July 19, 2012

Kennady Diamonds up 7% after kimberlite find

Kennady Diamonds Inc. (TSX-V: KDI) added 7% on Thursday after announcing the first new kimberlite discovery at the its 100%-owned Kennady North diamond project in Canada's Northwest Territories.

July 19, 2012

Argentine glaciers scupper Osisko’s Famatina project

An Argentine court ruled Wednesday in favour of suspending Famatina, a gold exploration project led by Canadian company Osisko (TSX:OSK), until a new ruling outlawing mining near glaciers is applied…

July 19, 2012

Equity financings for gold companies hit four-year low

Halifax-based Metals Economics Group (MEG) published Thursday its Pipeline Activity Index (PAI), which shows equity financing conditions continue to take their toll, as gold companies were able to raise only…

July 19, 2012

Kirkland Lake Gold announces closing of $57.5 million private placement of convertible debentures

KIRKLAND LAKE, ONTARIO--(Marketwire - July 19, 2012) - Kirkland Lake Gold Inc. (the "Company") is pleased to announce that it has closed its previously announced private placement (the "Offering") of…

July 19, 2012

Canadian potash suppliers boosted by improved earnings forecasts

Canadian potash suppliers Agrium Inc (NYSE:AGU) and Potash Corp. (NYSE:POT) both closed higher on the NYSE following the release of improved second-quarter earnings forecasts by Agrium on Wednesday.

July 19, 2012

Panamanians protest Canadian mining operations in rainforest areas

Panamanian farmers in the country's rainforest regions have teamed up with environmental activists to protest the impact of Canadian mining operations on the local environment, as well as halt the…

July 18, 2012

First Majestic’s production in Mexico up 14% in Q2

Vancouver-based First Majestic Silver had a 14% increase in total production at its La Encantada, La Parrilla and San Martin silver mines in Mexico for the second quarter ending June…

July 18, 2012

Argex Mining Inc. changes name to Argex Titanium Inc.

Argex Mining Inc. is changing its corporate name to Argex Titanium Inc., effective Friday July 20.

July 18, 2012

Nemaska Lithium selects Valleyfield Quebec, as strategic location for new lithium hydroxide plant

The company which wants to produce lithium hydroxide and lithium carbonate, maily for battery manufacturing, has already had the Town Council of Valleyfield approve the sale of 1,320,000 square feet…

July 18, 2012

New Millennium Iron Corp. announces a $38.4 million investment in a deep water dock with the Port of Sept-Iles, a major step towards assuring iron ore market access

The company claims that the $38.4 Million investment in a deep water dock at Port of Sept-Iles, Quebec is a major step towards assuring iron ore market access.