Brigus turns a corner
Brigus Gold (BRD-T, BRD-X) says it is “going to keep improving” to reach a steady annual production rate of 100,000 oz. gold by year-end at its Black Fox gold mine in Timmins, Ont.
News
Taca Taca won’t be taken, analysts say
When Lumina Copper (LCC-V) announced in early May that it had increased the size of its Taca Taca copper project in northwestern Argentina, mining analyst Adam Low of Raymond James raised his six- to 12-month target price on the stock by $2.50,…
Crazy Horse moves Taysan ahead with prefeasibility study
Philippines-focused Crazy Horse Resources (CZH-V) has outlined a 15-milliontonne- per-year open-pit copper operation at its Taysan project in a prefeasibility study. The mine plan, like the November scoping study before it, splits the project…
Editorial: Stainless steel turns 100
Looking for an excuse to celebrate something in mining? Look no further than the one-hundredth anniversary of the invention of stainless steel — that wonderfully shiny, hard, corrosion-resistant alloy that’s one building block of a…
Commentary: Canada’s rise as an energy superpower
Canada is rapidly becoming recognized as one of the world’s energy superpowers. Canada is the leading foreign supplier of oil to the U.S. — delivering nearly twice as much each year as Saudi Arabia — and is the origin of 90%…
Teck lends a hand with zinc supplements for Senegal’s children
Each year, more than 4 billion cases of diarrhea cause 1.5 million deaths, including 6,000 in Senegal, and zinc deficiency is one of the leading risk factors. The effects of diarrhea can be fatal if left untreated, while germs that cause…
First resource for Cliffs’ and First Point’s Decar
A maiden resource estimate on Cliffs Natural Resources’ (CLF-N) and First Point Minerals’ (FPX-V) Decar nickel-iron alloy project in northern B.C. has delineated almost 3 billion lbs. nickel in the ground. The inferred resource on…
Gold Standard strikes again at Railroad
It looks like Gold Standard Ventures (GV-V) has done it again. The company’s shares jumped 51%, or 91¢ on April 26, following the new results from the North Bullion zone at its Railroad gold property outside of Elko, Nev. Gold…
Lifton describes copper as ‘nerves of civilization’
In a keynote address at Byron Capital Markets’ third annual conference on electric metals in Toronto on April 19, Jack Lifton warned that copper shortages should be a far greater concern than electric metals, such as rare earths, graphite…
Canada Lithium down on $30M equity financing
Canada Lithium (CLQ-T) saw its share price deflate after revealing it would raise $30 million in equity to finish building and commissioning the Quebec Lithium project near Val-d’Or by year-end. The junior filed a preliminary short-form…
Mulatos delivers for Alamos
Alamos Gold (AGI-T) is off to a good start for the year, with record earnings and cash flows for the three months ended March 31, 2012. Earnings grew by 65% to US$29.5 million, or US25¢ per share compared to the year-ago period, partially…
Rio Verde to secure $15M for key projects
Rio Verde Minerals (RVD-T) aims to add $15 million to its coffers to help fund exploration and development at its key potash and phosphate projects in northern Brazil, by selling its shares at a premium.