Canada Lithium rebounds
Canada Lithium (CLQ-T) is ready to move on from a shrinking-resource fiasco at its Quebec Lithium project near Val d’Or, Que., and has recently tabled an updated feasibility study of the project that shows it is still viable.
Canada
Market unimpressed with Rubicon’s PEA for F2
Rubicon Minerals (RMX-T, RBY-X) fell $1.12 or 23.9% to close at $3.56 per share with more than 4 million shares traded in Toronto after the company released a preliminary economic assessment of its 100%-owned F2 gold system, part of its Phoenix…
Commerce pulls long REE intercept from Ashram
Vancouver – Commerce Resources (CCE-V) has pulled the longest intercept to date at its Eldor rare earth project in northeastern Quebec.
TMX, LSE kill merger
Just a day before a key vote by TMX Group (X-T) shareholders on a controversial takeover proposal by the London Stock Exchange Group (LSE-L), both companies abruptly ended the $3.6-billion deal, saying that there weren’t enough votes to clear…
Silver Quest to raise $12M for Yukon, BC exploration
With exploration programs ongoing at three properties near New Gold’s (NGD-T) multimillion-ounce Blackwater gold project in north-central British Columbia and at 17 properties near Kinross Gold’s (K-T, KGC-N) White Gold deposit in the Yukon,…
Venture manages slight gains in June 20-24 period
Vancouver – The S&P TSX Venture Exchange Index managed a slight gain in the June 20 to 24 period, climbing 7.39 points to 1,905.33 after two days of gains outweighed three days of losses. Volume was in line with recent weeks at a somewhat…
Ct Lake: How big can it get?
There is no debating that Trelawney Mining and Exploration’s (TRR-V) Côté Lake deposit is big. But the question on the minds of many junior gold investors is: Just how big?
Ursa Major gets in the ring with Forbes & Manhattan
Struggling junior nickel miner Ursa Major Minerals (UMJ-T) has told Stan Bharti’s Forbes & Manhattan to put up its dukes and prepare for a proxy fight at Ursa’s annual general meeting on June 23.
Osisko, Clifton Star part ways at Duparquet
Four days after Osisko Mining (OSK-T) and Clifton Star Resources (CFO-V) released a resource estimate for the Beattie deposit – part of their larger Duparquet project – Clifton Star reported that Osisko is withdrawing from the project.
People
Alcoa – Kay Meggers appointed a VP.
Exchange rates
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Temex Resources posts resource for Gowganda
Between 1910 and 1972 the Miller Lake O’Brien silver mine in northeastern Ontario turned out 42 million oz. silver. It also left behind a lot of silver in tailings piles – 2.96 million oz. to be precise.