Fission finishes winter PLS program with more hot holes
VANCOUVER — Fission Uranium’s (TSXV: FCU; US-OTC: FCUUF) winter drill program at its Patterson Lake South (PLS) uranium project in the southwest Athabasca was a remarkable success.
Canada
Cameco Q1 profits up on Bruce Power sale
Saskatoon-based uranium miner Cameco (TSX: CCO; NYSE: CCJ) earned $131 million in the first quarter, helped by the sale of its interest in Bruce Power Ltd. Partnership.
Hudbay’s Manitoba business going strong and growing
Hudbay Minerals (TSX: HBM: NYSE: HBM) swung to a net loss in the first quarter of $27.2 million, or 15¢ per share, compared to a profit of $1.9 million, or 1¢ per share, in the first quarter of 2013, mainly due to a temporary…
Denison’s Wheeler River set to grow
VANCOUVER — Uranium may be in the doldrums right now, but Denison Mines’ (TSX: DML; NYSE-MKT: DNN) Wheeler River uranium project in the Athabasca basin is nonetheless becoming one of the world’s best resource projects —…
Forum Uranium tests Athabasca ground
VANCOUVER — It’s been a busy year for explorer Forum Uranium (TSXV: FDC; US-OTC: FDCFF), with a pair of drill programs on opposing margins of Saskatchewan’s prolific Athasbasca basin.
Forum returns promising results from Athabasca drills
VANCOUVER — It’s been a busy start of the year for explorer Forum Uranium (TSXV: FDC; US-OTC: FDCFF) with a pair of drill programs on opposing margins of Saskatchewan’s prolific Athasbasca Basin.
Digging for diamonds
A roundup of the latest news from Canadian-listed diamond explorers, developers and miners. Afri-Can Marine Minerals Afri-Can Marine Minerals (TSXV: AFA) reported in January the results of a positive prefeasibility study…
Dominion Diamond banks on Ekati
It’s been one year since Dominion Diamond (TSX: DDC) took over operations at the Ekati diamond mine in the Northwest Territories, and president and CEO Bob Gannicott says the company’s transition…
Stornoway lands $944M financing for Renard
Stornoway Diamond (TSX: SWY) announced in April that it had lined up a $944-million financing to build its Renard diamond mine in north-central Quebec. The binding agreement with several different…
The state of global rough diamond supply in 2014
Global production of rough diamonds in 2014 is expected to reach roughly 135 million carats valued at US$17.8 billion, an increase of 3% over last year. The world’s 50 largest…
Gahcho Kué takes shape
If you ask Patrick Evans, chief executive of Mountain Province Diamonds (TSX:MPV; NYSE: MDM), what surprised him most about the results of an updated feasibility study released in April for…
Revolution turns to Red Mountain in BC
VANCOUVER — For Revolution Resources (TSX: RV) president and CEO Robert McLeod, the company’s recent acquisition of the Red Mountain gold property in northwestern B.C. is a lot like coming home.