Uranerz reports loss as drive to production continues
As Uranerz Energy (URZ-T, URZ-X) drives to put its part of Wyoming’s Powder River Basin into commercial production this year, it will likely have to top up its coffers.
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U.S. equity indexes break records, Mar. 25-29
Stocks continued their upward trajectory during the holiday-shortened trading week despite lackluster U.S. economic data, with both the Dow Jones Industrial Average and the S&P 500 hitting record highs as tensions over Cyprus waned and ever…
McIlvenna Bay keeps growing for Foran
Foran Mining (FOM-V) has bulked up resources at the McIlvenna Bay zinc-copper-gold-silver volcanogenic massive sulphide (VMS) deposit in east central Saskatchewan, with increases of 15% and 18% in indicated and inferred tonnage.
Walter curtails Willow Creek, preps for proxy battle
VANCOUVER – Walter Energy (WLT-T, WLT-N) is curtailing operations at its Willow Creek mine in northern British Columbia until metallurgical coal prices improve, the fifth met coal mine Walter has curtailed in the last 18 months as the…
Northern Vertex plans for pilot production at Moss
VANCOUVER – Northern Vertex Mining (NEE-V) wants to get into production as soon as possible and the junior just took a big step in that direction, with a preliminary economic assessment (PEA) of its Moss project in Arizona that lays out a…
El Chanate write-down surprises AuRico shareholders
Despite a $127 million write-down of the El Chanate mine in Sonora, Mexico, Canaccord Genuity analyst Rahul Paul says he isn’t changing his investment thesis on AuRico Gold (AUQ-T, AUQ-N) and is maintaining his US$11 price target on the stock….
Newstrike outlines maiden resource at Ana Paula
VANCOUVER — It has been a wild ride for Vancouver-based explorer Newstrike Capital (NES-V) at its flagship Ana Paula gold-silver project along the emerging gold belt in Guerrero State, Mexico. After acquiring the project roughly three…
More VMS mineralization for Atico in Colombia
VANCOUVER – In the midst of uncertain markets, Atico Mining (ATY-V) is bucking the trend with exciting drill results that keep adding to the junior’s share price momentum.
Patterson Lake discovery triggers junior uranium frenzy
VANCOUVER — Nothing draws Canadian explorers quite like an emerging mineral discovery that looks to have district-scale potential, and that is proving to be the case with Fission Energy (FIS-V) and Alpha Minerals (AMW-V) Patterson Lake…
Banro eyes US$100M financing to get back on track
Banro (BAA-T, BAA-X) intends to secure a larger financing package of up to US$100 million to get its delayed Namoya gold project in the Maniema province of the Democratic Republic of the Congo (DRC) into production by year end.
Midway gets key permit; pushes Pan closer to production
Midway Gold (MDW-T, MDW-X) is closer now to production than it was at the week’s outset.
Metals Commentary: Wood Mackenzie sees copper markets in deficit in five years
While there may be a glut of copper coming out of the world’s mines over the next four years, it won’t be too long before a supply gap opens up and then starts to widen.