Daily News

GOLD: Falling price takes toll on Agnico, Barrick and Goldcorp

TORONTO and VANCOUVER – Third quarter results are rolling in this time of year, and Canada's largest gold producers – Agnico-Eagle Mines, Barrick Gold and Goldcorp – are feeling the pinch of a stagnant price.
Oct 30, 2014 4:31PM

GOLD: Marathon drills 1.71 g/t over 44 metres in new zone at Valentine Lake

NEWFOUNDLAND – Toronto-based Marathon Gold Corp. reports that the first three holes drilled in the newly discovered Marathon zone at the Valentine Lake property 55 km south of Buchans returned long and strong intersections.
Oct 30, 2014 4:29PM

MINING PEOPLE: AEMQ, Khalkos, and Turquoise Hill

At the end of a very successful convention in Montreal last week, the Quebec Mineral Exploration Association (AEMQ) appointed Jean M. Gagne and Frank Mariage board chairs of Minalliance and the AEMQ, respectively. Both are partners at Fasken...
Oct 30, 2014 4:27PM

Editorial: Hunts' silver play the stuff of legend

Few individuals have lived lives large enough to be immediately associated with a particular commodity. Think oil and J.D. Rockefeller; steel and Andrew Carnegie; and diamonds and the Oppenheimer family. For silver, it’s the Hunt brothers...
Oct 30, 2014 4:26PM

JUNIORS: PwC report - Waiting out uncertainty

PwC has for the eighth time looked at the 100 largest (by market cap) junior miners on the TSXV exchange and taken their financial pulse. They are struggling, but they have the grit and determination necessary to hang on until the economic...
Oct 29, 2014 4:16PM

CAMESE uncovers hidden value of mining supply and services sector

The Canadian Association of Mining Equipment and Services for Export (CAMESE) has released the findings of a new economic impact survey reveals that the mining supply and services (MSS) industry generates 60,000 jobs across Ontario and is...
Oct 29, 2014 4:13PM

GOLD: The jobs and wealth created by a mine in Ontario

TORONTO – The Ontario Mining Association has crunched the numbers and created a stunning infographic that underlines the new jobs and wealth created by opening just one new gold mine in the northern part of the province.
Oct 29, 2014 4:11PM

NICKEL: Despite record Q3 production, Sherritt cuts head office staff

TORONTO – Sherritt International has restructured and cut approximately 10% of its salaried workforce, excluding Ambatovy. As part of the plan the number of employees in the head office has been reduced by approximately 25% and cuts were...
Oct 29, 2014 4:09PM

Kaminak's Coffee project is 'as vanilla as it gets'

Kaminak Gold (TSXV: KAM; US-OTC: KMKGF) CEO Eira Thomas says the company’s high grade, high margin Coffee gold project in the Yukon would be simple to mine and process.
Oct 29, 2014 4:07PM

ZINC-LEAD: Canstar Drills 11.5 metres of sulphides at Mary March

NEWFOUNDLAND – The summer drilling program extended the Mary March polymetallic zone by 50 metres to the northeast and at depth for Canstar Resources of Toronto. The project, located 20 km from the former Buchans mine in the centre of the...
Oct 28, 2014 4:25PM

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