A growing Mandalay remains Desjardins’ top pick
Mandalay Resources (TSX: MND; US-OTC: MNDJF) has bumped up its full-year production guidance after reporting solid third-quarter numbers.
Industrial/Specialty Minerals
Mkango climbs on Malawi’s REE potential
It’s a little unusual for a Canadian junior to skip a preliminary economic assessment and proceed to the prefeasibility stage, but that strategy seems to have worked for Calgary-based Mkango Resources (TSXV: MKA), judging by the…
TSX sinks on global economic fears, Oct. 6-10
Canada’s main stock index posted its biggest loss in more than a year as investors fretted about the state of the global economy, despite robust employment data.
RB Energy halts production
Instead of heading toward full production in early 2015 at its Quebec Lithium mine, 60 km north of Val-d’Or, Que., RB Energy (TSX: RBI; US-OTC: RBEIF) is headed for a restructuring.
Mega Precious Metals’ emerging gold-tungsten camp at Monument Bay
VANCOUVER — It’s been a bountiful year of drilling for explorer Mega Precious Metals (TSXV: MGP) at its wholly owned Monument Bay project, 340 km southeast of Thompson, Man. The company was hoping an infill drill campaign on its…
US stocks tumble, Sept. 29-Oct. 3
U.S. equities had a rough ride during the trading week. The Dow Jones Industrial Average fell 103 points to 17,009.69, while the S&P 500 Index lost 15 points to end at 1,967.90. The tech-heavy Nasdaq Composite Index tumbled 37 points to…
Fednav ships to serve Strange Lake
Quest Rare Minerals (TSX: QRM) has signed a non-binding memorandum of understanding with Montreal-based Fednav to develop and deliver shipping solutions for the Strange Lake REE project in northeastern Quebec.
Iamgold sells Niobec mine to ex-CEO of Barrick
Former Barrick Gold (TSX: ABX; NYSE: ABX) CEO Aaron Regent is back in action.
Commentary: Steel demand cools
The following is an edited excerpt from the World Steel Association’s (worldsteel) “Short-range outlook for 2014 and 2015.” It forecasts that global apparent steel use will increase by 2% to 1,562 million tonnes in 2014 after…
Iamgold to sell Niobec mine
President and CEO Steve Letwin of Iamgold (TSX: IMG; NYSE: IAG) told the Denver Gold Forum that he is confident the company can soon sell its Niobec mine in Quebec for $500 million after taxes.
Quebec government invests $2M in Arianne Phosphate
The Quebec government — through Investissement Québec — is investing $2 million to become a shareholder in Arianne Phosphate (TSXV: DAN; US-OTC: DRRSF) and its Lac à Paul deposit, one of the largest greenfield…
RB Energy proposes sale of iodine mine, $80M financing
At press time in late September, shares in fledgling lithium miner RB Energy (TSX: RBI; US-OTC: RBEIF) had fallen by half since it proposed a $78-million to $88-million financing in mid-September.