Volume 101 Number 52 Feb 8 - 14, 2016

"We wanted to be realistic to separate us from all of our predevelopment peers," Plateau Uranium President and CEO  Ted O'Connor.

Plateau Uranium making strides at Macusani

Five corporate transactions over eight years and a steady pace of consolidation and resource growth have laid the groundwork for an updated preliminary economic assessment (PEA) of the Macusani project in southern Peru that would place it in…

Pumps and piping at Ur-Energy's Lost Creek uranium mine in Wyoming. Credit: Ur-Energy

Ur-Energy’s Lost Creek uranium project remains robust

Ur-Energy (TSX: URE; NYSE-MKT: URG) has updated the preliminary economic assessment (PEA) for its Lost Creek uranium property in Wyoming, with Rich Boberg, the company’s senior director of investor relations, noting there are three…

US stocks gain ground, Jan. 25-29

U.S. equities posted a second consecutive weekly gain, after a surprise move from the Bank of Japan to stimulate its economy. The Dow Jones Industrial Average rose 2.3% to 16,466.30, while the S&P 500 Index advanced 1.8% to 1,940.24. The…

Peter Breese (left), Asanko Gold's president and CEO, and Colin Steyn, chairman, shake hands over a gold bar from the Asanko gold mine in Ghana. Credit: Asanko Gold

Asanko pours first gold in Ghana

Asanko Gold (TSX: AKG; NYSE-MKT: AKG) has started gold production at its namesake mine in Ghana, becoming the newest mine in the West African country.

Detour Gold's flagship Detour Lake open-pit gold mine in northeastern Ontario. Credit: Detour Gold

Analysts give thumbs up to Detour’s new mine plan

A revised life-of-mine (LOM) plan that incorporates an additional mine face, enhances flexibility and further de-risks Detour Gold’s (TSX: DGC) Detour Lake gold mine in northeastern Ontario has elicited a round of applause from analysts…

Aston Bay Holdings' Storm copper project, 20 km from tidewater in the northwest corner of Somerset Island, Nunavut. Credit: Aston Bay Holdings

Aston Bay strikes exploration deal with BHP

BHP Billiton’s (NYSE: BHP) Canadian subsidiary has signed a letter of intent to fund exploration on Aston Bay Holdings’ (TSXV: BAY) Storm copper property, in Somerset Island, Nunavut. 

TSX Venture bounces back, Jan. 25-29

The S&P/TSX Venture Composite Index recovered from historic lows during the trading period, as it gained 3.3%, or 15.85 points, en route to a 499.52-point weekly close. Commodity futures were on the rise across the board, with markets also…

TSX posts gains, Jan. 25-29

An interest rate cut by Japan’s central bank, the U.S. Federal Reserve’s decision to leave rates alone and rising oil prices — West Texas Intermediate crude finished at US$33.70 per barrel — lifted global markets. There…

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