Gahcho Kué takes shape
If you ask Patrick Evans, chief executive of Mountain Province Diamonds (TSX:MPV; NYSE: MDM), what surprised him most about the results of an updated feasibility study released in April for…
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Diamonds shining once again
In our last issue, I asked whether there had been a shift in sentiment toward the diamond sector, which survived 2013 in much better shape than the rest of the…
Revolution turns to Red Mountain in BC
VANCOUVER — For Revolution Resources (TSX: RV) president and CEO Robert McLeod, the company’s recent acquisition of the Red Mountain gold property in northwestern B.C. is a lot like coming home.
TSX moves up, April 21-25
Canada’s benchmark index gained during the week despite rising tensions in Ukraine, with the S&P/TSX Composite Index moving up 33 points to 14,533.57.
Uranerz Energy’s Nichols Ranch starts production
Uranerz Energy (TSX: URZ; NYSE-MKT: URZ) has become the newest member of a small club of uranium producers now that its first uranium mine — Nichols Ranch — received final clearance from the U.S. Nuclear Regulatory Commission and…
Torex Gold gets $375M for Morelos in Mexico
It took a while, but Torex Gold Resources (TSX: TXG; US-OTC: TORXF) has closed its $375-million project-finance facility — enough to fully fund its El Limon–Guajes project at its Morelos property in Mexico right through to…
Abitibi Royalties offers another way to play Canadian Malartic
Not everyone is sitting on the piles of cash that Agnico Eagle Mines (TSX: AEM; NYSE: AEM), Yamana Gold (TSX: YRI; NYSE: AUY) are contemplating spending to acquire Osisko Mining’s (TSX: OSK; US-OTC: OSKFF)…
Royal Nickel buys 25% of Sudbury Platinum for $1.5M
Toronto-based explorer Royal Nickel (TSX: RNX; US-OTC: RNKLF) has seen its shares climb more than 50% since April, when it gave an upbeat outlook on nickel prices and announced acquiring a minority interest in a private company that’s…
Orex’s high hopes for Goldboro in NS
When mining financier Willie McLucas first visited Orex Exploration’s (TSXV: OX) Goldboro project in Nova Scotia in August 2013, he was excited by what he saw: One of Canada’s earliest gold mines that could become a producer once…
Trafigura gives Mawson the money to build Kapulo copper mine in DRC
VANCOUVER — An offtake agreement with a US$50-million prepayment has given Mawson West (TSX: MWE; US-OTC: MWSWF) the funds it needs to finish building its Kapulo copper–silver mine in the Democratic Republic of the Congo.
Macusani to buy Azincourt’s Peruvian uranium play
VANCOUVER — Macusani Yellowcake (TSXV: YEL, US-OTC: MCYWF) has struck a deal to buy Azincourt Uranium’s (TSXV: AAZ, US-OTC: AZURF) Minergia uranium portfolio on the Macusani Plateau of southeastern Peru.
Uranium Energy’s Slick Rock needs U3O8 rebound to fly
Corpus Christi, Texas-based Uranium Energy (NYSE-MKT: UEC) has completed a promising preliminary economic assessment (PEA) on its Slick Rock uranium–vanadium deposit, which is one of its many projects in Colorado.