Uranium One posts profits of $14M
Uranium One’s (uuu-t) first-quarter profits rose 33% to US$14 million over the same period last year, which saw a net loss of US$1.4 million, but was still below market expectations.
News
Profits surge at Dundee Precious Metals (May 11, 2011)
With increased production and higher prices, Dundee Precious Metals (DPM-T) managed to facilitate a massive turnaround from where results were this time last year. DPM reported first quarter net earnings of US$14 million or 11¢ per share….
Agnico-Eagle digs deeper in Quebec (May 10, 2011)
Agnico-Eagle Mines’ (AEM-T, AEM-N) Goldex, Lapa, and LaRonde gold mines in Quebec are getting a slice of the company’s largest-ever US$145-million global exploration program this year.
Pilot Gold lifts off on latest results
A small market cap can be a wonderful thing as evidenced by the market action of two different companies on Tuesday.
Trade Winds completes winter-spring drill program
Drilling at Trade Winds Ventures’ (TWD-V) Block A project in northeastern Ontario, a 50-50 joint-venture with Detour Gold (DGC-T), has returned strong intercepts.
Ghana’s newest gold producer
After 11 months of construction, the Nzema gold project has moved into commercial production and Adamus Resources (ADU-V, ADU-A) is confident the new open-pit mine in southwestern Ghana will be able to turn out 100,000 ounces of gold in its…
BHP approves Misery project at Ekati
BHP Billiton (BHP-N, BLT-L) gave a thumbs-up to its Misery open-pit project at the Ekati diamond mine near Yellowknife, N.W.T., on May 9.
Friendly Manitoba remains HudBay’s happy home (May 09, 2011)
With three operating underground mines, another under construction and more than 4,000 sq. km of prospective land to explore all in northern Manitoba, HudBay Minerals (HBM-T, HBM-N) has no plans to leave the province anytime soon, even with two…
Colossus’ best-ever intercept
Colossus Minerals (CSI-T) has cut a monster intercept from its 75%-owned Serra Pelada polymetallic project in Brazil’s Para state.
Newmont donates US$250,000 to University of Nevada
Newmont Mining (NEM-N) is supporting the Mackay School of Earth Sciences and Engineering at the University of Nevada, Reno, with a gift of US$250,000 to support students, faculty, research and educational outreach.
People (May 09, 2011)
Augustine Ventures – John Tokarsky resigned as a director; George Michael Newman and Rick Bonner appointed directors.
Western Potash expands resource
Western Potash (wpx-v) has boosted measured resources by 55%, indicated resources by 34% and inferred resources by 25% at its Milestone potash project in Saskatchewan, about 50 km south of Mosaic’s (mos-n) Belle Plaine mine, one of the world’s…