U.S. equities rallied late in the June 4-8 trading week as markets anticipated that Spain would ask euro zone deputy finance ministers for a bail-out for its troubled banks, which it did over the weekend. The Dow Jones Industrial Average and…
The number of mine development projects where capital costs are spiralling upwards from their study numbers has increased more than any time I can recall in my 30-plus years of worldwide experience in the development-side of the industry. This…
The Northern Miner’s senior sales representative Brian Warriner was honoured with a Life Member appointment from the Canadian Diamond Drilling Association at its annual general meeting in Quebec City in May. It was presented to Warriner…
An article in The Northern Miner (“Tin and silver: The new electric metals,” April 30–May 6/12) discussed the European Union’s ban on the use of lead in products sold in Europe and the resulting use of tin, silver and…
Toronto-based Labrador Iron Mines (LIM-T) is first out of the gate to cash-in on Canada’s reinvigorated iron-ore hotspot in the Labrador Trough district. Labrador Iron is one of a handful of Canadian developers looking to market iron ore…
After waiting more than 30 years, Southern Silver Exploration’s (SSV-V) man in Durango is finally getting a crack at the Cerro Las Minitas silver property.Adrian Robles, Southern Silver’s senior exploration manager in Mexico, first…
Toronto Stock Exchange
Extorre Gold Mines (XG-T, XG-X) is looking to build its Cerro Moro gold-silver project in Argentina’s Santa Cruz province in two stages and halve its start-up costs, but it could see less metal production during the…
Rio Verde Minerals (RVD-T) aims to add $15 million to its coffers to help fund exploration and development at its key potash and phosphate projects in northern Brazil, by selling its shares at a premium. The company announced a…
Things keep rolling along for Vancouver-based Prophecy Platinum (NKL-V) at its flagship Wellgreen platinum group metals (PGM) and nickel project in the Yukon. The junior released a flurry of news to end May, including a maiden full-spectrum…
Denver-based molybdenum miner Thompson Creek Metals (TCM-T, TC-N) is bulling through a major expansion despite falling moly prices, temperamental equity markets and rising costs in a bid to diversify its commodity basket and provide long-term…
Commerce Resources (CCE-V) has outlined the financial case for its remote Ashram rare earth element (REE) project in a preliminary economic assessment (PEA).The company plans to extract 4,000 tonnes per day from an open pit at its northern…
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