Shares of Lynas (LYC-A) closed 19% higher at A$1.59 on the Australian Stock Exchange following news that, after a year of delay, the Malaysian government has approved a temporary operating licence for the rare earth separation plant the…
Already equal partners in the headline-grabbing Rio Grande copper-gold project in Argentina, Regulus Resources (REG-V) and Pachamama Resources (PMA-V) are making the arrangement formal and merging into one company.
Last December Benton Resources (BTC-V) launched a 1,500-metre drill program at its Sewell-West Timmins grassroots gold project in northern Ontario, 60 km west of Timmins and 40 km west of Lake Shore Gold’s (LSG-T) Timmins gold mine.
AMC Mining Consultants has given the thumbs-up to Silvercorp Metals’ (SVM-T, SVM-N) Gaocheng silver-lead-zinc project in southern China in a prefeasibility study that outlines a $73.7 million net present value at an 8% discount rate, a…
An unfriendly takeover bid of Magma Metals (MMW-T, MMW-A) by Australia’s Panoramic Resources (PAN-A) sent Magma’s shares in Toronto up 77% to close at 15¢ on Feb. 3 with nearly 3 million shares changing hands.
Tuesday, Feb 14, 2012
Newfoundland-focused explorer Marathon Gold (MOZ-T) is ramping up its U.S. presence with a 20,000-metre drill program at its Golden Chest gold mine project in Idaho and a historic Bonanza gold mine acquisition across the state line in Oregon.
Investment Canada shunned critics and gave a nod to Winsway Coking Coal’s bid for Calgary-based Grande Cache Coal (GCE-T).
Being in a gold-rich country before the mining world gets turned on to it can pay some handsome dividends, as Orezone Gold (ORE-T) is proving in Burkina Faso.
Canada’s uranium began a whole new chapter in its history in early February with the landmark agreement to open wide the country’s uranium production and nuclear technology to customers in China, undoing decades of Cold War-ish…
During my forty years in the mining business I have listened to hundreds of stories about lost mineral showings, rich gold deposits just over this hill or that, odd-looking rock types that elude scientific description and even fur trappers…
At a time of record-high gold prices Nevsun Resources (NSU-T) had the unfortunate task of announcing to the market that it has a lot less gold in its deposit than it originally believed.
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