Lake Shore catches its breath
Lake Shore Gold (LSG-T, LSG-X) is pushing for redemption after falling out of investor favour in early 2011 with disappointing production at its two gold mines near Timmins, Ont.
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Luna Gold earning its due in Brazil
It’s been a busy second half of the year for Luna Gold (LGC-T).
Cashed-up Largo to enlarge stake in Maracas
A $10-million private placement that closed on Nov. 1 gives strategic metals junior Largo Resources (LGO-V) the juice it needs to purchase the remaining 10% of the Maracas vanadium project in Brazil that it doesn’t already own.
Iamgold’s Q3 profit misses the mark
Iamgold (IMG-T, IAG-N) took a hit after posting a weak third-quarter profit owing to lower gold production and sales.
Cuervo jumps back into action in Peru
Iron ore explorer Cuervo Resources (FE-C) may be on to something big as it drills off the Bob 1 zone, one of the two large targets on its flagship Cerro Ccopane iron ore property in southern Peru.
Pretium works to conquer the Valley of the Kings
Driving to complete a feasibility study on its wholly owned Brucejack gold-silver project, 65 km north of Stewart, B.C., Vancouver-based Pretium Resources (PVG-T, PVG-N) has released an updated resource estimate on its Valley of the Kings zone.
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Toronto Stock Exchange
UBC, SFU win $25 million Federal mining grant
VANCOUVER — Two Vancouver-based universities have been selected to spearhead the establishment of the upcoming Canadian International Institute for Extractive Industries and Development. The University of British Columbia (UBC) and Simon…
Cliffs delays Bloom Lake expansion, cuts 2013 iron ore output
Cliffs Natural Resources (CLF-N) is applying the brakes on its iron ore operations in North America as fundamentals for the metal weakens, citing unstable prices and a drop in North American steelmaking.
Rebel group consolidates position in DRC
Rebel fighters from the M23 group in the Democratic Republic of Congo have pushed past Goma, the capital of North Kivu province, to the town of Sake, 20 km to the west, and claim they plan to march to Kinshasa, the country’s capital.
Slater talks early-mover status in Kazakhstan
VANCOUVER — Business partners Ian Slater and Robert Bell have had their sights set on potential mining plays in Kazakhstan since the country declared independence from the Soviet Union in the early 1990s. Roughly twenty years later, it…
Bad timing for Banro
Unrest in the Democratic Republic of Congo couldn’t have come at a worse time for Banro Corp. (BAA-T), whose Twangiza gold mine started commercial production there in September.