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.
Industrial/Specialty Minerals
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…
General Moly whacked by cost overruns at Mt. Hope
It may not be the best time to be in the molybdenum business, as aspiring U.S.-based producer General Moly (GMO-T, GMO-X) finds itself coping with rising costs at its flagship Mt. Hope development in central Nevada, in the face of weakening…
Molycorp falls on financing news
Shares of Molycorp (MCP-N) plunged 7.5% to close at US$11.16 per share — a 52-week low — after the U.S.-based rare earths company said it would be raising US$450 million in convertible senior notes and common equity.
General Moly addresses cost overruns at Mt. Hope
VANCOUVER — It is not the best time to be in the molybdenum business, as U.S.-based developer General Moly (GMO-T, GMO-X) finds itself coping with rising costs at its flagship Mt. Hope development in central Nevada, along with…
Molycorp sinks on Q2 loss
Second-quarter earnings season hasn’t been a picnic for most companies but Molycorp’s (MCP-N) US$67.6 million loss or US$0.71 per share in the quarter compared to a profit of US$47.8 million or US$0.53 per share in the second…