Reunion gets cash, moves ahead at Matthews Ridge
Some big resource investment houses have signaled their faith in Reunion Gold’s (RGD-V) Matthews Ridge manganese project in Guyana, and market participants took their cue.
Volume 97 Number 10 Apr 25 - May 1, 2011
Alderon gets initial Kami resource
A first resource for Alderon Resource’s (ADV-V) Kamistiatusset (Kami) iron ore project in western Labrador has established a global resource of 608 million indicated and inferred tonnes.
Giustra shell joins rush for West African iron ore (April 25, 2011)
Investors have come to expect share-dilutive deals from Frank Giustra, one of Howe Street’s best known and most followed penny stock promoters. This does not seem to make the deals any less appealing, however, given the promoter’s past…
Ursa Major hits milestones
Since resuming mining a year ago from the West pit at its Shakespeare nickel-copper-platinum group metals (PGM) mine in Ontario, which was closed in 2008 due to weak metal prices, Ursa Major Minerals (UMJ-T) has regained its momentum.
Surf’s up: Let’s ride (April 25, 2011)
When you ask Richard Briggs what he’s telling his clients about investing in base metals these days, he answers: “We’re advising caution – lots of caution.”
Western Copper updates Casino study
Western Copper (WRN-T, WRN-X) has released an updated prefeasibility study for its sizable but remote Casino gold-copper-molybdenum project in the Yukon, three years and a commodity-price rollercoaster ride after the first.
Manitoba brings copper for HudBay, VMS
HudBay Minerals (HBM-T, HBM-N) and VMS Ventures (VMS-V) have a high-grade copper project on their hands right in the safe confines of Manitoba.
Ross Beaty closes in on 10 for 10
Of the 10 copper projects acquired by Ross Beaty’s Lumina Copper (LCC-V) in 2003 near the end of a five-year downturn for the resource sector and a dramatic fall in metal prices, it has kept just one, Taca Taca, in Argentina. The rest it sold -…
Positive PEA pumps Prodigy (April 25, 2011)
Junior explorer Prodigy Gold (PDG-V) got a warm reception on the market after releasing a positive preliminary economic assessment (PEA) for its Magino gold project in northern Ontario.