Laramide sees $741M value for uranium mine
An updated study for Laramide Resources’ (TSX, ASX: LAM; US-OTC: LMRXF) proposed Westmoreland uranium mine in Australia values the project at about $741 million (C$1.04 billion) – almost twice the…
Stock Markets/Investing
Rule Symposium Video: Cariboo deep hits point to larger mine, says Roosen
Osisko Gold Group (TSXV, NYSE: ODV) has traced gold mineralization below 700 metres at its Cariboo project in British Columbia, more than twice the deposit’s average depth. The company has…
Panama mulls state miner to revive Cobre Panama
Panama is considering creating a government mining company to partner with First Quantum Minerals (TSX: FM) in a move that could reopen the shuttered Cobre Panama copper mine, Reuters reported…
AbraSilver raises $45M for Diablillos in Argentina
AbraSilver Resource (TSX: ABRA; US-OTC: ABBRF) is raising $45 million (US$32 million) through a bought-deal share offering to fund early works at its Diablillos silver-gold project in Argentina as it…
Rule Symposium Video: Hodge sounds alarm on junior ‘lifestyle’ stocks
Investors should seek companies whose managers own meaningful stakes and have committed backers able to fund more than one drill program, Digest Publishing co-founder and mining guru Nick Hodge said….
Novagold creates $4.2B US gold giant with Donlin deal
Novagold Resources (NYSE-A, TSX: NG) will acquire the Donlin Gold stake in Alaska it does not already own from Paulson Advisors in an all-stock transaction that creates a gold miner…
Coeur doubles Mexico exploration budget to $158M
Coeur Mining (TSX, NYSE: CDE) plans to spend twice as much this year drilling in Mexico after reporting high-grade assays from its Palmarejo operation in Chihuahua state. The stock rose….
Gold, silver prices rebound as US-Iran war spreads
Gold and silver jumped on Wednesday as a sharp escalation in the United States war on Iran sent oil surging and investors scrambling back into havens, with buyers willing to…
Rule Symposium Video: First Majestic turns silver surge into mine growth
First Majestic Silver (TSX: AG; NYSE: AG) is reinvesting record cash flow from higher silver prices in its Mexican mines, led by Los Gatos. The Vancouver-based miner generated $224 million…
Rule Symposium Video: Dundee bets Shovelnose can narrow share discount
Mining investment firm Dundee (TSX: DC.A) is taking a larger-than-usual role in a project through an $85-million (US$60 million) earn-in on Westhaven Gold’s (TSXV: WHN; US-OTC: WTHVF) Shovelnose in British…
Ali producer Lee Caplin joins NovaRed after Noem
NovaRed Mining (CSE: NRED; US-OTC: NREDF) has appointed to its advisory board Lee Evan Caplin, the executive producer of the Oscar-nominated movie Ali and an entrepreneur behind Rolling Stone owner…
Copper price nearing US record as premium doubles, Shanghai stockpiles drop 82%
Copper surged to its highest in more than a month on Tuesday as evidence of a tightening physical market in China piled up and traders rebuilt bets that Washington will…