United States

Formation Metals braces for a boardroom showdown

Source: Daily News | 2013-06-20
VANCOUVER – Another boardroom battle is brewing, this time over who should helm Formation Metals (FCO-T) and whether the cobalt-focused company should sell its operating refinery in Idaho.

Lundin pulls trigger on US$325M Eagle acquisition in Michigan

Source: Daily News | 2013-06-13
VANCOUVER — Lundin Mining (LUN-T) has been shopping for a base metal asset to add to its production portfolio, and on June 12 the company found a partner in Rio Tinto (RIO-N, RIO-L), which was looking to unload its development-stage...

Corvus bumps up economics at North Bullfrog

Source: Daily News | 2013-06-06
An optimized preliminary economic assessment (PEA) for Corvus Gold’s (KOR-T) North Bullfrog open-pit gold-silver project in southern Nevada has outlined a slightly larger project with substantially better returns.  

Santo Domingo feasibility expected in less than a year 

Source: Print Archives | 2013-06-05
When Capstone Mining’s (CS-T) Santo Domingo iron oxide-copper-gold project in Chile eventually enters commercial production in 2017 or 2018 — at an estimated capital cost of between US$1.5 billion and US$1.8 billion — the...

Atna sinks on Pinson review  

Source: Print Archives | 2013-06-05
Atna Resources (ATN-T) took a beating after notifying the market that it would reduce underground mining rates at its Pinson gold mine near Winnemucca, Nev.

New Gold eliminates Mesquite hedges for US$65.7 million 

Source: Print Archives | 2013-06-05
VANCOUVER — Vancouver-based producer New Gold (NGD-T, NGD-X) has suffered similar market devaluation to its peers in recent months, with its shares dropping 40% or $4.44 since early January as gold prices have declined. However, the...

Northern Dynasty's scuffle with the EPA continues 

Source: Print Archives | 2013-06-05
VANCOUVER — When it comes to media campaigns and social relations in the mining world, there might not be a more interesting case study than Northern Dynasty Minerals’ (NDM-T, NAK-N) ongoing defense of its large Pebble...

Western gets $32M for Milestone from Chinese firms

Source: Daily News | 2013-06-04
Western Potash (WPX-T) has lined up $32 million for its Milestone potash deposit in Saskatchewan, giving it some breathing room to secure more ample funds to advance its hefty $3.3-billion project.

Partners prove up copper potential at Pyramid project 

Source: Print Archives | 2013-05-29
VANCOUVER — It took less than three years and only 30 holes for Full Metal Minerals (FMM-V) and Antofagasta (ANTO-L) to define a resource at their Pyramid project in Alaska that contains more than 1.3 billion lb. copper, as well as...

Energy Fuels to buy Strathmore for its uranium resource

Source: Daily News | 2013-05-24
Leading U.S. uranium producer Energy Fuels Resources (EFT-T) is eyeing Strathmore Minerals’ (STM-T) nearby uranium projects in a move to boost its resources and improve operations.

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