Zazu, Teck ready Lik in Alaska for coming zinc boom
In April, CRU analyst Helen O’Cleary forecast that enormous deficits of zinc will emerge in 2017 and 2018.
United States
Augusta’s Clausen on Hudbay bid, other suitors
Nine interested parties — including a number of “significant industry players” — have signed confidentiality agreements to review the Rosemont copper project in Arizona, Augusta Resource (TSX: AZC; NYSE-MKT: AZC) says.
TSX dips, April 7-11
The S&P/TSX Composite Index fell 135.41 points during the trading week to close at 14,257.69. The S&P/TSX Capped Diversified Metals & Mining Index jumped 12.55 points to 814.81. The S&P/TSX Global Gold Index slipped 1.07 points…
Allied Nevada hits the comeback trail
Allied Nevada Gold (TSX: ANV; NYSE-MKT: ANV) has been one of the more challenged operators in the gold sector in recent years, but its latest production results show a company on the comeback trail.
Capstone ‘gets it right,’ analysts say
Mid-tier copper producer Capstone Mining (TSX: CS; US-OTC: CSFFF) impressed analysts after posting record production results for the first quarter of the year.
Capstone more than doubles Pinto Valley mine life
VANCOUVER — Six months after buying the Pinto Valley mine, Capstone Mining (TSX: CS; US-OTC: CSFFF) has shown that the copper–molybdenum–silver mine can be operated for at least eight extra years and produce a billion more…
Tesla drives momentum for Western Lithium
When electric-carmaker Tesla Motors (NASDAQ: TSLA) announced on Feb. 26 that it would build the world’s largest lithium-ion battery factory in the U.S., Western Lithium (TSX: WLC; US-OTC: WLCDF) surged 36% to 72¢ per share, with…
Rio Tinto gives its Northern Dynasty stake to Alaskan charities
In yet another apparent setback for Northern Dynasty Minerals (TSX: MDM; NYSE-MKT: NAK) and its controversial Pebble copper-gold-molybdenum project in Alaska, Rio Tinto (NYSE: RIO; LSE: RIO) is giving its 19.1% stake in the company to two local…
Uranium Energy gets US$10M cash injection
Texas-based Uranium Energy (NYSE-MKT: UEC) has drawn down another US$10 million from its previously announced US$20-million credit facility, after its lenders agreed to defer the required principal payments by two years, providing the company…
Wallbridge to put Broken Hammer into production
Wallbridge Mining (TSX: WM; US-OTC: WLBMF) is building an open-pit mine in April at its Broken Hammer copper–platinum group metal project in Sudbury, Ont., and says production should start in June. Total capex is $1 million.
More strong results for Premier’s Hardrock
Premier Gold Mines (TSX: PG; US-OTC: PIRGF) is almost finished a 60,000-metre infill drilling program at its Hardrock deposit in the Geraldton–Beardmore district of northern Ontario, and it’s on track to incorporate the…
Osisko continues to fend off Goldcorp’s hostile bid
Osisko Mining’s (TSX: OSK) CEO Sean Roosen maintains the company’s Canadian Malartic gold mine in Quebec is being grossly undervalued by Goldcorp (TSX:G; NYSE: GG) which launched a hostile US$5.95 per share takeover bid in…