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"We wanted to be realistic to separate us from all of our predevelopment peers," Plateau Uranium President and CEO  Ted O'Connor.

Plateau Uranium making strides at Macusani

Five corporate transactions over eight years and a steady pace of consolidation and resource growth have laid the groundwork for an updated preliminary economic assessment (PEA) of the Macusani project in southern Peru that would place it in…


Pumps and piping at Ur-Energy's Lost Creek uranium mine in Wyoming. Credit: Ur-Energy

Ur-Energy’s Lost Creek uranium project remains robust

Ur-Energy (TSX: URE; NYSE-MKT: URG) has updated the preliminary economic assessment (PEA) for its Lost Creek uranium property in Wyoming, with Rich Boberg, the company’s senior director of investor relations, noting there are three…


Peter Breese (left), Asanko Gold's president and CEO, and Colin Steyn, chairman, shake hands over a gold bar from the Asanko gold mine in Ghana. Credit: Asanko Gold

Asanko pours first gold in Ghana

Asanko Gold (TSX: AKG; NYSE-MKT: AKG) has started gold production at its namesake mine in Ghana, becoming the newest mine in the West African country.


Detour Gold's flagship Detour Lake open-pit gold mine in northeastern Ontario. Credit: Detour Gold

Analysts give thumbs up to Detour’s new mine plan

A revised life-of-mine (LOM) plan that incorporates an additional mine face, enhances flexibility and further de-risks Detour Gold’s (TSX: DGC) Detour Lake gold mine in northeastern Ontario has elicited a round of applause from analysts…


Aston Bay Holdings' Storm copper project, 20 km from tidewater in the northwest corner of Somerset Island, Nunavut. Credit: Aston Bay Holdings

Aston Bay strikes exploration deal with BHP

BHP Billiton’s (NYSE: BHP) Canadian subsidiary has signed a letter of intent to fund exploration on Aston Bay Holdings’ (TSXV: BAY) Storm copper property, in Somerset Island, Nunavut. 



Moe Lavigne, KWG Resources' vice-president of exploration and development, inspects core in 2010 at the Big Daddy chromite deposit in Ontario. Credit: WG Resources

KWG turns to China for help in Ring of Fire

A railway design and engineering company named China Railway First Survey & Design Institute Group Co. (FSDI) and owned by China Railway Construction, one of China’s three major state-owned rail groups, is teaming with KWG…




Potash Corp.'s Rocanville potash facility in Rocanville, Sask. Source: Potash Corp. of Saskatchewan

PotashCorp suspends its newest mine in NB

Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) is indefinitely suspending its new Picadilly potash mine in New Brunswick to lower its company-wide costs — dismissing roughly 430 workers. 


Workers underground at Vale's Taquari-Vassouras   potash mine in Brazil. Credit: Vale

Moody’s puts 55 miners on review for downgrade

Moody’s Investors Service has put the credit ratings of 55 mining companies under review due to poor market conditions, noting this downturn marks a “unprecedented shift” for the mining industry.


TSX rises on higher oil prices, Jan. 18-22

The Toronto stock market ended in positive territory, as oil prices strengthened and investors considered possible monetary easing by central banks in Europe and Japan. The S&P/TSX Composite Index rose 2.6% to close at 12,389.58. The…


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