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Molycorp's Mountain Pass rare earth element mine, as seen in 2011. Mountain Pass is located on the south flank of the Clark Mountain Range in southeastern California. Photo by Trish Saywell

Molycorp strikes restructuring deal with creditors

In the first quarter of 2015, Molycorp (NYSE: MCP) reported higher production volumes from its Mountain Pass rare earth facility in California, and yet posted negative cash flow from operating activities of US$73 million and a loss attributable…




Drill core at Pure Gold Mining's Madsen gold project in Ontario's prolific Red Lake gold district. Credit: Pure Gold Mining.

Pure Gold advances exploration at Madsen

Pure Gold Mining (TSXV: PGM; US-OTC: LRTNF) has started a mid-year exploration program at its Madsen gold project in Ontario’s prolific Red Lake gold district, after encouraging results from its 5,000-metre drill program.



A drill site at Argonaut Gold's Magino gold project, 40 km northeast of Wawa, Ontario. Source: Argonaut Gold

Land deal with Richmont brings Argonaut drill success

About 2 km away from where Richmont Mines (TSX: RIC; NYSE-MKT: RIC) is producing gold from its Island gold mine, and exploring for more at its Island gold deep development project, Argonaut Gold (TSX: AR; US-OTC: ARNGF) is advancing its…





Machines at Galantas Gold's Omagh gold project in northern Ireland, 150 km west of Belfast. Source: Galantas Gold

Galantas Gold receives permits to build underground mine

Up until two years ago, Galantas Gold (TSXV: GAL) was producing a flotation concentrate containing gold, silver and lead from its small open-pit gold mine in northern Ireland, 150 km west of Belfast and 32 km from Dalradian Resources’…


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