News

Pele Mountain updates resource estimate

When Pele Mountain (GEM-V) completed a scoping study in 2007 on its Eco Ridge mine project in Elliot Lake, the company didn’t even bother to include the deposit’s rare earth elements as a by-product of the project’s planned uranium production.


Northern Gold drills for Ontario’s next big thing

With so many gold juniors vying for investor’s attention, it can be an ever more daunting task separating out the projects that will outshine the rest. Since assessing exploration projects has always been a relative game, projects that meet…


Risks and rewards in an emerging Africa

Cape Town, South Africa – A record number of delegates descended on Cape Town in early February to hear about new African investment opportunities as countries continue to stablize and open up, though risks remain.


Canaco defends turf and releases strong drill results

Canaco Resources (CAN-V) continues its surge up the market on the back of stellar drill results and the successful defense of its turf in Tanzania. The latest round of assays helped push the company’s share price up 3% or 16¢ to $6.10 on…


Pretivm Resources is off to a good start

After twenty-five years at the helm of Silver Standard Resources (SSO-T, SSRI-Q), Robert Quartermain is back in action with a start-up company called Pretivm Resources (PVG-T) that listed in December at $6.00 per share and is trading today at…


Ivanhoe and Altynalmas boost resource at Bakyrchik

A 50% increase in indicated resources at the Bakyrchik deposit “bodes well” for the definitive feasibility study that is due out in the second quarter of 2011, Altynalmas Gold and Ivanhoe Mines (IVN-T, IVN-N, IVN-Q) say.


Richmont posts resource for Wasamac property

Since joining the ranks of gold producers in 1991, Richmont Mines (RIC-T, RIC-X) has produced more than 1.2 million ounces of gold from its operations in Quebec, Ontario and Newfoundland and by the middle of this year expects to add production…


The state of mining in South Africa

Cape Town, South Africa – The mood at the 2011 Mining Indaba conference in South Africa was markedly upbeat as the industry experiences booming growth, but the host nation was left wondering how it had missed out.


The village of San Antonio de Quicha Chico near Stonegate Agricom's Mantaro phosphate deposit, 250 km east of Lima, Peru. Photo by Stonegate Agricom

A closer look at phosphate and Stonegate Agricom

Rising food prices have turned the conversation in many mining circles to increases in potash demand. Potash juniors have benefited as a result, and have ranked as some of the best performers on the TSX Venture Exchange over the last month.


Positive economics for Romarco’s Haile

Just three years after acquiring the Haile deposit in South Carolina, Romarco Minerals (R-T) has completed a positive feasibility study that demonstrates the project would have one of the lowest operating costs and highest grades of any…


Cliffs Natural Resources' Black Thor chromite project near McFauld's Lake in northern Ontario. Photo by Cliffs Natural Resources

Cliffs says Ontario’s electricity prices are too high

Cliffs Natural Resources (CLF-N) is warning that high electricity rates in Ontario are forcing it to widen its search for a location to build a proposed ferrochrome production facility that will use a closed electric arc furnace to treat ore…


US budget folly

U.S. politics veered into the surreal in mid-February, as U.S. President Barack Obama unveiled a deficit-laden, US$3.73-trillion budget proposal for fiscal 2012 that completely ducks the critical issue of unsustainable spending by the U.S….


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