Avalon soars on updated REE resource
Shares of Avalon Rare Metals (AVL-T, AVARF-O) rose 11.2% or 23¢ apiece to close at $2.28 on news that an updated resource estimate for its Nechalacho deposit at Thor Lake in Canada’s Northwest Te…
Canada
Cogitore shares up on single Scott Lake hole
New drilling on a massive sulphide discovery that Cogitore Resources (WOO-V) made in March at its Scott Lake c…
Prophecy fulfilling goals
Vancouver – The assets continue to pile up at Prophecy Resource (PCY-V, PRPCF-Q) with another proposed friendl…
Cliffs goes after Spider to get Big Daddy
Iron ore and coal giant Cliffs Natural Resources (CLF-N) has raised its offer for Spider Resources (SPQ-V) by …
Aurizon reads between the mines
Vancouver – With two underground gold deposits already being mined at the Casa Berardi project in northwestern…
Avalon Rare Metals up on updated resource estimate
Shares of Avalon Rare Metals (AVL-T, AVARF-O) shot up 11.2% or 23¢ apiece to close at $2.28 on news that …
Venture board has hard week
Vancouver – The second week of June did not start well for the S&P TSX Venture Composite Index, which fell…
TSX finishes June 8-14 period higher
The return of investor confidence over global recovery had the TSX Composite Index finishing the June 8-14 per…
Rubicon’s F2 returns high-grade gold intercepts
More drilling at Rubicon Minerals’ (RMX-T, RBY-X) 100%-owned Phoenix project in the Red Lake gold district of Ontario shows excellent grades extend to depth.
US$322M secured for Copper Mountain
VANCOUVER — International conglomerate Mitsubishi Materials has secured US$322 million in project financing for the Copper Mountain copper project in southwest British Columbia.
Romios explores next to Galore Creek (June 14, 2010)
Right now, nearly everything about Romios Gold Resources (RG-V) is small — its $1.3-million budget, its $15-million market cap and its 27-sq.-km Trek project– but the company believes that Trek’s lo…
Cliffs gets coy in Ring of Fire
While there were no earth-shaking events in the mining world for the first week of June, the industry continues to perk along, with plenty of M&A activity and ambitious exploration and mine develo…