Editorial: Spreadsheets vs. reality
The best-laid schemes o’ the mining industry’s mice an’ men gang aft agley an awful lot these days, leaving investors with nothing but “grief an’ pain, for promis’d joy!”Yea, the inability of mining…
Volume 98 Number 25 Aug 6 - 12, 2012
Bannerman gets the enviro-nod
Bannerman Resources (BAN-T, BNNLF-O) has received an environmental approval from the Namibian Ministry of Environment and Tourism to develop its Etango uranium project, located on the Namib Desert sands, near the costal town of…
Exchange rates
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date July 30 July 27 July 26 July 25 July 24 US$ in C 1.0033 1.0060 1.0101 1.0181 1.0208 …
Cobriza’s new porphyry in Peru
The latest drill results from Cobriza Metals (CZA-T) Arikepay project in Peru have the company confident it has made a new porphyry discovery.Results from the two best holes were highlighted by 238 metres averaging 0.29% copper,…
NMC’s take on moly’s future
Molybdenum gets little glory in the metals world. On the production side more than half of it is produced as a by-product of more prominent metals like copper, while on the consumption side it is mostly used as a secondary additive to help make…
Canamex soars 290% on high-grade hit
Canamex Resources’ (CSQ-V) shares soared to new heights after the company released the best hole to date from its Bruner gold-silver project in central Nevada. On July 18 the junior reported the monstrous hole returned 118…
Avalon expands Nechalacho resource
Avalon Rare Metals (AVL-T, AVL-X) reports that exploration drilling completed last year has lifted indicated resources at its flagship Nechalacho rare-earth deposit in the Northwest Territories by 73% to 152.3 million tonnes grading 1.32% total…
Q&A with Agnico’s Sean Boyd
At a time when investor sensitivities to management miscues and misguided strategies are running high, Agnico-Eagle Mines (AEM-T, AEM-N) stands out as a miner that has stuck to its mantra of providing stable growth with low political risk . . ….
Panoro’s Cotabambas could attract a buyer
Christopher Chang of Laurentian Bank Securities believes Panoro Minerals’ (PML-V) Cotabambas copper-gold project in Peru could become an acquisition target, and has initiatied coverage of the junior with a “buy” rating…