Exploration spending in the 12 months leading to June 30 increased 115% year-on-year, while total production costs have more than quintupled since 2006, rising more than 23% between 2010 and 2011, consulting firm PwC concludes in its annual…
The second time around wasn’t so lucky for a band of robbers at Luna Gold’s (LGC-V) Aurizona mine in northeastern Brazil.
Discovery of the massive “Ring of Fire,” a chromite-rich mineral deposit in a remote area of northern Ontario, is the first and perhaps easiest step in realizing the site’s potential.
Resource developers in Canada were dealt a heavy blow in mid-November, with the Obama Administration’s State Department in the U.S. failing to approve TransCanada’s relatively benign Keystone XL oil pipeline mega-project, which would have…
Shares of Rodinia Lithium (RM-V) surged 42% to close at 30.5¢ on Nov. 8 after the junior exploration and development company released results of a preliminary economic assessment (PEA) of its lithium brine project in northern Argentina’s…
The owner of Canada’s largest gold mine has news from the largest drill program being completed at a mining project in the country.
Cameco (CCO-T, CCJ-N) has raised its all-cash hostile offer for Hathor Exploration (HAT-T) by 20%, from $3.75 per share to $4.50 per share, trumping Rio Tinto’s (RIO-N, RIO-L, RIO-A) friendly $4.15 per share, all-cash bid.
Silver Standard Resources (SSO-T, SSRI-Q) hopes it has put an end to lingering troubles at its Pirquitas silver mine in Argentina, with no further plant shutdowns or surprises. The latest surprise was a 52% reduction in the mine’s…
New Gold’s (NGD-T, NGD-X) third-quarter results are in, and they show the company shaping itself into a significant mid-tier gold producer.
By early next year Lake Shore Gold (lsg-t, lsg-x) was aiming to boast a gold resource of 6-million to 8-million ounces. A goal it recently achieved with initial resources from its Thunder Creek and Fenn-Gib projects, bringing…
Vancouver – With the power play for Hathor Exploration’s (HAT-T) promising Roughrider uranium deposit now in its fourth (but perhaps not final) act, Saskatchewan’s Athabasca basin is taking centre stage in the battle for the world’s next best…
Iberian Minerals (izn-v) has agreed to allow Trafigura Beheer, its largest shareholder, to acquire all of its shares that it doesn’t already own for $1.10 apiece in cash, causing some analysts to question the bid.
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