Champion Iron optimistic at Bloom Lake
Champion Iron (TSX: CIA; ASX: CIA) is lowering projected costs at the recently acquired Bloom Lake iron ore mine in the Labrador Trough, as part of a plan to restart…
News
Nordgold raises its offer for Northquest
VANCOUVER — After increasing its stake in Northquest (TSXV: NQ) to 52.3% late last year, Russian gold miner Nordgold is making a move to acquire the rest of the junior and…
TSX returns to a bull market, May 30–June 3
The S&P/TSX Composite Index rose nearly 0.9% to close at 14,226.78, up 20% from its Jan. 20 low, and marking a return to a bull market. The S&P/TSX Global Mining…
U.S. equities hold steady, May 30-June 3
Economic data was mixed with reports that U.S. consumer spending in April posted its sharpest increase in more than six years, while jobs data showed that non-farm payrolls in May…
The Northern Miner podcast – episode 15: On promising exploration plays and Indonesian chocolate
Matt and Lesley discuss some recent “hot” exploration plays, including: NexGen Energy (TSXV: NXE; US-OTC: NXGEF) attracting investment from a Hong Kong billionaire with its Arrow discovery, and Orex Minerals‘…
Scandium International hits feasibility study milestone
With a management team loaded with former executives from BHP Billiton (NYSE: BHP) and a definitive feasibility study under its belt for a specialty metal project with a 20-year mine…
NexGen scores US$60M from Hong Kong billionaire
VANCOUVER — Explorer NexGen Energy (TSXV: NXE; US-OTC: NXGEF) made headlines earlier this year with an eye-opening maiden resource at its high-grade Arrow uranium deposit in Saskatchewan’s Athabasca basin, and…
Aston Bay, BHP agree to take on Storm together
After a year of talks and hundreds of hours of due diligence, BHP Billiton (NYSE: BHP) has signed an option agreement to earn a 75% stake in Aston Bay Holdings’…
Pure Energy’s Robinson surveys the world’s lithium deposits
VANCOUVER —While the burgeoning lithium market has sent companies scrambling to secure and advance lithium projects across the globe, anyone new to the scene may be left wondering what the…
CNSC greenlights McClean Lake mill expansion
The Canadian Nuclear Safety Commission (CNSC) has approved the expansion of the McClean Lake mill — operated by Areva Resources in northern Saskatchewan — allowing Cameco (TSX: CCO; NYSE: CCJ)…
Randgold’s Bristow hits the road on motorbike journey across Africa
In what is believed to be the first attempt by motorbike, Mark Bristow embarked at dawn on June 1 on a 7,500 km journey that would take him from the…
Pure Energy fosters ingenuity for lithium brine technology
VANCOUVER — Pure Energy Minerals (TSXV: PE) is testing a processing technology that could be a game changer for its Clayton Valley South lithium brine project, located beside Albemarle’s (NYSE: ALB)…