Uranerz reports loss as drive to production continues
As Uranerz Energy (URZ-T, URZ-X) drives to put its part of Wyoming’s Powder River Basin into commercial production this year, it will likely have to top up its coffers.
United States
Northern Vertex plans for pilot production at Moss
VANCOUVER – Northern Vertex Mining (NEE-V) wants to get into production as soon as possible and the junior just took a big step in that direction, with a preliminary economic assessment (PEA) of its Moss project in Arizona that lays out a…
Midway gets key permit; pushes Pan closer to production
Midway Gold (MDW-T, MDW-X) is closer now to production than it was at the week’s outset.
Mercator takes US$120M writedown on El Creston
Mercator Minerals (ML-T) had a difficult year in 2012 but one that ended with improved operations and a stronger balance sheet, despite taking a US$119.8 million write-down on its El Creston molybdenum-copper project in Mexico.
Tintina grows Black Butte copper count
VANCOUVER – With an upgraded resource estimate for a second deposit at its Black Butte project in Montana now in hand, Tintina Resources (TAU-V) is ready to revamp the project’s recent economic assessment while it awaits permission to…
Premier an up-and-comer in the royalty space
Investors holding paper in most gold producers and explorers have been disappointed recently, but it’s been a different story for investors in gold royalty companies.
Wall Street ends on a high note
U.S. stocks ended in positive territory during the March 4–8 trading week, helped by strong jobs data.
Commentary: Juniors vulnerable to running afoul of US anti-bribery laws
Imagine this: a small mining company in Denver hires a consultant in a small African country to buy mining rights to a promising gold acreage. The company feels lucky to have hired the consultant because he is well known and connected in the…
Hecla trumps Alamos with deal to acquire Aurizon
VANCOUVER — Hecla Mining (HL-N) and Aurizon Mines (ARZ-T, AZK-X) started talking about a business combination in 2006, but couldn’t agree on the terms. However, they liked each other enough that they maintained contact, waiting…
Uranerz set to benefit from uranium upswing
VANCOUVER — Uranium juniors have had a tough time over the past two years, but Wyoming-focused developer Uranerz Energy (URZ-T, URZ-X) looks poised to capitalize on a recent uptick in the nuclear market, with an enviable land position in…
Florence prefeasibility lifts Curis
VANCOUVER — Curis Resources (CUV-T) bucked two of the mining sector’s most persistent problems — creeping capital costs and rising operating expenses — with a prefeasibility study for its Florence copper project in…
Thompson Creek looks challenges in the eye
First the good news: Thompson Creek Metals (TCM-T) says it has enough cash to complete construction of its recently acquired Mt. Milligan copper-gold deposit near Prince George, British Columbia, and that the project remains on target for…