Paladin Energy wins right to own Canadian uranium mine
In a historic decision, the Canadian government has approved Australia’s Paladin Energy (TSX: PDN) as the majority owner of a uranium mine in Newfoundland and Labrador.
News
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’…
Red Pine Exploration updates resource at Wawa project
Like many other juniors in today’s depressed commodities market, Red Pine Exploration (TSXV: RPX; US-OTC: RDEXF) seems to have a lot more going for it than its 4¢ share price would suggest.
TSX slips again, June 15-19
Canada’s benchmark index dropped 0.6% to finish at 14,653.12, amidst fears that Greece could default on its debt, and lower-than-expected Canadian retail sales in April. The S&P/TSX Capped Diversified Metals & Mining Index fell 4%…
Perseverance pays off for Avnel at Kalana in Mali
VANCOUVER — It’s been over a decade of preparation for Avnel Gold Mining (TSX: AVK) at its Kalana Main deposit in southwestern Mali, but now the company is on a path towards turning the small, former Soviet-run underground gold mine…
Rubicon Minerals advances Phoenix on two fronts
Rubicon Minerals (TSX: RMX; NYSE-MKT: RBY) has poured the first gold at its Phoenix gold project in Red Lake, Ont., and expects to complete the commissioning phase of the mill in early July.
Editorial: Women remain an untapped resource in mining
We’ve been receiving feedback from readers and industry participants in recent weeks on the experiences of women in the Canadian mining industry.
Facts ‘n’ figures: The socio-economic benefits of gold mining
The following is an edited summary from the World Gold Council’s report The Social and Economic Impacts of Gold Mining. To see the full report please visit www.gold.org.
Letter to the editor: Women in mining a complex issue
Lesley Stokes’ commentary last week entitled “Gratitude for women pioneers” is a thoughtful insight and response to the letter published a week earlier, “Daughters: Avoid geology or mining as a career.”
US equities rise, June 15-19
U.S. stocks eked out gains, despite concerns about whether Greece would reach a deal with its lenders to avoid a default. The Dow Jones Industrial Average climbed 0.6% to 18,014.28, while the S&P 500 Index added 0.7% to 2,109.99. The Nasdaq…
MDRU sheds light on gold in the Yukon
VANCOUVER — When Underworld Resources, now Kinross Gold (TSX: K; NYSE: KGC), found the White Gold deposit in 2008 — a gold-only system near the prolific Klondike placer gold fields, 95 km south of Dawson City — it swept the…
TSX Venture closes flat, June 15-19
The S&P/TSX Venture Composite Index gained slightly during the trading period, as it jumped 1.75 points before finishing at 683.89 points. Gold futures closed in the green, while base metal and energy markets failed to generate much…