Brigus turns a corner
Brigus Gold (BRD-T, BRD-X) says it is “going to keep improving” to reach a steady annual production rate of 100,000 oz. gold by year-end at its Black Fox gold mine in Timmins, Ont.
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Taca Taca won’t be taken, analysts say
When Lumina Copper (LCC-V) announced in early May that it had increased the size of its Taca Taca copper project in northwestern Argentina, mining analyst Adam Low of Raymond James raised his six- to 12-month target price on the stock by $2.50,…
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Crazy Horse moves Taysan ahead with prefeasibility study
Philippines-focused Crazy Horse Resources (CZH-V) has outlined a 15-milliontonne- per-year open-pit copper operation at its Taysan project in a prefeasibility study. The mine plan, like the November scoping study before it, splits the project…
Editorial: Stainless steel turns 100
Looking for an excuse to celebrate something in mining? Look no further than the one-hundredth anniversary of the invention of stainless steel — that wonderfully shiny, hard, corrosion-resistant alloy that’s one building block of a…
Commentary: Canada’s rise as an energy superpower
Canada is rapidly becoming recognized as one of the world’s energy superpowers. Canada is the leading foreign supplier of oil to the U.S. — delivering nearly twice as much each year as Saudi Arabia — and is the origin of 90%…
Rio Verde to secure $15M for key projects
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.
Aurcana on target with aggressive growth profile
VANCOUVER — Emerging Vancouver-based silver producer Aurcana Corp. (AUN-V) continued to demonstrate steady production growth through the first quarter, as the company posted record profits and announced development is ahead of schedule at…
Commerce Resources’ Ashram rare earth project at $2.3bn NPV
VANCOUVER — Commerce Resources (CCE-V) has outlined the financial case for its remote Ashram rare earth project in a preliminary economic assessment.
[Update] Forest fires threaten Kirkland Lake, Timmins
VANCOUVER — Raging forest fires that ignited near the towns of Kirkland Lake and Timmins in north-eastern Ontario have forced residents from their homes, and impacted four regional gold operations, as fire crews and the Ministry of…
McEwen comments on uncertainty in Argentina
When mining entrepreneur Rob McEwen put US Gold and Minera Andes together to create McEwen Mining (MUX-T, MUX-N) he was working on the model that you could take one company that had cash flow and another company that had development…
Clifton Star fuses Duparquet gold deposits into indicated resource
VANCOUVER — Gold exploration outfit Clifton Star Resources (CFO-V) saw its efforts pay-off following extensive resource drilling, as the company uncovered a multi-million-oz., in-pit indicated resource at its 100%-owned Duparquet gold…