Kivalliq has big plans for 2013
When it comes to junior uranium exploration and development companies, Kivalliq Energy (KIV-V) is the top pick of mining analysts at brokerage Raymond James.
Canada
TSX Venture continues to slide, March 25-28
VANCOUVER — The S&P TSX Venture Composite Index registered a second consecutive weekly decline during the shortened March 25-28 trading period, dropping 7.34 points, or 0.7%, before closing at 1,099 points.
McIlvenna Bay keeps growing for Foran
Foran Mining (FOM-V) has bulked up resources at the McIlvenna Bay zinc-copper-gold-silver volcanogenic massive sulphide (VMS) deposit in east central Saskatchewan, with increases of 15% and 18% in indicated and inferred tonnage.
El Chanate write-down surprises AuRico shareholders
Despite a $127 million write-down of the El Chanate mine in Sonora, Mexico, Canaccord Genuity analyst Rahul Paul says he isn’t changing his investment thesis on AuRico Gold (AUQ-T, AUQ-N) and is maintaining his US$11 price target on the stock….
Patterson Lake discovery triggers junior uranium frenzy
VANCOUVER — Nothing draws Canadian explorers quite like an emerging mineral discovery that looks to have district-scale potential, and that is proving to be the case with Fission Energy (FIS-V) and Alpha Minerals (AMW-V) Patterson Lake…
Rubicon cheers Ontario decision
Rubicon Minerals (RMX-T, RBY-X) is applauding the Ontario Court of Appeal’s move to reverse a lower court’s 2011 decision in the Keewatin case that said the provincial government could not approve resource development in the…
Hope Bay springs eternal for TMAC
VANCOUVER — In a few short months, privately held TMAC Resources has acquired a large gold project in northernmost Canada, signed a memorandum of understanding (MOU) with the Inuit association that owns the project lands, added $35…
Commentary: Will reason prevail over emotion in Quebec?
After the forum on mining royalties organized by the Quebec government and held in Montreal on March 15, apprehension clearly remains the order of the day.
Avanti encounters Nisga’a opposition at Kitsault
VANCOUVER — Just two weeks after announcing a permit milestone at its Kitsault molybdenum project, 140 km northeast of Prince Rupert, B.C., Vancouver-based junior Avanti Mining (AVT-V) has run into opposition from the Nisga’a Nation.
Copper market deficit in five years
While there may be a glut of copper coming out of the world’s mines over the next four years, it won’t be too long before a supply gap opens up and widens.
Copper Mountain contemplates secondary crusher
Despite several mill maintenance shutdowns last year and variable ore hardness and fragmentation entering the semi-autogenous grinding mill from different open-pit locations, Copper Mountain Mining (CUM-T) posted a gross profit of $38.2 million…
Capstone a steady eddy among the copper miners
VANCOUVER — Vancouver-based copper producer Capstone Mining (CS-T) is one of the good news stories among the mid-tier base metals producers.