Canada

Pele Mountain updates resource estimate

When Pele Mountain (GEM-V) completed a scoping study in 2007 on its Eco Ridge mine project in Elliot Lake, the company didn’t even bother to include the deposit’s rare earth elements as a by-product of the project’s planned uranium production.


Northern Gold drills for Ontario’s next big thing

With so many gold juniors vying for investor’s attention, it can be an ever more daunting task separating out the projects that will outshine the rest. Since assessing exploration projects has always been a relative game, projects that meet…


Pretivm Resources is off to a good start

After twenty-five years at the helm of Silver Standard Resources (SSO-T, SSRI-Q), Robert Quartermain is back in action with a start-up company called Pretivm Resources (PVG-T) that listed in December at $6.00 per share and is trading today at…


Richmont posts resource for Wasamac property

Since joining the ranks of gold producers in 1991, Richmont Mines (RIC-T, RIC-X) has produced more than 1.2 million ounces of gold from its operations in Quebec, Ontario and Newfoundland and by the middle of this year expects to add production…


Venture climbs Feb. 14-18

Vancouver – The S&P TSX Venture Exchange made respectable gains in the Feb. 14-18 week, up 66.12 points after climbing all five days to close at 2423.68 points. Volume averaged 202 million shares traded daily, while 143 companies hit…




Cliffs Natural Resources' Black Thor chromite project near McFauld's Lake in northern Ontario. Photo by Cliffs Natural Resources

Cliffs says Ontario’s electricity prices are too high

Cliffs Natural Resources (CLF-N) is warning that high electricity rates in Ontario are forcing it to widen its search for a location to build a proposed ferrochrome production facility that will use a closed electric arc furnace to treat ore…




Fire River Gold completes PEA on Nixon Fork gold mine

Capital costs to resume production at Fire River Gold’s (FAU-V, FVGCF-O) flagship Nixon Fork underground gold mine in Alaska are estimated at US$6.3 million with a projected payback of three months according to a preliminary economic assessment.


Taseko to add capacity at Gibraltar mine

Taseko Mines (TKO-T, TGB-X) wants to take advantage of robust copper prices and expand capacity at its 75%-owned Gibraltar mine in the Cariboo region of British Columbia and Williams Lake. 


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