Karowe delivers for Lucara
Lucara Diamond (LUC-T) has discovered several spectacular diamonds — including four rare blue gems — since it started full production at its Karowe mine, in Botswana, last August. Lucara has…
News
Sheahan keeps diamond literature service going
At the end of last year, the University of British Columbia’s Mineral Deposit Research Unit (MDRU) stopped offering the Sheahan-MDRU literature service, and the service’s founder, Patricia Sheahan, is now…
Chuck Fipke joins the Canadian Mining Hall of Fame
In January, mine-finder Chuck Fipke was inducted into the Canadian Mining Hall of Fame. Fipke’s hard work, perseverance and innovative exploration techniques led to the discovery of Canada’s first diamond…
Legacy’s costs climb, K+S delays commissioning
VANCOUVER — News of a 26% capital-cost increase and six-month delay in start-up at the Legacy potash mine in Saskatchewan drove owner K+S AG’s share price to a five-month low, but the German fertilizer giant remains confident that…
Passport sees potash aplenty in Arizona
Is it possible to build a potash mine right beside Arizona’s treasured Petrified Forest National Park? Vancouver-based Passport Potash (PPI-V) believes so, and has in hand a new preliminary economic assessment that’s giving it the…
Riverside, Hochschild forge alliance
VANCOUVER — Vancouver-based project-generator Riverside Resources (RRI-V) is adding to its partnerships in Mexico with a $2.5-million alliance with London-based precious-metal producer Hochschild Mining (HOC-L).
UEX, Areva boost resources at Shea Creek
UEX (UEX-T) has bumped up resources at its 49%-held Shea Creek uranium project in the Athabasca basin of northern Saskatchewan. The project boasts the largest undeveloped uranium resource in the much-coveted basin, and third largest…
Hudbay builds on its Manitoba legacy
VANCOUVER — Canadian base metal producer Hudbay Minerals (HBM-T, HBM-N) laid a foundation for success on the Flin Flon greenstone belt in northern Manitoba roughly 85 years ago. During that time the company has developed 26 mines in the…
Rio Alto squeezes more out of La Arena
On the back of its La Arena gold operation in Peru, Rio Alto Mining’s (RIO-T, RIO-N) is becoming a miner to be reckoned with.
Metals, mining and money markets
Spot prices
NexGen set to make its mark in the Athabasca
With resource stocks tumbling into bear territory, the landscape for commodity investing is changing.
Homestake tallies resource, passes project to Agnico
VANCOUVER — Homestake Resource (HSR-V) is turning the page on nine years of exploration at its Homestake Ridge gold-silver property on the Iskut-Stewart-Kitsault belt, 32 km northwest of Alice Arm, B.C. A final resource update on April 25…