Cameco puts Cigar Lake on ice
VANCOUVER — Cameco (TSX: CCO; NYSE: CCJ) has suspended mining at its Cigar Lake uranium mine in Saskatchewan so that the high-grade orebody can freeze — a necessary step in mining the waterlogged deposit.
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Panoro could get snapped up, Laurentian says
Panoro Minerals (TSXV: PML; US-OTC: POROF) has completed a $5.8-million equity financing of 13.8 million shares at 42¢ underwritten by Laurentian Bank Securities and National Bank Financial. The money will help further exploration work at…
Ur-Energy confirms historic resource at Shirley Basin
Littleton, Colo.-based Ur-Energy (TSX: URE; NYSE-MKT: URG) has published a maiden resource estimate for its Shirley Basin uranium project in Wyoming’s Carbon County, indicating the deposit has 8.8 million lb. grading 0.23% eU3O8 in…
Campbell pilots Rockwell to new riches on Orange River
When James Campbell completed his honours degree in mining and exploration geology in 1985 from the Royal School of Mines at Imperial College London, he had three job offers waiting for him: working on an oil rig in the North Sea, at a gold…
Victory enters frac sand fray with Seven Persons plant
MEDICINE HAT, ALTA — When it comes to open-pit mining, having more than 100 million tonnes of overburden sitting on top of your deposit is typically a situation best avoided, but for junior Victory Nickel (TSX: NI; US-OTC: VNCKF)…
Frac sand 101: The grains explained
VANCOUVER — Horizontal drilling and fracturing technology have unlocked vast reservoirs of oil and gas from shale basins across North America. The continent hosts 67 billion barrels of technically recoverable shale oil and 1,238 trillion…
Nova Scotia fracking study urges caution
Nova Scotia’s deputy chief medical officer Frank Atherton is recommending that the provincial government take a cautious approach to hydraulic fracturing, or fracking, and argues in a new discussion paper that the relevant authorities…
The skies open for Rainmaker
In the last six months, Rainmaker Resources (TSXV: RMG) has acquired frac sand assets in both Canada and the U.S. that are close to key infrastructure and existing frac sand operations.
Cerro Grande cuts costs at Pimenton
At the end of January, the Toronto Stock Exchange launched a delisting review of Cerro Grande Mining (TSX: CEG; US-OTC: CEGMF) to determine whether the junior could keep a $2-million market value for 30 straight trading days.
Dundee initiates coverage of Athabasca Minerals
Production at Athabasca Minerals’ (TSXV: ABM; US-OTC: ABCAF) Firebag silica sand project in northern Alberta could ramp up in late 2016 and early 2017 — perfect timing to capitalize on growing frac sand demand in North…
Cayden three for three at El Barqueo
Cayden Resources (TSXV: CYD; US-OTC: CDKNF) keeps hitting gold at its El Barqueno project in Jalisco state, Mexico, coming up with its third discovery at the project in July.
Cerro Quema shines for Pershimco in Panama
A newly tabled prefeasibility study of Pershimco Resources’ (TSXV: PRO; US-OTC: RSPRF) Cerro Quema gold project in southern Panama outlines a low-cost, open-pit operation generating 78,500 oz. gold a year over five years, with production…