers in Q2

ALBERTA – Suncor Energy, headquartered in Calgary, generated cash flows in excess of $2.1 billion in Q2 2015, despite the recent drop in crude oil prices. Earnings were in the black, too. The operating figure was $906 million ($0.63 per...
Jul 30, 2015 4:14PM

MINING PEOPLE: Apogee Silver, Energizer, Excellon, Red Pine, and Sierra Metals

There have been two significant management changes at Apogee Silver of Toronto. Fred Leigh is now CEO, and Neil Said is corporate secretary.
Jul 30, 2015 4:11PM

First Majestic looks to snatch SilverCrest

First Majestic Silver (TSX: FR; NYSE: AG) is buying SilverCrest Mines (TSX: SVL) in a largely all-share, $154-million deal to bulk up its treasury and asset base. 
Jul 30, 2015 4:10PM

PLATINUM: NAP second quarter suffers from mill interruption

ONTARIO – A mill shutdown from May 8 to June 26 at the Lac des Iles mine has cut deeply into the second quarter results of Toronto-based North American Palladium. The mill was idled due to water balance issues caused by a late and rapid...
Jul 29, 2015 4:13PM

TAILINGS: Dam breaches increasing in frequency

WASHINGTON, DC – A new report available at Earthworks Action notes that catastrophic tailings spills are occurring with increasing frequency around the world. Moreover, the new study, The Risk, Public Liability, and Economics of Tailings...
Jul 29, 2015 4:12PM

URANIUM: Denison drills new mineralization at Murphy Lake

SASKATCHEWAN – Toronto's Denison Mines, operator of the Murray Lake project 30 km northwest of the McClean Lake mill, hit uranium mineralization in the first hole of a four-hole program. Hole MP-15-03 returned 0.2% eU3O8 over 6.9 metres...
Jul 29, 2015 4:11PM

GOLD: Centerra says Oksut feasibility study is positive

TURKEY – Centerra Gold of Toronto has looked at the feasibility study for its Oksut gold project and says it is positive. If the timeline goes as projected, the first production from the mine 50 km south of the city of Kayseri will be in...
Jul 29, 2015 4:09PM

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