Wall Street mixed, June 6-10
U.S. stocks were mixed amidst concerns about the global economy. The Dow Jones Industrial Average posted a weekly gain of 0.3% to finish at 17,865.34,…
News
Fortuna scooping up Goldrock for US$101M
VANCOUVER — Fortuna Silver Mines (TSX: FVI; NYSE: FSM) has been on the lookout for an acquisition in the Americas, and it found a fit in…
Orex, Canasil strike again at Sandra Escobar
VANCOUVER — Partners Orex Minerals (TSXV: REX; US-OTC: ORXIF) and Canasil Resources (CVE: CLZ) have ignited a discovery at their Sandra Escobar silver project, 183…
Nautilus probes for more in Central Pacific
VANCOUVER — There’s an ocean of opportunity for aspiring seafloor miner Nautilus Minerals (TSX: NUS; US-OTC: NUSMF) at its wholly owned, polymetallic nodule project within…
Ur-Energy trims workforce, annual output
Ur-Energy (TSX: URE; NYSE-MKT: URG) has cut both its workforce and annual production guidance, amid the depressed uranium prices. Ur-Energy recently announced that it has eliminated…
Silver Bear moving swiftly to develop Vertikalny Central
Since the end of last year, shares of Russia-focused Silver Bear Resources (TSX: SBR) have soared from 1.5¢ to 24¢ apiece. “That’s more than a tenfold increase…
Atac eyes road access to Tiger gold deposit in the Yukon
VANCOUVER — Explorer Atac Resources (TSXV: ATC; US-OTC: ATADF) thinks its high-grade Tiger oxide gold deposit could offer significant start-up cash flow for a large-tonnage operation…
Dundee Precious Metals to start construction at Krumovgrad in Q3
Updating investors on its Krumovgrad gold project in southern Bulgaria, Dundee Precious Metals (TSX: DPM) says it could start construction before October and has revised…
It’s official: Lydian to start construction at Amulsar
Lydian International (TSX: LYD) has decided to build Armenia’s largest gold mine, with the first gold pour anticipated in 20 months. The company has more…
MDN sees future in niobium, acquires Argor
Two of the bigger mining deals in recent memory have a common denominator that might surprise a few people. Was it gold or copper? Neither….
Lundin Gold tables feasibility study for Fruta del Norte
VANCOUVER — Lundin Gold (TSX: LUG; US-OTC: FTMNF) has completed a feasibility study that outlines a path to production at its flagship Fruta del Norte (FDN)…
Champion Iron optimistic at Bloom Lake
Champion Iron (TSX: CIA; ASX: CIA) is lowering projected costs at the recently acquired Bloom Lake iron ore mine in the Labrador Trough, as part…