Lima-based gold miner Minera IRL (IRL-T, MIRL-L) has completed a definitive feasibility study on its wholly owned Ollachea gold project in southeastern Peru that shows strong potential for a robust underground mine that could produce 113,000…
When Rand Merchant Bank contacted Peter Spivey three years ago about meeting with the legendary founder of Cluff Gold, now known as Amara Mining (AMZ-T, AMA-L), to see whether he could help the company with its troubled assets in West Africa,…
Quest Rare Minerals (QRM-T, QRM-X) is advancing its Strange Lake rare earth element deposit in northern Quebec and expects to deliver a prefeasibility study on the project by year-end or early January, followed by a feasibility study in…
Shares of Goldquest Mining (GQC-V) have dropped every time the company has published new holes from its ongoing drill program at the Romero gold-copper target.
Inmet Mining’s (IMN-T) shares climbed after two announcements on Nov. 28 indicated the miner has turned down a second takeover bid from First Quantum Minerals (FM-T) and adopted a shareholder rights plan to provide more time to…
First Quantum Minerals (FM-T, FQM-L) has started commercial production at its Kevitsa open-pit, nickel-copper mine in northern Finland. The wholly owned project is the company’s second major foray into nickel, following the 2011 relaunch…
Head of global research at Byron Capital Markets Jon Hykaway has raised his target price on Ucore Rare Metals (UCU-V, UURAF-O) to $1 per share — a 12-month estimate that he “still considers conservative” — after the…
It has been a busy year for Vancouver-based El Nino Ventures (ELN-V). The company released results from a US$3-million, 18,500-metre drill program on its Murray Brook polymetallic massive sulphide project, 60 km outside of Bathurst, N.B., with…
Drill results from Pilot Gold’s (PLG-T) early stage joint-venture project with a Turkish subsidiary of Teck Resources (TCK.A-T, TCK.B-T, TCK-N) sent the junior explorer’s shares up 3.4% to $1.87 with 1.8 million…
Controlling a district rich with volcanic massive sulphides (VMS) has its advantages.
Richmont Mines (RIC-T, RIC-X) has found itself in a tough spot, with its shares sinking to a new 52-week low, after taking the Francoeur gold mine offline and scrapping its exploration efforts on the Wasamac gold property, both near…
When Revett Minerals (RVM-T, RVM-X) restarted the Troy mine in northwestern Montana in December 2004, the property had a mine life of about four years, based on its known reserves.
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