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Mining engineers in conversation at Uranium Energy's Palangana in-situ recovery mine. Source: Uranium Energy

Uranium Energy signs US$7.1M financing

U.S.-based uranium miner and explorer Uranium Energy (NYSE-MKT: UEC) recently lined up a US$7.1 million financing to support the growth of its South Texas exploration projects, mainly the Burke Hollow in-situ recovery property in Bee County.


Fortuna releases maiden resource at Trinidad North

VANCOUVER — Shares of Mexico-focused producer Fortuna Silver Mines (TSX: FVI; NYSE: FSM) received a boost following news of a successful drill program at the company’s San Jose silver-gold mine in Oaxaca State, Mexico. On Oct. 17 Fortuna…




Columbus cuts near-surface gold at Eastside

VANCOUVER — Shares of Nevada-focused explorer Columbus Gold (TSXV: CGT) were on the rise following the release of promising near-surface drill assays from its Eastside gold asset located 40 km due west of Tonopah, Nevada. The company’s…




At the entrance to the historic Lower Deer Trail gold mine in Utah, from left: lead miner Shane Morrison, chairman Arthur Brown, president Michael Callahan, vice-president of exploration Eric Saderholm, CEO Warwick Smith and investor relations representative Erin Ostrom. Photo by Adrian Pocobelli.

Western Pacific bets on the Deer Trail mine

MARYSVALE, UTAH — Vancouver-based exploration company Western Pacific Resources (TSXV: WRP) is adding a new project to its portfolio with the acquisition of the Deer Trail mine, a polymetallic project with silver, gold, zinc, lead and…


TSX Venture Exchange, Oct. 7-11

The S&P/TSX Venture Composite Index lost 2.7%, or 26 points, before closing the trading week at 929.37 points. Metal and energy futures struggled as markets kept an eye on the U.S. debt impasse. Meanwhile, trade data out of China showed…


U.S. markets, Oct. 7-11

U.S. markets climbed late in the week with signs that lawmakers might strike a short-term deal to avoid a debt default. The Dow Jones Industrial Average rose 1.09% to 15,237.11 and the S&P 500 advanced 0.75% to 1,703.20. Economists estimate…


Toronto Stock Exchange, Oct. 7-11

The S&P/TSX Composite Index closed up 176 points to 12,892.11, as investors hoped for a resolution to the budget impasse south of the border. The situation was doubly bad for commodities, as lower U.S. bond prices pushed yields higher,…



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