Metals, mining, stocks and money markets
Spot pricesCourtesy of ScotiabankTuesday, October 2, 2012Precious MetalsPrice…
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Afferro Mining — Ousmane Kane appointed a director.
Correction
In the article “NuLegacy gets in line on Nevada’s Cortez trend” (T.N.M., Sept. 17–23/12), it was incorrectly stated that NuLegacy Gold has an option agreement with Miranda Gold on the Wood Hills South gold project in Elko County,…
Stornoway navigates the road to production
Recent media reports have suggested Stornoway Diamonds’ (SWY-T) Renard diamond project in Quebec may face delays given that construction of the Route 167 extension from Chibougamau to the Otish Mountains is slightly behind plan, but the…
Look out, here comes Oceanic Iron Ore
When Steven Dean stepped down in 2002 as president of Teck Cominco, now Teck Resources (TCK-T, TCK-N), his motivation was simple: he wanted to spend more time with his family after spending years on the road, a fact of life in the…
Taseko takes a second swing at New Prosperity
Nearly two years after its initial environmental assessment was rejected, Vancouver-based Taseko Mines (TKO-T, TGB-X) is stepping up to the plate for a second attempt at permitting its US$1.1-billion New Prosperity copper-gold project, 120 km…
Beaufield proves Chinese firms still interested in iron ore
The connection between slower growth in China and slumping commodity prices has been well made in the financial press over the last few months — but there are contrary signs to be found by astute investors.
Denison posts Wheeler River’s 2012 drill results
Denison Mines (DML-T, DNN-X) has wrapped up the 2012 drill programs at its 60%-held Wheeler River uranium property in Saskatchewan and plans to update the project’s resource estimate by year-end.
Nemaska Lithium is planning one big mine…
Nemaska Lithium (NMX-V, NMKEF-O) has made a splash twice in the first week of October with the release of a preliminary economic assessment for its Whabouchi lithium deposit in the James Bay region of northern Quebec and news of an off-take and…
ATAC finds new Carlin-style mineralization
ATAC Resources (ATC-V) says it has discovered a third area with Carlin-type mineralization at its Pharoah target in the Yukon. The Pharoah gold discovery was the junior’s second gold discovery this year.
Pac Booker hammered by BC gov’t denial
VANCOUVER — In a rare move, the B.C. Liberal government has opted to deny developer Pacific Booker Minerals (BKM-T, PBM-X) an environmental assessment (EA) certificate for its wholly-owned Morrison copper-gold project 65 km northeast of…
Claude juggles more production and shaft extension
Preliminary production results from Claude Resources’ (CRJ-T, CGR-N) Seabee Gold operation in Northern Saskatchewan are in and the results are better than expected.