VANCOUVER — Molybdenum gets little glory in the metals world. On the production side more than half of it is produced as a by-product of more prominent metals like copper, while on the consumption side it is mostly used as a secondary…
Orsu Metals (OSU-T, OSU-L) has taken another step towards getting its Karchiga copper production into production.
Bannerman Resources (BAN-T, BMN-A) has received an environmental nod from the Namibian Ministry of Environment and Tourism to develop its Etango uranium project, located on the Namib Desert sands, near the costal town of Swakopmund.
Despite two months of unplanned shutdowns to upgrade the plant and complete remediation work due to land movement at its Kayelekera open-pit uranium mine in Malawi, Paladin Energy (PDN-T) still managed to increase production there by 14% in the…
VANCOUVER — After enjoying a brief early-week rally during the July 9 to 13 trading period, the S&P TSX Venture Composite Index pared gains, closing down 2% or 24.4 points at 1,184.25. Uncertainty surrounding the Eurozone crisis and…
An investment firm managed by Egyptian multi-billionaire Naguib Sawiris called Weather II has launched a $500 million takeover bid for La Mancha Resources (LMA-T) at $3.50 per share in cash—a 56% premium to the junior’s closing…
The clock is ticking for Baja Mining (BAJ-T) as it approaches its August deadline to raise additional funds for the Boleo copper-cobalt-zinc project in Mexico to cover the project’s cost overruns so it continue accessing its loans.
The TSX Composite Index rallied at the end of the July 9-13 period but still finished lower than where it began, shedding 145 points to finish at 11,514.53 points. After a six-day losing streak the Index managed a rebound on July 13 thanks to…
The S&P 500 and Dow Jones Industrial Average erased losses for the week in the last hour of trading as better than expected economic data from China lifted investor sentiment. The country clocked year-on-year growth of 7.6% during the…
Working in a coal mine in the U.S. these days involves not only staying focused on getting your job done, but also wondering whether the company you work for can pay its bills and remain a viable concern.The industry was booming as recently as…
The Guatemalan government could soon take a 40% stake in mining companies in the country if a proposed constitutional amendment goes through.President Otto Perez Molina announced the proposed change, along with dozens of others, in one of the…
Pan American Silver (PAA-T, PAAS-Q) is warning shareholders that if draft mining legislation proposed by the governor of Argentina’s southern Chubut province becomes law, its Navidad silver project in the province will become…
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