Dundee dives into Canadian diamonds
Canadian diamonds are coming back into fashion, and analysts at Dundee Capital Markets have noticed, initiating coverage of two diamond developers in Canada and three advanced explorers.
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Ross Beaty to invest in Odin Mining
Fresh on the heels of the $470 million sale of Lumina Copper (TSXV: LCC) and its Taca Taca project in Argentina to First Quantum Metals (TSX: FM; LSE: FM) earlier this month, Lumina’s founder and largest shareholder, Ross Beaty, is making…
Open letter: Uranium, BAPE and social acceptability in Quebec
The 70 Quebec scientists and professionals from industry and academia who have signed this open letter are committed to using their know-how in an ethical, socially responsible and environmentally responsible manner. Exploration for and…
‘Peak diamonds’ on the horizon?
The fracking boom in North America may have made “peak oil” somewhat of a dated phrase, but could “peak diamonds” take its place as the catchphrase for resource investors?
Royal Nickel strikes again with True North
Less than two months after Royal Nickel (TSX: RNX; US-OTC: RNKLF) acquired a strategic 25% stake in Sudbury Platinum, which is advancing the Aer-Kidd nickel–cobalt–platinum group metals project in the Sudbury basin, the junior has…
Euromax set to build Macedonia’s first ‘modern mine’
VANCOUVER — London-based Euromax Resources (TSXV: EOX) is on the verge of making history by building the first modern-day mine in Macedonia. The company has tabled a prefeasibility study on its Ilovitza gold–copper…
Pilot hits oxide gold at Kinsley, pursues Cadillac
VANCOUVER — With just a few holes Pilot Gold (TSX: PLG; US-OTC: PLGTF) has defined another gold zone at its Kinsley Mountain gold project in Nevada, just a kilometre away from the high-grade Western Flank zone it discovered less than a…
Another Turkish porphyry for Pilot and Teck
VANCOUVER — With its first hole into a new target, Pilot Gold (TSX: PLG; US-OTC: PLGTF) has found a copper–gold porphyry at its TV Tower project in Turkey, reinforcing the district-scale potential of the large land package.
Tentative deal could end lengthy South African platinum strike
VANCOUVER — An agreement in principle looks set to end the longest strike in South Africa’s mining history, 21 weeks after more than 70,000 platinum miners walked off the job demanding a near tripling of wages.
Denison bulks up Wheeler River
Denison Mines (TSX: DML; NYSE: DML) has lifted the average grade of the Phoenix deposit by 11% and the contained pounds of uranium by 19% at its 60%-owned Wheeler River project in northern Saskatchewan.
Petra Diamonds recovers 122.52 carat blue diamond
The Cullinan diamond mine at the foothills of the Magaliesberg mountain range, 37 km northeast of Pretoria in South Africa, is one of the world’s most celebrated diamond mines.
Sierra Metals unleashes Yauricocha’s full potential
LIMA, PERU — Sierra Metals (TSX: SMT; BVL: SMT) is proving up the underground potential of its Yauricocha silver–lead–copper–zinc–gold mine in west-central Peru. The low-cost underground mine is the company’s…