Ucore finishes Dotson Ridge PEA
Head of global research at Byron Capital Markets Jon Hykaway has raised his target price on Ucore Rare Metals (UCU-V, UURAF-O) to $1 per share — a 12-month estimate that he “still considers conservative” — after the…
United States
Market news: U.S. Markets
U.S. stock markets were closed for the Thanksgiving holiday on Nov. 22, and many Americans marked the occasion with a shopping spree. According to the National Retail Federation, 89 million Americans shopped online and in stores on Black…
Revett presses on in Montana
When Revett Minerals (RVM-T, RVM-X) restarted the Troy mine in northwestern Montana in December 2004, the property had a mine life of about four years, based on its known reserves.
Thompson Creek slumps, but Mt. Milligan on track
Thompson Creek Metals (TCM-T, TC-N) is sinking deeper into the red as it builds the $1.5-billion Mount Milligan copper-gold mine in central B.C., posting a third-quarter net loss of US$48.2 million, or US29¢ a share, compared with a profit…
Kinross reports strong Q3 results
Kinross Gold (K-T, KGC-N) shares have fallen by 15% since the beginning of October, but strong third-quarter results portend a turnaround is in store, analysts say.
Cliffs delays expanding Bloom Lake, curbs output for 2013
Cliffs Natural Resources (CLF-N) is hitting the brakes on its iron ore operations in North America, as fundamentals for the metal weaken with unstable prices and a drop in North American steelmaking.
Teras releases maiden resource at Cahuilla
VANCOUVER — Calgary-based explorer Teras Resources (TRA-V) has accomplished its first goal at its flagship Cahuilla gold-silver project in northwest Imperial County, California. On Nov. 30, the company pulled together historic data and…
Ucore completes Dotson Ridge PEA
Head of global research at Byron Capital Markets Jon Hykawy has raised his target price on Ucore Rare Metals (UCU-V, UURAF-O) to $1.00 per share — a 12-month estimate that he “still considers conservative” — after the…
West Kirkland sticks to its guns in Long Canyon
For president and CEO Michael Jones and his team at West Kirkland Mining (WKM-V), the path forward is clear: establish a strong land position in an emerging gold district, and operate with the tenacity and business savvy needed to stay there….
Coeur d’Alene shares hammered by weak Q3
Shares in Coeur d’Alene Mines (CDM-T, CDE-N) took a beating after the silver and gold miner posted a third-quarter net loss of US$15.8 million, or US18¢ a share, which included a non-cash, fair-market value adjustment of US$37.6…
Fronteer grads look to duplicate success with Pilot
With its coffers overflowing, Pilot Gold (PLG-T) is in the enviable position amongst juniors of being able to drive heavy exploration programs at two projects, while helping develop a third into a mine.It’s a story that has gained…
Cliffs delays Bloom Lake expansion, cuts 2013 iron ore output
Cliffs Natural Resources (CLF-N) is applying the brakes on its iron ore operations in North America as fundamentals for the metal weakens, citing unstable prices and a drop in North American steelmaking.