Baja Mining updates progress at Boleo
Baja Mining (BAJ-T) has tested the first of three 2.5-megawatt power generators at its 70%-owned Boleo copper-cobalt-zinc-manganese project, and says that all three will be online before the month’s end.
News
What’s next for BC’s Ajax copper-gold project?
Abacus Mining & Exploration (AME-V) envisions an interesting prospect at its joint-ventured Ajax copper-gold project near Kamloops, B.C., with a feasibility study showing the project could support a 60,000-tonne-per-day operation generating…
Playfair’s tungsten resource grows at Grey River
Playfair Mining (PLY-V) has increased its inferred resource at Grey River, Nfld., by 16%, to 1.2 million tonnes grading 0.73% tungsten trioxide (WO3) for 18.8 million lbs. WO3, or 853,000 metric tonne units (MTUs). (MTUs are the standard weight…
Molycorp secures offtake agreements for 78% of REE production
In early January, Molycorp (MCP-N) announced that it had found a home for more than three quarters of its first phase of production, ahead of starting up a rare earth production facility at its Mountain Pass rare earths mine in California.
Ryan Gold looks to strong 2012 season after challenging 2011
Vancouver – When The Miner visited Ryan Gold’s (RYG-V) flagship Ida Oro project last August as part of a media tour, the company was scrambling to get its camp finished and make up for lost time.
Advancing a second key asset in the Far North
Advanced Explorations (AXI-V) took another step in its bid to mold itself into a significant iron ore miner in Canada’s far north.
Hecla closes Lucky Friday for one year
Mining analyst Chris Lichtenheldt of UBS Investment Research has cut his 12-month target price on Hecla Mining (HL-N) to US$8.00 per share from his earlier forecast of $9.85 per share after the silver producer announced it has closed its Lucky…
Quest surges on drill results
Shares of Quest Rare Minerals (QRM-V) closed 25% higher at $3.23 per share Jan. 12 after the junior announced that heavy rare earth oxides represented 22.4-76.5% of the total rare earth oxide content intersected in its drill program at Strange…
PMI Gold sets out financials for fast-growing Obotan project
Vancouver – Australia-based PMI Gold (PMV-V, PVM-A) has outlined a 205,000-oz.-gold-per-year operation in a prefeasibility study on its Obotan gold project in Ghana.
Alexis is on the move
This year will be busy one for Alexis Minerals (AMC-T) as it continues to fix the operating Lac Herbin gold mine in Val-d’Or, Que., and moves the Snow Lake gold mine in Manitoba closer to production.
Low cost recoveries lift U3O8 Corp.
Initial metallurgical testing at U3O8 Corp.’s (UWE-V) Berlin project in Colombia are in and the prospect of lower extraction costs had the company’s shares riding high.
Shareholder accuses Baja Mining of “culture of nepotism”
Mount Kellett Capital Management–the largest shareholder in Baja Mining (BAJ-T) with 19.9% of its shares–is criticizing the Vancouver-based junior for what it describes as a “prevailing culture of nepotism and preference at the company.” Baja…