United States

Brazil Resources to buy Whistler project in Alaska

Source: Daily News | 2015-07-22
In a letter to shareholders earlier this year, Amir Adnani, chairman of Brazil Resources (TSXV: BRI; US-OTC: BRIZF), stated that the company’s strategy since its initial public offering in 2011 had been “to take advantage of the...

NioCorp CEO provides cash to company 

Source: Print Archives | 2015-07-22
For the second time in less than two months, Mark Smith of NioCorp Developments (TSX: NB; US-OTC: NIOBF) has dug into his own pockets for loans to the company he leads.

Editorial: Mitsubishi comes clean on WWII slave labour 

Source: Print Archives | 2015-07-22
Japan’s Mitsubishi Materials Corp. is showing corporate courage by formally apologizing for using American prisoners of war as forced labour at its mines and industrial complexes during World War II — the first Japanese company to...

Western Lithium, Lithium Americas eye strategic merger 

Source: Print Archives | 2015-07-15
VANCOUVER — On June 30, juniors Western Lithium (TSX: WLC; US-OTC: WLCDF) and Lithium Americas (TSX: LAC) announced a strategic business combination agreement the companies hope will create a “leading...

Abitibi Royalties inks three deals in 30 days 

Source: Print Archives | 2015-07-15
Within a month of launching an online platform that junior mining companies and prospectors can use to pitch their properties to Abitibi Royalties (TSXV: RZZ; US-OTC: ATBYF), CEO Ian Ball says the company has received 41 submissions...

Silver Standard management talks success at Marigold 

Source: Print Archives | 2015-07-08
VANCOUVER — Silver Standard Resources (TSX: SSO; NASDAQ: SSRI) is off to a hot start at its Marigold gold mine in Humboldt County, Nev., along the northern reaches of the Battle Mountain–Eureka trend. The company has not...

Wall Street dips, June 29-July 2  

Source: Print Archives | 2015-07-08
U.S. equities fell ahead of the Independence Day weekend as Greece’s debt crisis continued. The Dow Jones Industrial Average and the S&P 500 Index both lost 1.2% to end at 17,730.11 and 2,076.78. The spot gold price slipped 0.6% to...

Molycorp strikes restructuring deal with creditors 

Source: Print Archives | 2015-07-01
In the first quarter of 2015, Molycorp (NYSE: MCP) reported higher production volumes from its Mountain Pass rare earth facility in California, and yet posted negative cash flow from operating activities of US$73 million and a loss attributable...

Barrick moves towards leaner structure 

Source: Print Archives | 2015-07-01
VANCOUVER — Earlier this year Barrick Gold (TSX: ABX; NYSE: ABX) outlined a “back to the future” strategy that would see it become a “leaner and more agile” operator, focused on a core portfolio of assets and...

Uranium Energy drops on 'unfounded allegations' 

Source: Print Archives | 2015-06-24
Uranium Energy (NYSE-MKT: UEC) shares have plunged more than 30% since a negative blog post about the company triggered an investigation by two New York-based law firms of the Texas-based firm, leaving at least one analyst baffled.