2013

When is the right time for a PEA of an exploration project?

For today’s risk-averse mining investor, there is a level of comfort that comes from a Preliminary Economic Assessment (PEA) that affects an exploration project’s success or failure. As a technical document, it is a tool for…


Field technicians at Northcliff Resources' Sisson tungsten-moly project in central New Brunswick. Source: Northcliff Resources

Northcliff secures Kiwi partner for Sisson in NB

Northcliff Resources (TSX: NCF; US-OTC: NCFFF) is enjoying a boost in its share price after securing a financial partner to help advance its $579-million Sisson tungsten-molybdenum project in central New Brunswick, 100 km northwest of…


A drill rig at Platinum Group Metals' Waterberg project in South Africa. Source: Platinum Group Metals

Platinum Group Metals hits milestone

After discovering the Waterberg deposit in South Africa in 2011, Platinum Group Metals (TSX: PTM; NYSE-MKT: PLG) has expanded the project’s inferred resource three times in just one year: from 6.2 million oz. platinum, palladium and gold…


Boart Longyear CEO Richard O'Brien.

Boart Longyear weathers downturn

When Richard O’Brien left his post as CEO of Newmont Mining (NYSE: NEM; TSX: NMC) in December 2012, after five years in the job and seven at the company, he wasn’t ready to “hang up his pick” just yet.


At the entrance to the historic Lower Deer Trail gold mine in Utah, from left: lead miner Shane Morrison, chairman Arthur Brown, president Michael Callahan, vice-president of exploration Eric Saderholm, CEO Warwick Smith and investor relations representative Erin Ostrom. Photo by Adrian Pocobelli.

Western Pacific bets on the Deer Trail mine

MARYSVALE, UTAH — Vancouver-based exploration company Western Pacific Resources (TSXV: WRP) is adding a new project to its portfolio with the acquisition of the Deer Trail mine, a polymetallic project with silver, gold, zinc, lead and…


Cartoon by JK.

PwC gold study charts new ground

A study on the direct economic impact of gold — commissioned by the World Gold Council — gathers, for the first time, all the evidence of the precious metal’s economic and fiscal contribution, author PricewaterhouseCoopers…


Workers at a drill site in a historic pit at Castle Mountain Mining's namesake gold project in San Bernardino County, California, 90 km south of Las Vegas. Source: Castle Mountain Mining

Castle Mountain in Cali: Old mine, new story

The Castle Mountain heap leach gold mine in San Bernardino County in southern California produced 1.24 million ounces of gold between 1991 and 2001, when mining was suspended due to low gold prices. Now a management team and board…


Bellhaven rolls out PEA results at La Mina

VANCOUVER — It has been a busy year for Colombia-focused junior Bellhaven Copper & Gold (TSXV: BHV; US-OTC: BHVCF) at its wholly controlled La Mina porphyry gold-copper project in the Middle Cauca volcanic-plutonic belt, 45 km…


A portal at Alexco Resource's Bellekeno silver mine in the Yukon. Photo by Matthew Keevil.

Alexco shares pop on Flame & Moth results

VANCOUVER — The first half of the year was rough for shareholders of Yukon-focused silver producer Alexco Resource (TSX: AXR; NYSE-MKT: AXU) and its underground Bellekeno mine, 50 km northeast of the town of Mayo.


Inside the processing facilities at Thompson Creek's Mt. Milligan copper-gold project. Source: Thompson Creek Metals

Mt. Milligan produces first concentrate

VANCOUVER — Thompson Creek Metals’ (TSX: TCM; NYSE: TC) $1.5-billion investment is about to pay off: the Mount Milligan mine is now producing copper-gold concentrate.


The processing facilities at the Saxendrift mine in South Africa's Northern Cape province. Source: Rockwell Diamonds

Rockwell recovers 100+ct. diamonds

Shares of Rockwell Diamonds (TSX: RDI; US-OTC: RDIAF) climbed after the company found four diamonds weighing more than 100 carats each from its Middle Orange River projects in South Africa’s Northern Cape province.


Positive PEA for Colonial Coal’s Huguenot

VANCOUVER — The Huguenot project in northeastern B.C. could become a metallurgical coal operation, according to a preliminary economic assessment (PEA) from project owner Colonial Coal International (TSXV: CAD).


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