Energy Fuels looks to be the name in US uranium mining
Uranium prices look poised to finally come back around, and Energy Fuels (TSX: EFR; US-OTC: EFRFF) is hoping to be one of the first places for investors to park their capital.
United States
NovaCopper defines open-pit mine in Alaska
NovaCopper (TSX: NCQ; NYSE-Arca: NCQ) — a junior explorer that NovaGold Resources (TSX: NG; NYSE-Arca: NG) spun out early last year to explore and develop its Upper Kobuk mineral projects in the Ambler mining district of northwestern…
Laramide’s Henderson takes the long view
Laramide Resources (TSX: LAM; US-OTC: LMRXF; ASX: LAM) ended 2012 with an enterprise value of less than US$1 per lb. in the ground for its district-scale uranium resource in Australia and a handful of smaller projects in the U.S. — yet…
Midas gets a $9.8M infusion from Teck
Midas Gold (TSX: MAX; US-OTC: MDRPF) should have enough cash to advance its Golden Meadows gold-antimony-silver project in Idaho until the end of 2014, thanks to a strong endorsement from Teck Resources (TSX: TCK.B; NYSE: TCK).
Aurcana shares pop on Red Kite loan proposal
VANCOUVER — Shareholders of Vancouver-based silver producer Aurcana (TSXV: AUN; US-OTC: AUNFF) received some good news at the end of June, as the company released details of a terms sheet from U.K.-based metal merchant RK Mine Finance…
Eurasian rethinks Arizona’s copper riches
PHOENIX, ARIZONA — “Here we are, in the middle of one of the most productive copper districts in the world — Arizona — and we were able to just stake this ground,” says David Cole, president and CEO of Eurasian…
Toronto Stock Exchange, June 24-28
The Toronto Stock Exchange closed trading in positive territory, with the S&P/TSX Composite Index gaining 133 points, or 1.11%, to 12,129.11. Despite the boost, the index is down 2.45% year to date.
Rye Patch settles claim dispute with Coeur Mining
VANCOUVER — It took nearly two years, but Vancouver-based junior Rye Patch Gold (RPM-V) has finally reached a legal settlement with U.S.-based silver producer Coeur Mining (CDM-T, CDE-N) over ownership of 400 unpatented mining claims that…
Premier expands Cove’s resource envelope
In the latest batch of results from 20 holes drilled into the Helen Zone at Premier Gold Mines’ (PG-T, PIRGF-O) Cove gold project in northeastern Nevada’s Eureka-Battle Mountain Trend, 19 hit mineralization.
Ned Goodman’s rebellion won’t take Formation
VANCOUVER — Shareholders and a Supreme Court judge stymied an attempt by 17% shareholder Dundee (DC-T) to install new management and block an asset sale at Formation Metals (FCO-T), after a disagreement over how the cobalt-focused company…
Corvus bumps up economics at North Bullfrog
An optimized preliminary economic assessment (PEA) for Corvus Gold’s (KOR-T) North Bullfrog open-pit gold-silver project in southern Nevada has outlined a slightly larger project with substantially better returns.
Western gets $32M for Milestone from Chinese firms
Western Potash (WPX-T) has lined up $32 million to develop its Milestone potash deposit in Saskatchewan, giving it some breathing room to secure more funds to advance its $3.3-billion project.