U. S. MARKETS JUNE 3-9
During the June 3-9 trading session, the surging oil price weighed down the main U. S. stock indices, with the Dow Jones Industrial Average falling 224 points, or 1.8%, to 12,280; the S&P 500 Inde…
News
Intex begins Mindoro feasibility
Intex Resources has launched a feasibility study for its Mindoro nickel laterite project in the Philippines.
Cabo secures Cobalt contract
Cabo Drilling (CBE-V, CBEEF-O) has signed a contract with International Millennium Mining (IMI-V, IMLMF-O), to drill at the company’s Cobalt property, in northeastern Ontario.
Golconda Resources acquires Lyncorp Drilling
Calgary-based Golconda Resources (GA-V, GOLCF-O) has announced its acquisition of Lyncorp Drilling Services.
Duluth Metals boosts resource in Minnesota
Duluth Metals (DM-T) has added some heft to its resource estimate for the Nokomis deposit in northeastern Minnesota’s Duluth base metals complex.
Western Areas to fast-track Spotted Quoll
Seven months after discovering the shallow Spotted Quoll nickel deposit, Western Areas (WSA-T, WSA-A) has completed a scoping study and plans to fast-track the project into production next year.
ICS Copper plots fresh course at Mokambo
VANCOUVER — Capital markets have not been kind to junior companies struggling to make the transition from exploration to mine development. ICS Copper Systems (ICX-V) has adopted a novel approach to r…
Copper Mountain hits new mineralization
VANCOUVER — The planned super pit at the revived Copper Mountain mine may have to be even bigger than designed, as the latest drilling by Copper Mountain Mining (CUM-V, CPPMF) has revealed two new mi…
Remote copper-gold projects back in play in BC
VANCOUVER — The growing list of the world’s largest “undeveloped” mineral deposits shows that most are in regions of high geopolitical risk ranging from the central African copper belt to the steppes…
Canada: a new free trade leader?
For Canada’s mining industry, the week ended June 6 was highlighted by a strengthening and expansion of trade ties with some of our best South American neighbours.
Mining co-op students looking for placements
Sudbury, Ont.-area Rainbow District School Board is searching for placements for students in its recently created mining-focused high school program.
Non-profit Geoscience BC awards scholarships
Not-for-profit organization Geoscience has awarded 11 graduate scholarships worth $5,000 to students working on mineral or oil and gas exploration-related topics in British Columbia.