Volume 100 Number 12 May 5 - 11, 2014

Facilities at Uranerz Energy's Nichols Ranch uranium mine in Wyoming.   Credit: Uranerz Energy

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…

An outcrop at Sudbury Platinum's Aer-Kidd nickel-copper-PGM project in Sudbury, Ontario. Credit: Transition Metals

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…

A mining truck at Goldcorp's Penasquito mine in Mexico. Credit: Goldcorp

Goldcorp ends fight for Osisko

Goldcorp (TSX: G; NYSE: GG) is bowing out of the race for Osisko Mining (TSX: OSK; US-OTC: OSKFF) by not amending its $3.6-billion hostile takeover offer for the junior producer and its large Canadian Malartic gold mine in Quebec.

The Tantamaco prospect at Azincourt Uranium's Macusani uranium project in southeastern Peru. Credit: Azincourt Uranium

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.

The past-producing Main pit at Pilot Gold's Kinsley Mountain gold project in northeast Nevada. Credit: Pilot Gold

More high-grade prompts Pilot Gold to expand Kinsley

Results from infill and step-out drilling at the Western Flank target of Pilot Gold’s (TSX: PLG; US-OTC: PLGTF) majority owned Kinsley Mountain project in Nevada continue to yield high-grade intercepts, sending the company’s share…

The Red Mountain gold project in northwestern British Columbia, which Revolution Resources has optioned from Seabridge Gold. Credit: Revolution Resources

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.

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