Baja Mining’s Boleo project is worth waiting for
Santa Rosalia, Baja California Sur–John Greenslade is probably one of the most tenacious–and brilliant–chief executives in the junior mining world.
News
Venture finds gains despite the gloom
Vancouver – Shrugging off poor job numbers from the United States and worries of a spreading debt crisis in Europe, the S&P TSX Venture Exchange Index managed its best period in months between July 4 and 8. The index ended up 80.63 points…
U.S. stocks feel the chill with poor jobs data, July 5-8
Disappointing jobs data sent a chill through markets in the U.S., with the unemployment rate rising to 9.2% in June, the highest since December. Reuters reported that U.S. state and local governments “cut thousands of jobs in June, pushing…
Modest gains for TSX over July 4-8 period
The TSX Composite Index rose a modest 56 points for the July 4-8 period as upward momentum was cut short by concerns about the strength of the global economic recovery due to higher energy prices and continued worries over both European and US…
Bayfield insiders sell as Rainy River area play overheats
A 400- by 800-metre claim block east of Rainy River Resources’ (RR-T) flagship gold project in northwestern Ontario is causing a big commotion at the project’s operator, Bayfield Ventures (BYV-V).
Canada Lithium looks to rebound
Canada Lithium (CLQ-T) is ready to move on from a shrinking-resource fiasco at its Quebec Lithium project near Val d’Or, Que., and has recently tabled an updated feasibility study of the project that shows it is still viable.
Market unimpressed with Rubicon’s PEA for F2
Rubicon Minerals (RMX-T, RBY-X) fell $1.12, or 23.9%, to close at $3.56 per share with more than 4 million shares traded in Toronto after the company released a preliminary economic assessment (PEA) of its 100%-owned F2 gold system, part of its…
Bear Creek loses Santa Ana
Already hit by a retreat in the silver price, a leftist presidential victory, and rumblings of local discontent, Bear Creek Mining (BCM-V) was broadsided on June 25 by the Peruvian government’s decision to revoke the licence for its Santa Ana…
First Quantum contemplates smelter
With concerns mounting about Zambia’s maxed-out smelting capacity, First Quantum Minerals (FM-T, FQM-L) is evaluating whether the time has come to build and operate a copper smelter. A decision will be made later this year.
Editorial: A loss, a win and a draw
The resource market passed the halfway mark of 2011 in a bit of a foul mood, with the ongoing anxiety over the feeble economic recovery seen in the U.S. and parts of Europe continuing to depress mining share prices, even in the face of robust…
New Horizons: Oilsands mine closure inspired by Mother Nature
Mine closure plans in Alberta’s oilsands are being made with a new advisor in mind: Mother Nature.
Work disruptions continue on South Africa’s Bushveld
Disgruntled employees have once again disrupted mining operations on South Africa’s Bushveld Complex, with Platmin (PPN-T) being the latest target.