Since resuming mining a year ago from the West pit at its Shakespeare nickel-copper-platinum group metals (PGM) mine in Ontario, which was closed in 2008 due to weak metal prices, Ursa Major Minerals (UMJ-T) has regained its momentum.
When you ask Richard Briggs what he’s telling his clients about investing in base metals these days, he answers: “We’re advising caution – lots of caution.”
Western Copper (WRN-T, WRN-X) has released an updated prefeasibility study for its sizable but remote Casino gold-copper-molybdenum project in the Yukon, three years and a commodity-price rollercoaster ride after the first.
Of the 10 copper projects acquired by Ross Beaty’s Lumina Copper (LCC-V) in 2003 near the end of a five-year downturn for the resource sector and a dramatic fall in metal prices, it has kept just one, Taca Taca, in Argentina. The rest it sold -…
HudBay Minerals (HBM-T, HBM-N) and VMS Ventures (VMS-V) have a high-grade copper project on their hands right in the safe confines of Manitoba.
Junior explorer Prodigy Gold (PDG-V) got a warm reception on the market after releasing a positive preliminary economic assessment (PEA) for its Magino gold project in northern Ontario.
Mercator Minerals (ML-T) has agreed to buy Creston Moly (CMS-V) in a friendly merger with significant potential for synergies that values Creston at $195 million.
After years of struggling through a bureaucratic, political and legal quagmire, Cyprus-based EMED Mining (EMD-T, EMED-L) finally looks to have production at its Rio Tinto copper project in Spain within sight.
In the early 1990s Andy DeFrancesco was working as an equity trader at C.M. Oliver – Canada’s oldest brokerage house until it was bought out later that decade by Canaccord Capital.
African Aura Mining – Steven Poulton resigned as a director.
Tuesday, Apr. 19, 2011
Some big resource investment houses have signaled their faith in Reunion Gold’s (RGD-V) Matthews Ridge manganese project in Guyana, and market participants took their cue.
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