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Facilities at Molycorp's Mountain Pass rare earth element mine in southeastern California. Photo by Trish Saywell

Molycorp delivers on magnet-making deal

In August Molycorp’s (MCP-N) proposed partnership with Hitachi Metals to create a joint venture that would manufacture neodymium-iron-boron (NdFeB) alloy and permanent rare earth magnets fell through when the two companies failed to reach an…


People

Alacer Gold – Geoffrey Williams appointed executive VP, general counsel and secretary.


Positive results for Probe Mines

Results of an initial scoping study on metallurgy at the Borden Lake gold project near Chapleau, Ont., are encouraging for Probe Mines (PRB-V).


Continental drills, hits deeper

Deep drilling at Continental Gold’s (CNL-T) wholly-owned Buritica gold project in Colombia’s Antioquia department shows that high-grade mineralization runs deeper than previously thought.


Teck options into Strait’s Alicia

Vancouver – Teck Resources (TCK.B-T, TCK-N) has given Peruvian-focused junior Strait Gold (SRD-V) a boost by optioning into its Alicia copper project.



Extorre’s Zoe zone yields high-grade

Infill drilling at Extorre Gold Mines’ (XG-T) Cerro Moro project in Argentina’s Santa Cruz province captured the attention of investors this week with high-grade intercepts including 11.15 metres of 36.3 grams gold per tonne and 4,412 grams…



Geologist and project manager Guillermo Almandoz (left) and investor Ross Beaty at Lumina Copper's Taca Taca project in Argentina's Salta province. Photo by Trish Saywell

Taca Taca gets bigger and better

After a brief stop around midnight to refuel in Panama, Ross Beaty pulls out a sleeping bag from his carry-on and spreads it in the aisle of the luxurious Gulfstream III jet he has chartered to fly a group of mining analysts to Lumina Copper’s…


Intrepid continues to expand Tumpangpitu

Vancouver – For the third time in a little over a year Australia-based Intrepid Mines (IAU-T, IAU-A) has added hundreds of millions of inferred tonnes at the Tujuh Bukit gold-copper project in Indonesia.



NovaGold completes feasibility on Donlin

An updated feasibility study on the Donlin gold project in southwestern Alaska puts capital costs at US$6.7 billion–down from US$7.0 billion–and includes US$834 million for the construction of a 500 km natural gas pipeline and US$984…


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