More Alaskan high-grade for NovaCopper
Since NovaCopper (NCQ-T, NCQ-X) started drilling the South Reef Zone on its Bornite concession in northwestern Alaska this year, sixteen of the nineteen holes returned high-grade copper — a success rate of 84%.
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Magellan’s bright outlook at Coringa
Magellan Minerals (MNM-V) has completed a preliminary economic assessment (PEA) on its Coringa gold deposit in Brazil’s Tapajos province, suggesting strong economics to move the project to the feasibility stage, with a construction…
Tirex scores ground-breaking Albanian mine permits
VANCOUVER — Vancouver-based explorer Tirex Resources (TXX-V) is set to make history in the small Balkan nation of Albania. On Oct. 29, Tirex succeeded in acquiring 25-year mining licenses that encompass six past-producing deposits in…
Luna earning its due
It’s been a busy second half of the financial season for Luna Gold (LGC-T).
Seabridge Gold likes what it sees at Walsh Lake
Exploration drilling over the summer at Seabridge Gold’s (SEA-T, SA-N) Courageous Lake project in Canada’s Northwest Territories uncovered a new gold occurrence about 10 km south of the 6.5 million ounces of proven and probable gold…
Potash Corp. declines comment on Israel Chemical
In a letter to the Tel Aviv Stock Exchange, Israel Corporation, the parent company of Israel Chemical, said Potash Corporation of Saskatchewan (POT-T, POT-N) has held talks with the Israeli Government about raising its stake in the…
Pierre Lassonde: The gold guru sounds off on diamonds
In a frank discussion with Diamonds in Canada in late September, the cofounder and now chairman of Franco-Nevada (FNV-T, FNV-N) and ex-Newmont Mining (NMC-T, NEM-N) CEO explains why he believes…
Stornoway’s road to Renard just got longer
Stornoway Diamond (SWY-T) delivered the good news in mid-October that it had received the mining lease for its Renard diamond project, in Quebec. The final permit required, the certificate of authorization,…
Diamcor Mining closes in on first diamond sale
Diamond junior Diamcor Mining (DMI-V) is flying high: The junior’s share price has gone from a low of 26¢ late last year to a 52-week high of $1.41 in late…
Shore submits revised EIS for Star-Orion
In August, Shore Gold (SGF-T) submitted a revised environmental impact statement (EIS) for its Star-Orion project, in Saskatchewan, to provincial and federal regulators. The 10,500-page document is based on the…
Unable to go big, BHP and Rio Tinto go home
In the space of just a few months, both BHP Billiton (BHP-N, BLT-L) and Rio Tinto (RTP-N, RIO-L) announced they were reviewing their diamond businesses. BHP, the 80% owner of…
India to the rescue?
China’s rising appetite for diamonds is often the focus of attention for diamond-watchers, but there’s another Asian giant that plays a pivotal role in the market. Like China, India has…