Western Potash gets $15M for Milestone [Update]
Western Potash (WPX-T) aims to enhance its liquidity by raising $15 million in a non-brokered private placement. And it’s a move that was not well-received by investors.
Industrial/Specialty Minerals
Nemaska Lithium is planning one big mine…
Nemaska Lithium (NMX-V, NMKEF-O) has made a splash twice in the first week of October with the release of a preliminary economic assessment for its Whabouchi lithium deposit in the James Bay region of northern Quebec and news of an off-take and…
Thompson plans to save $100M in costs by 2014
Thompson Creek Metals (TCM-T, TC-N) has hatched a new plan for its namesake molybdenum mine in Idaho to reduce costs, giving it more financial wiggle room to continue developing its Mt. Milligan copper-gold mine in central British Columbia.
Lynas takes step closer to REE production
Lynas Corporation (LYC-A) has been developing its large rare earth project in Western Australia for more than 10 years, and a decision earlier this month by Malaysia’s Atomic Energy Licensing Board (AELB) has brought the project a step…
The case for phosphate, Quebec and Arianne
When Michael Goldberg of Stonecap Securities looks at Arianne Resources (DAN-V) and its phosphate project in northern Quebec, he sees one thing: a takeover target.
Lundin bets on exploration at Neves-Corvo
On Sept. 4 Toronto-based producer Lundin Mining (LUN-T) released results from an expansive, 90,000-metre resource drill program at its wholly owned Neves-Corvo polymetallic mine — including copper, zinc, lead, silver and gold — 100…
Lynas Corp. inches ahead
Lynas Corporation (LYC-A) has been developing its massive rare earths project in Western Australia for more than ten years and a decision earlier this month by Malaysia’s Atomic Energy Licensing Board brought the project one step closer…
Better days ahead for Thompson Creek?
Thompson Creek Metals (TCM-T, TC-N), like many mining companies, has had a tough ride over the last year. Slowing metal demand from China and falling prices have teamed up to tackle the company’s share price. In January 2011 the…
Positive economics for Midas’ Golden Meadows
Midas Gold (MAX-T) has outlined a positive preliminary economic assessment (PEA) for its Golden Meadows project in Idaho, 153 km northeast of Boise, the state capital.
The investment case for phosphate, Quebec, and Arianne
When Michael Goldberg of Stonecap Securities looks at Arianne Resources (DAN-V) and its phosphate project in northern Quebec he sees one thing: a takeover target.
Rockwood wants Talison
Rockwood Holdings (ROC-N) is bidding $6.50 per share — a 53% premium — for Talison Lithium (TLH-T) in a deal valuing the company at $724 million on a fully diluted basis.
Colt lights up its ambitions in Portugal
Colt Resources (GTP-V, COLTF-O) has lofty plans to bring the next gold and tungsten mines to Portugal, a country perhaps best known for its fortified wines. The junior’s motto is “A gold company created by investors for…