Jackie Przybylowski, an analyst at Desjardins Capital Markets, has axed her price target on New Millennium Iron to 40¢ from 70¢ previously, noting the company’s management hinted at possible financing needs and delays in its…
Two years ago, drilling at the Gahcho Kué project owned by De Beers Canada and Mountain Province Diamonds (TSX: MPV; NYSE-MKT: MDM) confirmed that the Tuzo Deep diamond-bearing kimberlite deposit was open at a depth below 564 metres….
After another disappointing fiscal year, Labrador Iron Mines (TSX: LIM; US-OTC: LBRMF) says it will not restart mining at its operations in the Labrador Trough this coming year partly due to weak iron-ore prices, and will instead refocus…
Antofagasta (LSE: ANTO) has decided not to increase its ownership in the Twin Metals joint-venture project with Duluth Metals (TSX: DM; US-OTC: DULMF), just weeks before the scheduled completion of a prefeasibility study on the large…
Lake Shore Gold (TSX: LSG; NYSE-MKT: LSG) is moving in the right direction. The Toronto-based gold miner posted record quarterly and six-month production in the second quarter and first half of 2014, and expects to reach the top end of its…
Focus Ventures’ (TSXV: FCV) Bayovar 12 phosphate project in northern Peru is shaping up quickly: the junior expects to release a maiden resource estimate in the third quarter, less than six months after announcing its first drill results…
Privately held hedge fund Sun Valley Gold has added to its shareholding in Belo Sun Mining (TSX: BSX) with the purchase of 7 million shares at 19¢, bringing its total stake to 12.4% in the Brazil-focused gold explorer.
Shares in little known junior explorer Aura Silver Resources (TSXV: AUU; US-OTC: AUSVF) have been on the rise since Agnico Eagle Mines (TSX:AEM; NYSE:AEM) agreed to option into its 100%-owned Greyhound gold-silver project in Nunavut.
Golden Minerals (TSX: AUM; NYSE-MKT: AUMN) is reopening its Velardena silver–gold mine in Mexico’s Durango state in July as a leaner and lower-cost operation.
VANCOUVER — Golden drill results from a satellite zone that could provide higher-grade feed for the Edikan gold mine in Ghana have given owner Perseus Mining (TSX: PRU; ASX: PRU; US-OTC: PMNXF) a nice share-price boost.
An amended royalty agreement with Franco-Nevada (TSX: FNV; NYSE: FNV) has given Coeur Mining (NYSE: CDE) the breathing room it needs to consider completing the Guadalupe underground mine at its Palmarejo silver–gold complex in…
VANCOUVER — Adding an underground operation and a pulp agglomeration circuit to the open-pit Dolores silver–gold mine in Mexico would improve recoveries, boost throughout, increase free cash flow and cost only US$105 million to…
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