Enexco jumps on uranium hit at Mann Lake
International Enexco (TSXV: IEC) saw its shares climb 23% after announcing the thickest and highest grade hit yet from its 30%-held Mann Lake uranium property in Saskatchewan’s prolific Athabasca basin.
Copper
Altan CEO gets creative to finance greenfield exploration
VANCOUVER — It has been a lean two years for mineral explorers, and Evan Jones has seen just how tough capital markets have been on juniors, having guided sister companies Altan Rio Minerals (TSXV: AMO) and Altan Nevada Minerals (TSXV:…
PDAC: What turns a discovery into a mine?
Less than half of the discoveries made since 1950 have turned into mines so far, Richard Schodde, managing director of Melbourne-based MinEx Consulting, said at the recent Prospectors & Developers Association of Canada’s annual…
Rob McEwen on gold, royalty companies and Argentina
In January 2013 Rob McEwen’s McEwen Mining (TSX: MUX; NYSE: MUX) opened its 100%-owned El Gallo 1 open-pit heap-leach mine in Mexico for $13 million. This year the mine is expected to produce 40,000 oz. gold at an average cash cost of…
Reservoir Minerals raising $33 million in double financing
VANCOUVER — Investment dollars may be hard to rustle up these days, but Reservoir Minerals (TSXV: RMC; US-OTC: RVRLF) has a recipe for a raise: release an initial resource estimate for a flagship project containing 3.8 billion lb. copper…
Taseko denied New Prosperity
VANCOUVER — Despite a $300-million adaptation to save Fish Lake, the Canadian government will not allow Taseko Mines (TSX: TKO; NYSE-MKT: TGB) to build a $1.5-billion open-pit copper–gold mine at its New Prosperity project in…
Imperial taps debt markets for final Red Chris funds
VANCOUVER — With three new funding sources arranged, Imperial Metals (TSX: III; US-OTC: IPMLF) can see the finish line at Red Chris, the under-construction copper–gold project in northwest B.C. that will be Imperial’s fourth…
Colombian Mines buoyed by assets
VANCOUVER — Colombian Mines (TSXV: CMJ; US-OTC: CMBPF) has remained active on the exploration front through a hybrid strategy of project generation and organic discovery.
Sierra Metals goes old school at Cusi
CHIHUAHUA STATE, MEXICO — The green foothills an hour west of the city of Chihuahua are peaceful now. There is nothing in the gaze of a lingering llama that would tip a visitor off to the blood spilled here roughly a hundred years ago.
Eurasian seeks IOCG in Sweden
KIRUNA, SWEDEN — Eurasian Minerals (TSXV: EMX; NYSE-MKT: EMXX) is a prospect generator. The company takes its prime assets — deep geological expertise and skill navigating difficult socio-political settings — to…
Reservoir Minerals chairman talks modern exploration, Timok
VANCOUVER — When it comes to major discoveries over the past few years there are few that stand out in regards to grade and tonnage potential like Reservoir Minerals’ (TSXV: RMC; US-OTC: RVRLF) Timok copper porphyry in eastern…
Panoro looks forward to ‘transformational year’
Luquman Shaheen, the CEO of Panoro Minerals (TSXV: PML; US-OTC: POROF), remains upbeat and optimistic about the prospects of the company’s Cotabambas copper–gold–silver–molybdenum project and Antilla…