NMC doubles resource at moly mine
Vancouver – South Korea-focused NMC Resource (NRC-V) has substantially increased contained resources at its high-grade Moland molybdenum mine.
News
Royal Nickel unveils Dumont prefeasibility
Royal Nickel (RNX-T) is targeting first production at its Dumont nickel project in western Quebec by the end of 2015 and once in full production expects it to be among the top five sulfide nickel assets in the world based on yearly nickel…
Will Japan’s disasters derail the diamond recovery?
As the human toll of Japan’s devastating triple disaster becomes clearer, the world is beginning to take stock of the potential economic impacts of the March earthquake, tsunami and nuclear…
Boom times around the corner for diamond producers?
Nearly 20 years ago, when Dia Met and BHP Billiton announced the discovery that would become the Ekati diamond mine, there were more than a few skeptics who doubted that…
Solid gains for the TSX during Oct.24-28
The TSX Composite Index surged during the Oct. 24-28 trading week, finishing up 570.02 points higher than where it began at 11,949.49.
U.S. markets end Oct. 24-28 week in positive territory
News that European leaders reached an agreement to increase the region’s bailout fund and convinced banks and insurers to take a 50% haircut on their Greek bonds, buoyed U.S. equity markets. Investors were also soothed with data that the U.S….
Fronteer spin-off Pilot Gold busy with the drill
Vancouver – Just six months into its new corporate life, Vancouver-based gold explorer Pilot Gold (PLG-T) has already drilled 60,000 metres at nine projects on two continents.
Dia Bras settles strike action in Peru
Vancouver – The road to Dia Bras Exploration’s (DIB-V) Yauricocha mine in Peru’s Yauyos Province is now open after a blockade was cleared.
Venture sees straight gains in Oct 24-28 period
Vancouver – A long-awaited deal on EU debt helped push the S&P TSX Venture Composite Index up 96.98 points in the Oct. 24-28 period to reach 1,629.89 points after five straight days of gains. Volume was also up somewhat, with an average of…
[Update] The Red Back team returns
The former Red Back Mining team led by Richard Clark is back to advance Atacama Minerals (aam-v) using the same strategy they used to build the West African gold producer before selling it to Kinross Gold (k-t, kgc-n) for US$7.1…
Agnico closes, writes off Goldex
In a significant blow to its bottom line, Agnico-Eagle Mines (AEM-T, AEM-N) has been forced to indefinitely shut down and write off its Goldex underground gold mine in Val-d’Or, Que., because of the mine’s physical instability.
Boss Power wins $30M settlement from BC gov’t
Boss Power (BPU-V) has made $30 million from a uranium prospect without drilling a single hole.