Volume 97 Number 14 May 23 - 29, 2011

Uranium One’s Q1 revenues, profits on the rise

Uranium One’s (UUU-T) first-quarter profits rose substantially to US$14 million over the same period last year, which saw a net loss of US$1.4 million, but was still below market expectations.


The beneficiation plant at the Silver Yard, part of Labrador Iron Mines' Schefferville iron ore project in the Labrador Trough. Photo by Labrador Iron Mines

Forging deals in the Labrador Trough (May 23, 2011)

As the acquisition of Quebec-focused iron ore producer Consolidated Thompson Iron Mines (CLM-T) by resource giant Cliffs Natural Resources (CLF-N) finally comes to a close, investors can’t help but wonder which company in the area is next in…


lonore glitters for Goldcorp

Goldcorp (G-T, GG-N) considers the Éléonore gold project in Quebec’s James Bay region as a cornerstone of its next generation of gold growth projects. 



Eldorado advances Tocantinzinho in Brazil

Eldorado Gold (ELD-T, EGO-N) predicts production from its newly acquired Tocantinzinho gold project in central Brazil will average 159,000 oz. per year over an 11-year mine life starting in late 2014, at cash operating costs totaling about…


The headframe at Richmont Mines' Beaufor gold mine, 25 km northeast of Val d'Or, Que. Photo by Richmont Mines

Richmont builds up Abitibi gold assets

With its operating Beaufor gold mine, its Francoeur gold mine soon to reach commercial production, and two active gold exploration projects named Wasamac and Monique all located in Quebec’s Abitibi region, Richmont Mines (RIC-T, RIC-X) has…


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