Planetary Resources’ plan to mine asteroids
A start-up company with high-profile supporters has set out to boldly go where no miner has gone before — to extract the resource riches of outer space.
News
ESO Uranium digs into the Athabasca Basin
Ben Ainsworth joined the board of Hathor Exploration in 2005 and served as vice president exploration during the junior’s development of its high-grade Roughrider uranium deposit in northern Saskatchewan’s Athabasca Basin, about 25…
Potash remains a hot commodity on the Canadian prairies
VANCOUVER — With world populations marching ever upward, and an updated forecast from the U.S. Department of Agriculture estimating the largest U.S. corn crop in 75 years through 2012, it comes as no surprise that potash exploration…
Belo Sun Mining raises estimate on Volta
It’s been a busy few days for Belo Sun Mining (BSX-T). On Monday the Toronto-based junior adopted a shareholder rights plan, followed on Wednesday with an updated resource estimate for the two deposits in Brazil that make up its flagship…
La Ronge district regaining some of its old shine
VANCOUVER — In the 1980s Saskatchewan’s La Ronge gold belt was booming, with between 60 and 80 companies exploring on the ground and several hundred thousand ounces being pulled out of the ground. But a tough market and mixed…
Detour sees a straight path to production
Detour Gold (DGC-T) says it’s on track to start producing gold at the Detour Lake mine near Cochrane, Ont., early next year.
Seafield shores up Miraflores
With the release of its first preliminary economic assessment on its Miraflores project in Colombia, Seafield Resources (SFF-V) has given the market something to chew on.
Impact Silver reaps more high-grade
Second phase drilling at the Oscar project in Mexico has returned intercepts of 1,875 grams silver per tonne over 1 metre and 115 grams silver over 23.39 metres, Impact Silver (IPT-V) reports.
Boleo cost increase triggers Baja share sell-off
VANCOUVER — Markets have recently demonstrated that when cost optics or feasibilities suddenly shift on an advance-stage mining project, the company in question will inevitably face investor-driven wrath. So the story goes for…
Analyst questions Orbite’s ‘game-changing’ technology
Orbite Aluminae (ORT-T) has been pushed in the spotlight after an analyst raised concerns about some of the technology the company will use to extract alumina and rare earths from its Grande-Vallee property in Quebec.
Allied Nevada hot on Hycroft-Hasbrouck plan
It’s looking like a big year for Reno-based Allied Nevada Gold (AVN-T, AVN-X), with a US$1.2-billion expansion plan underway at its wholly owned Hycroft gold-silver mine in Humboldt County and a proposed US$78-million, heap-leach…
Augusta moves Rosemont forward
Augusta Resource (AZC-T, AZC-X) is slowly but surely pushing its Rosemont project in Arizona towards production by securing the sixth major permit needed to start building the primarily copper project located in Pima County, 50 km southeast of…