Royal Nickel de-risks Dumont
Results of an optimization study and additional metallurgical tests have further de-risked Royal Nickel’s (RNX-T) Dumont project in Quebec, president and chief executive Tyler Mitchelson says.
News
Northwest Transmission Line gets environmental approvals
Vancouver – Mining projects in British Columbia’s northwest are another step closer to tapping into the provincial grid after the federal government gave the environmental go-ahead for the Northwest Transmission Line.
Kinross invests in Hemlo area play
Vancouver – Just 2.5 km from the edge of Barrick’s (abx-t, abx-n) famed Hemlo gold property in northwestern Ontario, a new explorer hopes to achieve what countless others have already tried but failed to accomplish: to discover another major…
Richmont releases Wasamac drill results
Vancouver – With one operating mine, one soon to reach commercial production, and two active exploration projects all in the Abitibi region of Quebec, Richmont Mines (RIC-T, RIC-X) has staked a big part of its future on the district.
Uranium One posts profits of $14M
Uranium One’s (uuu-t) first-quarter profits rose 33% to US$14 million over the same period last year, which saw a net loss of US$1.4 million, but was still below market expectations.
Profits surge at Dundee Precious Metals (May 11, 2011)
With increased production and higher prices, Dundee Precious Metals (DPM-T) managed to facilitate a massive turnaround from where results were this time last year. DPM reported first quarter net earnings of US$14 million or 11¢ per share….
BC shows strong mining revenue, new mines started in 2010: PwC report
Vancouver – The British Columbia mining industry saw more signs of recovery in 2010, but it was the new mines coming online that have prompted talk of a mining renaissance in the industry. Such were some of the findings of…
Agnico-Eagle digs deeper in Quebec (May 10, 2011)
Agnico-Eagle Mines’ (AEM-T, AEM-N) Goldex, Lapa, and LaRonde gold mines in Quebec are getting a slice of the company’s largest-ever US$145-million global exploration program this year.
Pilot Gold lifts off on latest results
A small market cap can be a wonderful thing as evidenced by the market action of two different companies on Tuesday.
Trade Winds completes winter-spring drill program
Drilling at Trade Winds Ventures’ (TWD-V) Block A project in northeastern Ontario, a 50-50 joint-venture with Detour Gold (DGC-T), has returned strong intercepts.
Ghana’s newest gold producer
After 11 months of construction, the Nzema gold project has moved into commercial production and Adamus Resources (ADU-V, ADU-A) is confident the new open-pit mine in southwestern Ghana will be able to turn out 100,000 ounces of gold in its…
Here comes Glencore
It was expected to fetch a higher valuation, and it was expected to coincide with a continued fervor for all things commodity related, but Glencore’s move into public markets will still come with a hefty US$60 billion price tag on the king of…