Pretium sketches a larger mine at Brucejack
Pretium Resources’ (PVG-T, PVG-N) updated preliminary economic assessment (PEA) for the Brucejack gold-silver project in northern British Columbia outlines a larger and more robust mine.
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Cadillac Mining up 241% on Goldstrike results
Vancouver – Two gold hits in Utah have vaulted Cadillac Mining’s (CQX-V) share price up 20.5¢ or 241% to 29¢ on roughly 8.4 million shares traded.
Kilo juggles projects on several fronts
In late January Kilo Goldmines (KGL-V) announced that its iron ore joint-venture project with Rio Tinto (RIO-N, RIO-L) in the Democratic Republic of the Congo has the potential to host direct shipping ore. In the same announcement the…
SilverCrest boosts Santa Elena production and La Joya resource estimate
Vancouver — SilverCrest Mines (SVL-V) is on a roll as rising production at its Santa Elena silver-gold Mine in Sonora, Mexico, and a 424% increase in silver-equivalent inferred resources has seen shares jump 33% to a $2.55 high over the…
BHP and Rio double-down on copper
Vancouver — BHP Billiton (BHP-N, BHP-L, BHP-A) and Rio Tinto (RIO-N, RIO-L, RIO-A) are feeling optimistic about copper. Six weeks into the first quarter of 2012, the two mining giants unveiled plans to commit over U$4 billion to expand…
Where did Nevsun’s gold go?
At a time of record-high gold prices Nevsun Resources (NSU-T) had the unfortunate task of announcing to the market that it has a lot less gold in its deposit than it originally believed.
People
Coeur d’Alene Mines — Randy Buffington appointed senior VP of operations.
Cerro Resources makes headway at Mt. Philp
A new resource estimate for the Mount Philp hematite iron prospect in Northwestern Australia shifts more inferred resources into the indicated category but has failed to lift the shares of Cerro Resources (CJO-V, CJO-A).
Molycorp secures US$390M for growth
U.S. rare earths producer Molycorp (MCP-N) is giving Chile-based Molymet 12.5 million shares in exchange for US$390 million.
Best intercept yet for Bellhaven in Colombia
Bellhaven Copper & Gold (BHV-V) hit its best intercept yet at its La Mina gold-copper project in Colombia, and the good news came out of an emerging zone on the property.
Canada and China sign landmark uranium agreement
A new trade deal allowing Canadian uranium exports to China is eliciting cheers from uranium companies across the country. The deal was one of several agreements signed during a visit to China in early February by Canadian Prime Minister…
Marathon Gold goes the distance in Idaho, Newfoundland
Newfoundland-focused explorer Marathon Gold (MOZ-T) is ramping up its U.S. presence with a 20,000-metre drill program at its Golden Chest gold mine project in Idaho and a historic Bonanza gold mine acquisition across the state line in Oregon.