Start small in the Ring of Fire, Noront CEO says
There’s no question that massive infrastructure will need to be built in order to mine the large chromite deposits in the Ring of Fire, says Noront Resources (TSXV: NOT) president and CEO Alan Coutts.
News
Strike notice prompts closure of Cameco’s McArthur River
Cameco (TSX: CCO; NYSE: CCJ) has closed down McArthur River, the world’s largest uranium mine, and its Key Lake mill, in Saskatchewan’s Athabasca basin, over a labour dispute.
Rare Element sees ‘significant change’ in REE markets
VANCOUVER — It’s been over two years since U.S.-based Rare Element Resources (TSX: RES; NYSE-MKT: REE) released an economic study on its Bear Lodge rare earth minerals property in northeastern Wyoming, and according…
Flinders to buy Big North Graphite
Vancouver-based graphite producer Flinders Resources (TSXV: FDR; US-OTC: FLNXF) is moving to acquire Big North Graphite (TSXV: NRT).
First Majestic Silver deepens its Mexican roots
After founding First Quantum Minerals (TSX: FM; LSE: FQM) in 1992 and putting together the early team that was responsible for the company’s first acquisitions in Africa, Keith Neumeyer felt it was time to move on. The year was…
First Nations group working on Ring of Fire infrastructure plan
Yet another infrastructure plan is in the works for Ontario’s remote Ring of Fire region, this one for an infrastructure corridor consisting of a railway, power and a seasonal seaport in James Bay.
Almaden a model of father-son success
Almaden Minerals (TSX: AMM; NYSE-MKT: AAU) has found volcanic-hosted mineralization beside its Ixtaca gold–silver deposit on its 100%-owned Tuligtic project in Puebla state, adding to the prospecting success it has had over the years in…
S&P 500 on a roll, Aug. 25-29
The benchmark S&P 500 Index ended the week on a high note, finishing above the 2,000-mark for the third time during the trading week. The S&P 500 advanced 0.75% to 2,003.37, while the Dow Jones Industrial Average climbed 0.6% to finish…
Commentary: Global gold demand continues recalibration
The following is an edited excerpt from the World Gold Council’s summary of its report, Gold Demand Trends Q2 2014. The full report can be found at www.gold.org.
Corrections
The article “Rockhaven has high hopes for Klaza in Yukon” (T.N.M., Sept. 1-7/14) should have stated that Matt Turner is only the CEO of Rockhaven Resources, while Robert C. Carne serves as president.
Santacruz ramps up its Rosario mine
Santacruz Silver Mining (TSXV: SCZ) is eyeing production growth in Mexico with a ramp up at its Rosario silver–gold–zinc–lead mine.
Atacama hits PFS milestone at Cerro Maricunga
VANCOUVER — According to president and CEO Carl Hansen the scale of Atacama Pacific Gold’s (TSXV: ATM; US-OTC: ACPGF) proposed heap-leach mine plan at its Cerro Maricunga project in Chile — located 140 km by road…