VANCOUVER — As its future hangs in the balance, Canadian base metals producer Inmet Mining (IMN-T) continued to increase its value via a global resource update on Feb. 11, which was highlighted by a 22% jump in proven and probable copper…
Turquoise Hill Resources (TRQ-T, TRQ-N) updated the market on its 66%-held Oyu Tolgoi copper-gold project in Mongolia’s South Gobi desert with a mix of potentially good and bad news.
Executive chairman Nick Ferris of Sona Resources (SYS-V) had been trying to source financing for some time to advance the junior’s Blackdome-Elizabeth gold project in the Clinton and Lillooet mining districts of British Columbia, about…
Kinross Gold (K-T, KGC-N) will have to take the bad with the good.
VANCOUVER – Copper isn’t turning out to be the growth avenue Barrick Gold (ABX-X) hoped it would be.
VANCOUVER – Curis Resources (CUV-T) managed to buck two of the mining sector’s most persistent problems – creeping capital costs and rising operating expenses – with a prefeasibility study for its Florence copper project in…
James Steel of HSBC in New York is raising his average price forecast for silver to US$33 per oz. for 2013 and to US$31 per oz. for 2014, up from US$32 per oz. and US$28 per oz., respectively, due to a combination of improving industrial demand…
Quest Rare Minerals (QRM-T, QRM-X), which owns the Strange Lake rare earth deposit in northern Quebec, recently held a tour of its mini-pilot plant at Process Research Ortech in Mississauga, Ont., where it’s testing the…
Chesapeake Gold (CKG-V) has completed a prefeasibility study (PFS) on its Metates gold-silver project in Mexico’s Durango state, showing it could annually produce 954,000 oz. gold equivalent and 143 million lb. zinc for 25 years.
VANCOUVER — A new resource estimate for the Back Forty poly-metallic project in Michigan’s Upper Peninsula has boosted the deposit’s metal grades. But despite the improvement, no work is underway at the site because project…
It’s not every day that an exploration-and-development company can turn a US$35-million profit in just 14 months with what appears to be little effort.
Spot prices courtesy of Scotiabank
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