Rye Patch pounces on Coeur d’Alene’s lapsed claims
Rye Patch Gold (RPM-V) shares surged 84% to 71¢ on Dec. 5 on news the junior scooped up lapsed mining claims from Coeur d’Alene Mines (CDM-T, CDE-N) in Nevada’s Rochester mining district.
United States
NovaGold, Barrick table feasibility on Donlin
A second feasibility study on the Donlin gold project in southwestern Alaska puts capital costs at US$6.7 billion – down from US$7 billion – and includes US$834 million for building a 500-km natural gas pipeline and US$984 million in…
Updated: Accusations fly in Mosquito Consolidated boardroom scuffle
Vancouver – Weeks of mounting tension between opposing factions of the board of Mosquito Consolidated Gold Mines (MSQ-V) came to the fore at the company’s annual general meeting on December 16 as shareholders finally had their say in the…
Western Lithium completes prefeasibility on Kings Valley
Jay Chmelauskas bought his 100%-electric Nissan Leaf about a month ago and charges its battery at one of two charging stations across the street from the Pan Pacific Hotel in downtown Vancouver. The car gets him around town and his family…
Molycorp delivers on magnet-making deal
In August Molycorp’s (MCP-N) proposed partnership with Hitachi Metals to create a joint venture that would manufacture neodymium-iron-boron (NdFeB) alloy and permanent rare earth magnets fell through when the two companies failed to reach an…
NovaGold completes feasibility on Donlin
An updated feasibility study on the Donlin gold project in southwestern Alaska puts capital costs at US$6.7 billion–down from US$7.0 billion–and includes US$834 million for the construction of a 500 km natural gas pipeline and US$984…
Rye Patch locks horns with Coeur d’Alene
Shares of Rye Patch Gold (RPM-V) surged 84.4% to close at 71¢ yesterday on news that the junior had scooped lapsed mining claims from a subsidiary of major Coeur d’Alene Mines (CDM-T, CDE-N) in the Rochester mining district of Nevada.
Goldman Sachs predicts commodity prices to rise 15% in 2012
Analysts from Goldman Sachs (GS-N) have forecast commodity prices will increase by 15% in 2012, with the influential investment bank maintaining an ‘overweight’ recommendation on commodities for the next 12 months.
Molycorp’s Mountain Pass: A made-in-America solution
In late October Molycorp (MCP-N) bused journalists from Fortune, Wired, Mother Jones and The Northern Miner, among others, down Interstate Highway 15 from Las Vegas to meet president and chief executive Mark Smith and tour the company’s…
Coeur’s Rochester poised for a comeback
As the sun rises over the distant hills in Lovelock, Nev., we begin a short drive on Interstate Highway 80 before snaking up the paved roads to Coeur d’Alene Mines’ (CDM-T, CDE-N) Rochester silver-gold mine, located 41 km northeast in Pershing…
Midway pushes Pan to feasibility
Midway Gold’s (MDW-V, MDW-X) new feasibility study for its Pan gold project in White Pine Cty., Nev., shows it’s viable to build at various gold prices.
Something’s brewing in Idaho
Idaho is becoming a popular mining destination, and with the Fraser Institute recently ranking the U.S. state as the fifth-best jurisdiction in the world for mining, that trend is likely to continue.