Ursa Major Minerals hits milestones
Since resuming mining a year ago from the West pit at its Shakespeare nickel-copper-PGM mine, which was closed in 2008 due to weak metal prices, Ursa Major Minerals (UMJ-T) has regained its momentum.
News
Where does uranium go now? (April 13, 2011)
While the environmental and social consequences of the Fukushima Dai-ichi nuclear power plant disaster rightfully remain the central focus of all onlookers, its effect on uranium prices has not gone unnoticed either. In the wake of such a…
Mercator to buy Creston Moly for $195 million
Vancouver – Mercator Minerals (ML-T) has entered an agreement to buy Creston Moly (CMS-V) in a friendly merger with significant potential for synergies that values Creston at $195 million.
Giustra shell joins rush for West African iron ore (April 12, 2011)
Vancouver – Investors have come to expect share-dilutive deals from Frank Giustra, one of Howe Street’s best known and most followed penny stock promoters. This does not seem to make the deals any less appealing, however, given the promoter’s…
Beaty closes in on 10/10
Vancouver – Of the 10 copper projects acquired by Ross Beaty’s Lumina Copper (lcc-v) in 2003 near the end of a five-year downturn for the resource sector and a dramatic fall in metal prices, it has kept just one, Taca Taca, in Argentina. The…
Caza Gold off to an active start
Recently listed Caza Gold (CZY-V) is off to a determined start at its early stage gold projects in Mexico and Nicaragua. The company re-capped its first quarter activities and outlined where it is heading in the coming months.
Peregrine Metals attracts attention
With the war for talent heating up in the mining industry it was something of a coup for junior Peregrine Metals (PGM-T) to snag as its new president Richard Leclerc — a seasoned mining veteran who over the course of his 29-year career has…
Positive PEA pumps Prodigy (April 11, 2011)
Junior explorer Prodigy Gold (PDG-V) got a warm reception on the market after releasing a positive preliminary economic assessment (PEA) for its Magino gold project in northern Ontario.
Silver Wheaton boosts reserves 9% (April 11, 2011)
The timing of Silver Wheaton’s (SLW-T, SLW-N) announcement on March 23 that it had boosted attributable reserves more than 9% in 2010 couldn’t have been better, as silver hit a fresh 31-year peak in futures markets on that day, with silver…
Malbex climbs as new zone is defined
All it took was the results from one drill hole and Malbex Resources’ (MBG-V) shares started running in the right direction.
Oyu Tolgoi to produce 3M oz. silver a year
With silver prices cruising to new heights, investor interest in the sizable Oyu Tolgoi copper-gold project in Mongolia has “prompted” Ivanhoe Mines (IVN-T, IVN-N, IVN-Q) to “more widely circulate the projections for silver production that have…
San Gold to nearly double production in 2011
San Gold (SGR-T, SGRCF-O) produced 43,498 oz. of gold last year and plans to nearly double that amount this year to 80,000 oz.