United States

Cameco's McArthur River uranium mine located in northern Saskatchewan.  Source: Cameco

Final HEU shipment a catalyst for uranium industry

The final shipment of highly enriched uranium (HEU) to the U.S. from nuclear disarmament and military stockpiles in Russia under the 1993 Megatons to Megawatts agreement left St. Petersburg on Aug. 21, and analysts believe the end of the…


U.S. Antimony is all-in in Mexico

During the Second World War, Mexico dominated the antimony market, producing more than 30 million lb. per year. But the country lost its edge in subsequent decades, primarily due to inadequate smelting and milling facilities, and…


Lundin has consolidation opportunities, Laurentian Bank says

Chris Chang of Laurentian Bank Securities has initiated coverage of Lundin Mining (TSX: LUN) with a buy rating and a target price of $5.50 per share and argues the company is well positioned to capitalize on the weak commodity price environment…


Looking northwest at the Samaniego pit at McEwen Mining's El Gallo 1 gold-silver mine in Sinaloa, Mexico. Source: McEwen Mining

McEwen Mining’s record Q2, new optimism on Argentina

Even with an after-tax, non-cash impairment charge of US$123.6 million related to the decline in metal prices and potential costs associated with a 1% tax on economically viable mineral reserves in Argentina’s Santa Cruz province, McEwen…



Thompson Creek posts solid Q2

Higher-than-expected sales and improved realized prices for molybdenum drove up Thompson Creek Metals’ (TSX: TCM; NYSE: TC) second-quarter results, and the company expects to start up its mill at Mt. Milligan any moment.


A drill rig  at Powertech Uranium's Aladdin project in northeast Wyoming (2007). Source: Powertech Uranium

Azarga takes stake in Powertech

Azarga Resources, a Hong Kong-based private uranium investment firm founded by mining executive Andrew Molyneux, has bought 17.5% of Powertech Uranium’s (TSX: PWE; US-OTC: PWURF) outstanding shares and agreed to take a 60% stake in the…





The exploration camp at International Tower Hill's Livengood project in Alaska. Source: International Tower Hill

ITH’s Livengood struggles at today’s gold price

It doesn’t look like International Tower Hill Mines’ (TSX: ITH; NYSE: THM) huge Livengood gold project in Alaska will be hosting a mine construction crew any time soon. The company has released a feasibility study…


Construction at Barrick's Cortez gold mine in Nevada. Source: Barrick Gold

Barrick takes US$8.7B impairment charge

Barrick Gold (TSX: ABX; NYSE: ABX) is writing down the value of its assets by US$8.7 billion and slashing its quarterly dividend in response to the recent decline in metal prices.  


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