Editorial: Greasing the wheel of life
Big Oil roared back into the headlines in Canada and across the world, once again showing how, compared to mining, the oil industry is in a league all its own when it comes to societal impacts.
News
Commentary: How much should you pay for that junior?
The devastation in the junior mining sector is likely to spur some mergers and acquisitions, with larger companies that still have healthy balance sheets going hunting for acquisitions. (See main article: “How to fish for profits in…
Mercator lowers Mineral Park’s copper-moly reserves
Mercator Minerals (TSX: ML; US-OTC: MLKKF) has updated the resource and reserve estimate for its Mineral Park copper-molybdenum mine in Arizona, noting that while reserves have decreased, the open-pit operation still has a promising life ahead.
Canadian Zinc two permits closer to production
Canadian Zinc (TSX: CZN) is progressing down the road to production at its Prairie Creek zinc-lead-silver mine in the Northwest Territories.
Banks Island set to mine gold in BC
VANCOUVER — Drilling at Banks Island Gold’s (TSXV: BOZ) Yellow Giant high-grade gold project in coastal B.C. is hitting gold along strike and beneath known mineralization, creating potential for a larger resource just as the company…
Sarama hits another high-grade gold zone at South Hounde
VANCOUVER — It seems there is still much gold to be found at the South Houndé project in Burkina Faso, where initial drilling at a new target has returned shallow, high-grade gold for Sarama Resources (TSXV: SWA).
For Oceanic, it’s steady as she goes
Oceanic Iron Ore (TSXV: FEO; US-OTC: FEOVF) may be a junior trying to develop a costly iron ore project in remote northern Quebec during hard financial times, but over the last year management has come closer to tying up a deal with a potential…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, July 9, 2013 Precious MetalsPrice…
Long gold hits for GoldQuest in DR
VANCOUVER — Every batch of drill results from the Romero gold discovery at GoldQuest Mining’s (TSXV: GQC) Las Tres Palmas project in the Dominican Republic adds to a growing list of impressive intercepts. The latest batch was no…
Bellhaven drills into third porphyry at La Mina
VANCOUVER — Patience is paying off for Bellhaven Copper & Gold (TSXV: BHV).
Southern Arc proves up initial West Lombok resource
VANCOUVER – After more than 40,000 metres of drilling, Southern Arc Minerals (TSXV: SA) has calculated an initial resource for its West Lombok property in Indonesia that supports the company’s plan to develop a multi-pit gold mine at the…
Mega Uranium eyes JV with Cameco at Kintyre
VANCOUVER — It’s been a busy month on the deal front for Toronto-based junior Mega Uranium (TSX: MGA). In mid-June Mega announced a proposed merger with peer Rockgate Capital (TSX: RGT), which would create a cashed-up…