Advancing a second key asset in the Far North
Advanced Explorations (AXI-V) took another step in its bid to mold itself into a significant iron ore miner in Canada’s far north.
News
Hecla closes Lucky Friday for one year
Mining analyst Chris Lichtenheldt of UBS Investment Research has cut his 12-month target price on Hecla Mining (HL-N) to US$8.00 per share from his earlier forecast of $9.85 per share after the silver producer announced it has closed its Lucky…
Quest surges on drill results
Shares of Quest Rare Minerals (QRM-V) closed 25% higher at $3.23 per share Jan. 12 after the junior announced that heavy rare earth oxides represented 22.4-76.5% of the total rare earth oxide content intersected in its drill program at Strange…
PMI Gold sets out financials for fast-growing Obotan project
Vancouver – Australia-based PMI Gold (PMV-V, PVM-A) has outlined a 205,000-oz.-gold-per-year operation in a prefeasibility study on its Obotan gold project in Ghana.
Alexis is on the move
This year will be busy one for Alexis Minerals (AMC-T) as it continues to fix the operating Lac Herbin gold mine in Val-d’Or, Que., and moves the Snow Lake gold mine in Manitoba closer to production.
Low cost recoveries lift U3O8 Corp.
Initial metallurgical testing at U3O8 Corp.’s (UWE-V) Berlin project in Colombia are in and the prospect of lower extraction costs had the company’s shares riding high.
Shareholder accuses Baja Mining of “culture of nepotism”
Mount Kellett Capital Management–the largest shareholder in Baja Mining (BAJ-T) with 19.9% of its shares–is criticizing the Vancouver-based junior for what it describes as a “prevailing culture of nepotism and preference at the company.” Baja…
Midas has the golden touch in Idaho
Just six months after completing its $45.2-million initial public offering in July 2011, Midas Gold (MAX-T) has firmly emerged as the leading gold explorer in Idaho following the state’s recent resurgence as a prospective mining jurisdiction.
Guyana Goldfields updates Aurora parameters
Guyana Goldfields (GUY-T) will release the findings of a definitive feasibility study on its Aurora gold project in late February following a four-week peer review, the company says, and a revised resource estimate will be out before the end of…
Victoria hits silver near its Yukon gold project
Vancouver – Victoria Gold (VIT-V) has hit several silver intercepts in its first drill program on the Rex-Peso target near its flagship Eagle Gold deposit in the Yukon.
St. Elias falls on the drill
Disappointing drill results from the Tesoro gold project in Peru sent St. Elias Mines (SLI-V) shares tumbling on Wednesday.
Woulfe starts outlining Muguk’s charm
Woulfe Mining, (wof-v) pleased with an initial resource at the Muguk gold-silver project in South Korea, has started a scoping study at the past-producing mine.