Shares of Aquila Resources (TSX: AQA; US-OTC: AQARF) rose 15% after the Toronto-based firm published an updated preliminary economic assessment (PEA) for its gold- and zinc-rich Back Forty project in Michigan’s Upper Peninsula.
Potash Corp. of Saskatchewan (TSX: POT; NYSE: POT) has upped its full-year earnings guidance for the second time this year after a better-than-expected second-quarter profit of US$472 million.
VANCOUVER — Fission Uranium (TSXV: FCU; US-OTC: FCUUF) hit mineralization in every one of the first 14 holes of its mid-year drill program at Patterson Lake South (PLS), continuing a drilling success story that has delineated shallow,…
Timmins Gold (TSX: TMM; NYSE-MKT: TGD) has reported a second-quarter profit of US$3.2 million, or US2¢ per share, which is double the amount earned a year ago, but below the consensus estimate of US4¢ per share.
After spending the past year selling off assets and slashing costs, Newmont Mining (NYSE: NEM; TSX: NMC) is moving forward with its Merian gold mine project in Suriname, and plans to spend up to $1 billion to build its first mine in the South…
Sherritt International (TSX: S; US-OTC: SHERF) reported a $30.1-million net loss in the second quarter, largely due to its Ambatovy joint-venture nickel–cobalt project in Madagascar, where it reduced the project’s annual…
VANCOUVER — In the six months since it acquired the Tanlouka gold project in Burkina Faso, West African Resources (TSXV: WAF) has drilled 124 holes, updated the resource, tested Mankanga’s metallurgy and shown that a US$44-million…
Mining is the largest industrial sector in the Northwest Territories (NWT), and building transportation and other important infrastructure is the key to unlocking its potential, NWT Premier Bob McLeod said at a symposium in Toronto on Aug. 6.
Southern Copper (NYSE: SCCO) will start building its US$1.4-billion Tia Maria copper mine in Peru before the end of 2014, after having secured approval of the project’s environmental-impact assessment in early August. Production is…
Ahead of a maiden resource estimate due out later this year, results from Kennady Diamonds’ (TSXV: KDI) Kennady North project in the Northwest Territories continue to confirm expectations of a high-grade project.
VANCOUVER — With $51 million in new debt funding on hand, Trevali Mining (TSX: TV; US-OTC: TREVF) is finding that it’s a good time to rehabilitate an underground zinc mine in New Brunswick.
VANCOUVER — Dublin-registered Minco PLC (LSE: MIO) is planning to produce high-grade manganese from its Woodstock project in New Brunswick for 25% below the industry’s average cost, and supply the North American and European steel…
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