Cameco picks up BHP’s Yeelirrie in WA
It appears that Cameco(CCO-T, CCJ-N), Canada’s major uranium power, is viewing a downswing in uranium markets as an opportunity to diversify its project portfolio, and acquire another foothold in Australia.
News
Lonmin’s wage deal fuels more unrest in South Africa
While Lonmin (LMI-L) has ended a bloody labour dispute at its Marikana platinum mine near Rustenburg in South Africa that left 46 dead, other miners in the country are demanding higher wages.
Exco Resources fights hostile takeover
Just two weeks after the board of Australian junior Exco Resources (ESX-A) rejected a hostile, all-cash takeover offer from one of its institutional shareholders, the explorer released an updated resource estimate for its Turpentine copper-gold…
Hennigh’s grand gold vision in Western Australia
When it comes to early stage exploration, it is not unusual to hear about big ideas and regional plays. But when Quinton Hennigh focused on a theory for the better part of a decade with prolific Australian prospector Mark Creasy, the wheels got…
Vista keeps growing Mt. Todd
Vista Gold (VGZ-T, VGZ-X) has bulked up its resource estimate for the Batman deposit at its Mount Todd gold project in Australia’s Northern Territory.
Lynas takes step closer to REE production
Lynas Corporation (LYC-A) has been developing its large rare earth project in Western Australia for more than 10 years, and a decision earlier this month by Malaysia’s Atomic Energy Licensing Board (AELB) has brought the project a step…
Ivanhoe Australia upgrades resource at Osborne
In late February, Ivanhoe Australia (IVA-T, IVA-A) started production ahead of schedule and on budget at its Osborne copper-gold project in northwestern Queensland. The initial shipment of copper-gold concentrate to Asian smelters left port in…
Copper Mountain a target, CIBC says
Copper Mountain Mining (CUM-T) and its copper mine in B.C. could become a takeover target, Matthew Gibson of CIBC argues in a new research report.
Serra Pelada fully funded to production in 2013
Canaccord Genuity analyst Nicholas Campbell has raised his 12-month target price on Colossus Minerals (CSI-T, COLUF-O) by $1 to $10 per share after the junior exploration and development company signed an agreement with Sandstorm Gold (SSL-V,…
Here comes Oceanic Iron Ore
When Steven Dean stepped down in late 2002 as president of Teck Cominco, now Teck Resources (TCK.B-T, TCK-N), his motivation was pretty simple: he just wanted to spend more time with his family after spending years on the road, a fact…
Sulliden outlines a smaller project in Peru
While a feasibility study for Sulliden Gold’s (SUE-T) Shahuindo project in northern Peru envisions a somewhat smaller and slightly more expensive gold operation than previously thought, the project’s economics are still…
Trevali gets the cash to build
Trevali Mining’s (TV-T) ambition to build itself into a substantive zinc miner has taken another significant step forward.