Queensland lifts ban on uranium mining
It has taken 23 years, but the state government of Queensland has finally overturned a ban on uranium mining. The prohibition on uranium processing and waste storage, however, remains in place.
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Frontier Rare Earths inks new deal with Kores
A little under a year ago, South Korean government-owned mining and natural resources investment company Korea Resources Corp. (Kores) signed a deal with Frontier Rare Earths (FRO-T) to take a 10% interest and get the rights to an equal…
Earnings miss for Cliffs Natural Resources
A severe 36% year-on-year drop in prices for seaborne iron ore during the third quarter torpedoed earnings for Cliffs Natural Resources (CLF-N). The iron ore and metallurgical coal producer’s consolidated revenues fell 26% to US$1.5…
Sega looking good to Amara in Burkina
West Africa-focused gold producer Amara Mining (AMZ-T, AMA-L), formerly Cluff Gold, is hoping get a little more life out of its 78%-owned Kalsaka gold operation in Burkina Fasom, 150 km northwest of the capital Ouagadougou.
Platinum Group thinking big on the Bushveld
With first-phase construction well underway at Vancouver-based Platinum Group Metals’ (PTM-T, PLG-X) Western Bushveld joint-venture project 1 (WBJV 1), the company is turning its attention to its Waterberg discovery on the North Limb…
Amerigo happy to live in Codelco’s shadow
Amerigo Resources (ARG-T), which continues to produce copper and molybdenum from the tailings of Codelco’s 108-year-old El Teniente mine in Chile, saw its shares rise after solid third-quarter production results.
Barrick fails to impress in Q3
Barrick Gold (ABX-T, ABX-N) has unveiled another disappointing quarter, where it continues to wrestle rising costs, project delays and shrinking profits, prompting investors that expected a better third quarter to drive down the stock.
Solid operations can’t protect Cameco from state of the world
With its latest quarterly earnings Cameco (CCO-T, CCJ-N) proved that operational deftness isn’t always enough, as global factors took their toll on its bottom line.
More Alaskan high-grade for NovaCopper
Since NovaCopper (NCQ-T, NCQ-X) started drilling the South Reef Zone on its Bornite concession in northwestern Alaska this year, sixteen of the nineteen holes returned high-grade copper — a success rate of 84%.
Magellan’s bright outlook at Coringa
Magellan Minerals (MNM-V) has completed a preliminary economic assessment (PEA) on its Coringa gold deposit in Brazil’s Tapajos province, suggesting strong economics to move the project to the feasibility stage, with a construction…
Tirex scores ground-breaking Albanian mine permits
VANCOUVER — Vancouver-based explorer Tirex Resources (TXX-V) is set to make history in the small Balkan nation of Albania. On Oct. 29, Tirex succeeded in acquiring 25-year mining licenses that encompass six past-producing deposits in…
Luna earning its due
It’s been a busy second half of the financial season for Luna Gold (LGC-T).