Alderon Iron Ore (TSX: ADV; NYSE-MKT: AXX) has secured a second offtake agreement for iron ore from its 75%-owned Kami project in the Labrador Trough, bringing it one step closer to a financing agreement for the US$1.3-billion project.
VANCOUVER — Molybdenum oxide prices have been on the rise over the past six months — jumping 40% to sit at US$13.40 per lb. at press time — and that’s good news for U.S.-based General Moly (TSX: GMO; NYSE-MKT:…
VANCOUVER — Gold producer Troy Resources (TSX: TRY; US-OTC: TRYRF) acquired the Karouni gold project located 180 km southwest of Georgetown, Guyana, US$200 million just over a year ago, and now anticipates having a mine in operation…
Shares of Imperial Metals (TSX: III; US-OTC: IPMLF) dropped 40% after a dam for the tailings pond at its Mount Polley gold–copper mine in B.C.’s Cariboo region failed, spilling millions of cubic metres of waste water and suspended…
Not much has happened at Labrador Iron Mines (TSX: LIM; US-OTC: LBRMF) since the company announced in June that it would suspend operations at its direct-shipping iron ore Schefferville projects in the Labrador Trough region, partly due to…
With positive results rolling in from the mid-year exploration program at its Kennady North project in the Northwest Territories, Kennady Diamonds (TSXV: KDI; US-OTC: KDIAF) is rethinking its expectations for the project.
After loading up on shares of AQM Copper (TSXV: AQM; US-OTC: APQUF) in July, Teck Resources (TSX: TCK.B; NYSE: TCK) now owns just over 30% of the junior — its partner at the Zafranal copper–gold project in Peru.
Asanko Gold’s directors (TSX: AKG; NYSE: AKG) have given management the green light to build the first phase of the Asanko gold mine in Ghana for US$295 million, and the company expects to break ground within a month.
VANCOUVER — It’s been almost six years since U.S. producer Coeur Mining (TSX: CDM; NSYE: CDE) last released a mine plan for its wholly owned Palmarejo gold–silver operation, 420 km southwest of Chihuahua, Mexico, and a…
VANCOUVER — With $51 million in new debt funding on hand, Trevali Mining (TSX: TV; US-OTC: TREVF) is finding that it’s a good time to rehabilitate an underground zinc mine in New Brunswick.
VANCOUVER — Base metals explorer Wolfden Resources (TSXV: WLF) may hold a sizable land package in the historically productive Bathurst mining camp, but according to CEO George Topping the company is all about new discoveries.
VANCOUVER — It’s been a busy couple of years for explorer Wellgreen Platinum (TSXV: WG; US-OTC: WGPLF) as it develops its wholly owned Wellgreen platinum group metals (PGM) deposit in Yukon’s southwest corner. The company has…
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