Brixton cuts mega-intercept in BC
Vancouver – Brixton Metals (BBB-V) has pulled a whopper of an intercept from the Thorn project in northwest British Columbia, hitting 95 metres grading 904 grams per tonne silver equivalent from near surface.
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Prophecy Platinum starts winter drill program at Wellgreen
Burwash Landing, Yukon – Fifteen km off the paved Alaska Highway in southwestern Yukon, the Wellgreen nickel-copper-PGM project sits largely as it has since 1973, when Hudson-Yukon Mining abandoned underground mining there after one year of…
Rare Element Resources adds to resource
In an updated resource estimate that includes less than half of the new assay results from holes drilled in 2011, Rare Element Resources (RES-T, REE-X) has boosted by 38% the measured and indicated resources of its Bear Lodge rare earths…
Baja Mining updates progress at Boleo
Baja Mining (BAJ-T, BAJFF-O) has tested the first of three 2.5 megawatt power generators at its 70%-owned Boleo copper-cobalt-zinc-manganese project and says all three will be online in early January.
Mine expansion approved at Huckleberry
The board of Huckleberry Mines, in which Imperial Metals (III-T) holds a 50% stake and a consortium of Asian companies (Materials Corp., Marubeni Corp., Dowa Mining Co. and Furukawa Co.) owns the remainder, has approved a plan to extend the…
Inmet’s ESIA approved for Cobre Panama
Shares of Inmet Mining (IMN-T) surged $3.12 apiece or 4.76% to close at $68.62 yesterday after the company announced that Panama has approved the environmental and social impact assessment for its Cobre Panama copper project, including the…
Cline starts commercial production at New Elk
Cline Mining (CMK-T) is swinging its New Elk metallurgical coal mine in southern Colorado into full commercial production at a rate of 3 million tons a year as part of its initial 20-year mine plan.
Independence Gold advances 19 properties in B.C., Yukon
With $15 million in the till, newly listed Independence Gold (IGO-V) is looking to recreate past success in British Columbia and the Yukon searching for gold and silver. The company was spun out of Randy Turner’s former Silver Quest Resources…
Molycorp secures off-take agreements for 78% of production
Before markets opened on Jan. 3 Molycorp (MCP-N) announced that it has found a home for more than three quarters of its Phase I production ahead of the start up of its rare earth production facility at its Mountain Pass mine in California.
Xstrata works to expand Canadian footprint
After a decade of expansion through mergers and acquisitions, diversified Swiss miner Xstrata (XTA-L) is turning to organic growth to provide its next generation of mines and to increase production through the expansion of others.
Brigus grows Black Fox
Brigus Gold (BRD-T, BRD-X) has added to its gold resource at the Black Fox complex in Timmins, Ont., and reported an initial resource estimate exceeding half a million oz. gold for its 147 and Contact zones.
Century Iron Mines building strength on the Labrador Trough
The amount of iron ore in the Labrador Trough appears endless, and Century Iron Mines (FER-T, FER-V) is the latest company to yield promising drill results from the world-renowned geological structure.