News

Positive PEA for Colonial Coal’s Huguenot

VANCOUVER — The Huguenot project in northeastern B.C. could become a metallurgical coal operation, according to a preliminary economic assessment (PEA) from project owner Colonial Coal International (TSXV: CAD).


Elders, warriors and escorts representing the Tahltan Nation occupy a drill site in September at Fortune Minerals' Arctos coal project in northwest British Columbia. Photo by Tamo Campos.

Fortune’s ability to develop Arctos remains in question

VANCOUVER — Finding a solution to an outstanding dispute with the Tahltan First Nation in northwestern B.C. isn’t a new task for Ontario-based Fortune Minerals (TSE: FT), but it is proving to be a serious barrier as the…


The landscape of McEwen Mining's Los Azules copper porphyry project in San Juan, Argentina. Source: McEwen Mining

McEwen Mining improves Los Azules’ economics

VANCOUVER — It has been nearly three years since McEwen Mining’s (TSX: MUX, NYSE: MUX) wholly owned Los Azules copper porphyry project in the cordillera region of San Juan, Argentina, was put through the rigours of an economic…


Mercator's Mineral Park copper-molybdenum-silver mine in northwestern Arizona. Source: Mercator Minerals

Mercator weighs its options

Mercator Minerals (TSX: ML; US-OTC: MLKKF) is delving into a strategic review that is considering any or all of the following: selling the company; a business combination; or selling all or part of its assets, in light of lower commodity…



Inside the core shack at Corvus Gold's North Bullfrog gold-silver project, 10 km north of Beatty, Nevada. Source: Corvus Gold

Corvus rallies on Bullfrog drill results

VANCOUVER — Good news has been rolling in for explorer Corvus Gold (TSX: KOR) at its wholly owned North Bullfrog gold-silver project, 10 km north of Beatty, Nev. Corvus started a 20,000-metre drill program at the project in mid-May, after…


The headframe at Nevada Copper's Pumpkin Hollow copper project under construction in Nevada. Source: Nevada Copper

Nevada Copper models open-pit expansion at Pumpkin Hollow

VANCOUVER — Markets have become hesitant towards projects with large development costs, so many companies are contemplating mine development that allows for smaller initial operations that are later expanded. For Vancouver-based Nevada…


Editorial: Brazilian peekaboo

Recent revelations by former National Security Agency contractor Edward Snowden and Brazil-based Guardian journalist Glenn Greenwald regarding widespread U.S. and allied cyberspying took a curious turn in early October, unexpectedly dragging…



The surface of the Mitchell deposit at Seabridge Gold's KSM gold-copper project, 65 km northwest of Stewart, B.C. Source: Seabridge Gold

Seabridge finds more high-grade core zones at KSM

VANCOUVER — Seabridge Gold’s (TSX: SEA; NYSE: SA) KSM project encompasses four deposits that contain 38 million oz. gold and 10 billion lb. copper. But mines for deposits that big are usually expensive to build and operate, and KSM…


Leach-pad construction at Marlin Gold Mining's Trinidad gold project in Sinaloa, Mexico. Source: Marlin Gold

Production is right around the corner for Marlin Gold

It’s not every day that you come across a junior that is on the brink of production and generating cash within four to six months, whose largest shareholder is a hedge fund with an 80% ownership stake, whose management team is headed by…


Correction

The story “Detour Lake drilling yields new gold structure” (T.N.M., Sept. 23–29/13) incorrectly identified BMO Capital Markets analyst Brian Quast as the author of a research note which was, in fact, authored by BMO Capital…


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