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The mill at First Majestic Silver's La Guitarra project, which it acquired from Silvermex Resources in 2012.

PDAC: What turns a discovery into a mine?

Less than half of the discoveries made since 1950 have turned into mines so far, Richard Schodde, managing director of Melbourne-based MinEx Consulting, said at the recent Prospectors & Developers Association of Canada’s annual…


The historic Zgounder silver mine in Morocco. Credit: Maya Gold & Silver

Positive PEA for Maya’s Zgounder

VANCOUVER — A preliminary economic assessment (PEA) says Maya Gold & Silver (TSXV: MYA; US-OTC: MYAGF) should be able to restart at minimal cost the Zgounder silver mine in Morocco, which has been shuttered for 24 years.


Drills at Fission Uranium's Patterson Lake South uranium project just outside Saskatchewan's Athabasca basin. Credit: Fission Uranium

Every hole a hit as Fission joins zones at PLS

VANCOUVER — Thirty-six holes into a 90-hole winter program, the five drill rigs at Fission Uranium’s (TSXV: FCU; US-OTC: FCUUF) Patterson Lake South (PLS) project are batting 100% in their hunt for mineralization between the known…


A drill site at Reservoir Minerals' flagship Timok copper-gold property in eastern Serbia, which has seen more than 45,000 metres of drilling. Credit: Reservoir Minerals

Reservoir Minerals raising $33 million in double financing

VANCOUVER — Investment dollars may be hard to rustle up these days, but Reservoir Minerals (TSXV: RMC; US-OTC: RVRLF) has a recipe for a raise: release an initial resource estimate for a flagship project containing 3.8 billion lb. copper…


A drill rig Corvus Gold's North Bullfrog gold project in southern Nevada. Credit: Corvus Gold

Progress at North Bullfrog keeps Corvus shares climbing

VANCOUVER — It has been a good year so far for Corvus Gold (TSX: KOR). The company started out 2014 with almost $12 million in the bank, and has since released a raft of good drill results from its flagship North Bullfrog gold project in…


A raw water pond at MBAC Fertilizer's  Itafos Arraias project in Brazil. Credit: MBAC Fertilizer

MBAC thriving in Brazil’s fertilizer sector

After a three-year decline, phosphate fertilizer prices are rising again. Prices for diammonium phosphate, the most commonly used fertilizer, have increased by 20% since bottoming last November, while prices for triple super phosphate have…




Coalspur Mines' Vista coal project near Hinton, Alberta. Credit: Coalspur Mines

Regulator approves Coalspur’s Vista

VANCOUVER — It looks like financing will be the last hurdle for Coalspur Mines (TSX: CPT, US-OTC: CSPZF) at its Vista thermal coal project, 10 km east of the town of Hinton, Alta. On Feb. 27 the Alberta Energy Regulator (AER) approved…


Sabina Gold & Silver's exploration camp on the Goose property, part of the company's Back River gold project in southwestern Nunavut. Credit: Sabina Gold & Silver

Sabina boosts Back River resource

VANCOUVER — With an 83,000-metre drill program completed last year, Sabina Gold & Silver (TSX: SBB) has grown and upgraded the resource at its Back River gold project in Nunavut a few months before a feasibility study gets underway.


Paladin Energy has suspended production at its Kayelekera uranium mine in Malawi (above). It had been operating at a loss due to low uranium prices. Credit: Paladin Energy

Paladin suspends production at Kayelekera

VANCOUVER — In the most significant curtailment of today’s uranium cycle, Paladin Energy (TSX: PDN) is suspending production its Kayelekera mine in Malawi until the uranium price recovers.


Workers unloading rods at a drill site at Colombian Mines and Teck Resources' Yarumalito gold-copper porphyry project in Colombia. Credit: Colombian Mines

Colombian Mines buoyed by assets

VANCOUVER — Colombian Mines (TSXV: CMJ; US-OTC: CMBPF) has remained active on the exploration front through a hybrid strategy of project generation and organic discovery.


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