Letter to the editor: Junior gold stocks still the place to be
I read with interest Peter Besler’s article on making money on junior resource stocks (T.N.M., March 25-31/13); however I do not think his methodology applies at the present time.
News
Hudbay continues to build on Manitoba legacy
VANCOUVER — Canadian base metal producer Hudbay Minerals (HBM-T) laid a foundation for success on the Flin Flon greenstone belt in northern Manitoba roughly 85 years ago. During that time the company has developed 26 mines in the region…
Coalspur advances Vista with key contracts
Coalspur Mines (CPT-T, CPL-A) believes its Vista coal project situated about 2 km from a Canadian National (CN) Rail line in Alberta has the potential to become one of the largest export thermal coal mines in North America.
Lumina’s Taca Taca shows robust economics
A preliminary economic assessment of Lumina Copper’s (LCC-V) enormous Taca Taca project, among the world’s top-tier undeveloped copper deposits, demonstrates a US$2.1-billion after-tax net present value and a 17.2% after-tax…
Sandspring bolsters Toroparu economics
VANCOUVER — Sandspring Resources’ (SSP-V) Toroparu gold project in Guyana is sporting strengthened economics after a prefeasibility study lowered anticipated capital costs and increased gold recoveries, compared to the previous…
Rainy River hits feasibility milestone
Rainy River Resources’ (RR-T) president and CEO Raymond Threlkeld is touting the company’s Rainy River gold deposit in northwestern Ontario as “low risk and very high return.”
More trouble at Pascua-Lama
Investors are getting tired of complications at Barrick Gold’s (ABX-T, ABX-N) Pascua-Lama gold project, which is perched high up in the Andes, but not so removed from the earthly troubles of cost overruns and environmental challenges.
Northern Vertex plans for pilot production at Moss
VANCOUVER — Northern Vertex Mining (NEE-V) wants to get into production as soon as possible, and the junior has taken a big step in this direction with a preliminary economic assessment (PEA) of its Moss project in Arizona that lays…
Senegal gov’t hikes Teranga’s royalty rate
Teranga Gold (TGZ-T), which has been producing gold from its Sabodala open-pit gold mine in the Senegal since March 2009, has agreed to amend its stability agreement with the government to increase the royalty rate on production to 5% from 3%,…
Tahoe eyes the finish line at Escobal
Tahoe Resources’ (THO-T, TAHO-N) investors have something to cheer about, as the company received the final mining licence for its high-grade Escobal silver deposit in southeast Guatemala — clearing a key hurdle in getting its…
Nevada Copper tops up coffers with Red Kite loan
VANCOUVER — Things are rolling along for Vancouver-based Nevada Copper (NCU-T) at its development-stage Pumpkin Hollow iron oxide-copper-gold project, 13 km southeast of the picturesque town of Yerington, Nev.
Kivalliq has big plans for 2013
When it comes to junior uranium exploration and development companies, Kivalliq Energy (KIV-V) is the top pick of mining analysts at brokerage house Raymond James.