VANCOUVER — It’s been two and a half years since Mark Bennett, managing director and CEO of Australian-explorer Sirius Resources (ASX: SIR; US-OTC: SRQUF), struggled to keep his 5¢-per-share company above water.
The final week of April saw the closing of Noront Resources’ acquisition of Cliffs Natural Resources’ chromite assets in northern Ontario’s Ring of Fire region. The deal saw a last-minute bump-up in the price to US$27.5…
Canada’s benchmark index fell on renewed concern over Greece’s debt and China’s new trading regulations. The S&P/TSX Composite Index slipped 28 points, or 0.2%, to 15,360.55, while the S&P/TSX Capped Diversified Metals…
VANCOUVER — The Mineral Deposit Research Unit (MDRU) at the University of British Columbia (UBC) held its 25th anniversary celebration in early April at the Vancouver Convention Centre, where Peter Bradshaw, cofounder and Canadian Mining…
Colombia’s mining sector makes up 3% of the country’s gross domestic product. It is the world’s fourth-largest coal producer at 90 million tonnes per year, the tenth-largest nickel producer, and it is rich in copper, precious…
VANCOUVER — A dearth in the availability of traditional equity financing has led to the rise of specialist, mining-related investment funds, and another major player is taking the field. In early March, new private mining venture X2…
Royal Nickel (TSX: RNX; US-OTC: RNKLF) is an attractive takeover candidate, mining analyst Nik Rasskazovskiy of independent investment dealer Salman Partners contends in a recent research note.
With metal markets being the number-one indicator for the health of the global mineral exploration industry, a great way to kick off the technical program of the Prospectors & Developers Association of Canada convention in Toronto is to…
Wellgreen Platinum (TSX: WG; US-OTC: WGPLF) has delivered an updated preliminary economic assessment (PEA) for its Wellgreen platinum group metals and nickel deposit, in the southern Yukon, that cuts capital costs and the project’s mine…
VANCOUVER — North American Nickel (TSX-V: NAN; US-OTC: WSCRF) is making headway advancing its Maniitsoq nickel-copper-cobalt-platinum group metals property on the coast of southwestern Greenland, 85 km north of the capital Nuuk.
VANCOUVER — There’s likely not an exploration manager with a bigger technical team or budget than Rio Tinto’s (NYSE: RIO; LSE: RIO) Stephen McIntosh, who serves as the mega miner’s global head of exploration and has…
First Nickel (TSX: FNI; US-OTC: FNKLF) is cutting 109 jobs at its Lockerby nickel-copper mine in Ontario’s Sudbury basin, as part of a restructuring plan to lower costs, resume exploration and extend the mine’s life.
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