A positive turn in Europe’s debt crisis helped to bolster global markets for the June 20-24 period and the TSX Composite Index was no exception. The Index climbed 120 points to finish at 12,908.89 points. But the new wasn’t all good as falling…
A softening platinum market is taking a bite out of miners as companies face shrinking margins and production challenges, especially in South Africa’s prolific Bushveld complex, which accounts for 72% of global platinum output.The…
Working away in the relatively remote San Luis craton of northeast Brazil, Luna Gold (LGC-V) has commissioned one gold mine, advances a second project to the scoping stage and holds an extensive greenfield land package in the area.
Rio Novo Gold (RN-T) hopes to become a gold producer by bringing its two advanced-stage Brazilian properties into production: The Almas gold project in the southeastern part of Tocantins State, and the Guaranta gold project in the northern part…
The preliminary draft Environment Impact Statement on Augusta Resource’s (AZC-T, AZC-X) Rosemont Copper project near Tucson, Ariz., has been delivered by the Coronado National Forest to Arizona State and local cooperating agencies, bringing it…
Major Canadian gold miner Agnico-Eagle Mines (AEM-T, AEM-N) has acquired 6 million shares and 4 million warrants of Colibri Resources (CBI-V), a junior explorer based in Nanaimo, B.C., looking for gold and polymetallic mineralization in…
Fortuna Silver Mines (FVI-T) started building its San Jose underground silver-gold mine 47 km south of the city of Oaxaca in southern Mexico in the second quarter of 2010. Now, the company says it can increase the start-up production rate from…
Northland Resources (nau-t) is set to launch its flagship Kaunisvaara iron ore project in northern Sweden in early 2013, with production of 5 million tonnes of iron ore concentrate per year expected by 2014.
Orvana Minerals (ORV-T) got its El Valle-Boinas/Carles gold-copper mine and plant in northern Spain off the ground on May 31, and expects a first shipment in June.
Between 1910 and 1972 the Miller Lake O’Brien silver mine in northeastern Ontario turned out 42 million oz. silver. It also left behind a lot of silver in tailings piles – 2.96 million oz. to be precise.
There is no debating that Trelawney Mining and Exploration’s (TRR-V) Côté Lake deposit is big. But the question on the minds of many junior gold investors is: Just how big?
Toronto-based zinc miner Breakwater Resources (BWR-T) has agreed to a $663-million takeover bid by European smelting giant Nyrstar.
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