The beleaguered uranium subsector got a bit of an indirect boost in late August. The world’s biggest miner, BHP Billiton, declared as part of its year-end results that the 800-pound radioactive gorilla in the room — a planned…
What a deception to read in your editorial, “Ooh la la: Is Plan Nord becoming Plan Non?” (T.N.M. Aug. 20–26/12) that you qualify the support to chrysotile asbestos mining in the Eastern Townships by the Quebec and federal…
Rising costs and inconsistent downstream demand have taken a toll on potash and fertilizer producers during the first half of 2012, with volatile global markets now impacting the strategies of several mega miners in Saskatchewan’s…
Drill results from Sabina Gold & Silver’s (SBB-T, SGSVF-O) Back River project in southwestern Nunavut — 520 km northeast of Yellowknife, and 50 km southeast of Xstrata Zinc’s Hackett River silver-zinc project —…
Rather than fuss with fickle equity and debt markets, Selwyn Resources (SWN-V) wants to raise some of the cash it needs from its own assets.
Sandstorm Gold (SSL-V) is looking to raise $150 million so it can add to its precious-metal streams. The sum is comprised of $130 million from a bought-deal financing at $10 per unit, plus up to $20 million from underwriters who can buy…
First Majestic Silver (FR-T) is busy building its Del Toro silver project, which is set to become its fifth producing silver mine in Mexico, with initial production expected by year-end.
Three months after finalizing a US$27-million deal with Cluff Gold (CFG-T) for its Sega gold project in Burkina Faso, Ottawa-based explorer Orezone Gold (ORE-T) looks to have another West African success story on its hands, with a world-class…
Shares of Molycorp (MCP-N) plunged 7.5% to US$11.16 per share — a 52-week low — on the day the U.S.-based rare earth company said it would raise US$450 million in convertible senior notes and common equity.
In late February the Fraser Institute published a survey that labelled New Brunswick the world’s most attractive jurisdiction for mineral exploration, and that sounds about right to Puma Exploration (PUM-V). The Rimouski, Que., based…
Less than two weeks after Timmins, Ont.-focused Liberty Mines (LBE-T) temporarily halted production because of declining nickel prices and posted a positive preliminary economic assessment (PEA) for its Hart nickel deposit.
VANCOUVER — It has been a promising six months for Vancouver-based explorer Integra Gold (ICG-V), as the company completes a 30,000-metre diamond drill program at its wholly-owned Lamaque gold project — located in the Val-d’Or…
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