Ceasefire brings hope to Great Quest in Mali
For over a year, Great Quest Metals’ (GQ-V) Tilemsi phosphate project in Mali has been in limbo, waiting for peace to return to the remote northern corner of the troubled West African nation.
Industrial/Specialty Minerals
Western gets $32M for Milestone from Chinese firms
Western Potash (WPX-T) has lined up $32 million to develop its Milestone potash deposit in Saskatchewan, giving it some breathing room to secure more funds to advance its $3.3-billion project.
Pacific Potash keeps climbing
VANCOUVER — Brazil is the fastest growing potash market in the world, and Vancouver-based Pacific Potash (PP-V) is hoping it can help the country sate some of its potash hunger domestically.
Editorial: Dousing the Ring of Fire
One of the surprises of the year that in some ways isn’t such a big shocker is Cliffs Natural Resources’ announcement this past week that it is suspending work at its $3.3-billion Black Thor chromite project in northern…
Karnalyte snags $300 million
The last six months have been very kind to Karnalyte Resources (KRN-T) and its massive Wynyard carnallite potash project in Saskatchewan.
Mediterranean’s Ecclestone sees money in antimony
Mediterranean Resources (MNR-T) is best known for advancing gold deposits in northeastern Turkey, but the junior also has its eye on the antimony market. This week it picked up two past-producing deposits of the metal in Spain and has plans to…
Focus Ventures adds phosphate project
Peru may be best known for its rich endowment of gold and silver deposits, but the South American nation could also become a player in producing phosphates, Focus Ventures (FCV-V) believes.
Arianne to focus on high-grade phosphate
It’s been a busy month for Arianne Phosphate (DAN-V, DRRSF-O). In mid-May the Quebec-based junior officially changed its name from Arianne Resources, and announced it had sold off its non-phosphate assets to focus on its flagship open-pit…
K+S teams up with NGO to help Ugandan farmers
Germany-based fertilizer giant K+S AG (SDF-F) has signed a co-operation agreement with Sasakawa Africa Association in an effort to help farmers in Uganda.
Athabasca finds aggregate demand remains strong
VANCOUVER — Despite recent uncertainty surrounding production in Canada’s oil sands — due to issues like volatile crude prices and ongoing pipeline debates — growth remains the word for supply-oriented companies in the…
Husky ready to make the Sunrise
There are an estimated 170 billion barrels of oil in Alberta’s oilsands, but getting them all out is proving to be a costly venture. As with the metal mining industry, mining for oil has been subjected to steep cost inflation over the…
Thompson Creek sees its future in copper and gold
Thompson Creek Metals (TCM-T, TC-N) is a go-to name in the molybdenum space, largely thanks to its namesake mine, which is the fourth-largest moly mine in the world.