Asia




Workers at Cameco's Cigar Lake uranium mine in Saskatchewan.  Credit: Cameco

Junior uranium execs pitch rebound in market

VANCOUVER — The CEOs of three North American uranium juniors took to the stage during an open-panel session at the Vancouver Resource Investment Conference in January to discuss the broader uranium market and argue why it is due to…


Moe Lavigne, KWG Resources' vice-president of exploration and development, inspects core in 2010 at the Big Daddy chromite deposit in Ontario. Credit: WG Resources

KWG turns to China for help in Ring of Fire

A railway design and engineering company named China Railway First Survey & Design Institute Group Co. (FSDI) and owned by China Railway Construction, one of China’s three major state-owned rail groups, is teaming with KWG…



The Great Hall of the People at the western edge of Tiananmen Square in China's capital Beijing. Photo by Zheng Zhou.

Worry over Chinese demand is overdone, Aussie analyst says

While people in the mining sector wring their hands about slowing growth in China, declining demand for base metals and collapsing prices, they’re all missing one key point, according to an Australian mining engineer, research…


Banro's Namoya gold mine in the Democratic Republic of the Congo. The is 200 km southwest of its Twangiza gold mine. Credit: Banro

Banro lands US$98.8M

A Chinese mining investment fund and a Connecticut-based fund management company are giving Banro (TSX: BAA; NYSE-MKT: BAA) some breathing room this year with a private placement, term loan and streaming deal, worth nearly US$100 million.



"The rules and regulations are crystal clear, and they're followed to the letter, which is refreshing," says Southern Arc Minerals president and CEO Mike Andrews.

Southern Arc shifts focus to Japan

In 2005, Southern Arc Minerals (TSXV: SA) became the first Canadian junior exploration company to return to Indonesia after the Asian financial crisis in 1997. The junior acquired two key projects: the West Lombok property on Southwest Lombok…


A worker handles core at Cameco's Cigar Lake uranium mine in Saskatchewan. Credit: Cameco

Uranium prices poised to rebound, analyst says

After some false starts in past years, an uptick in uranium prices may truly be around the corner, and this time analysts are more confident any rise will reflect a balance between demand and supply.



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