VANCOUVER — For a capital investment of US$50 million, Klondex Mines (TSX: KDX) could turn its Fire Creek project into an underground mine churning out 56,000 oz. gold annually at an all-in cost of US$636 per oz., according to…
The following is an edited commentary by U.K.-based metals and energy analysts Wood Mackenzie.
The Dow Jones Industrial Average ended the week 0.43% higher at 16,583.34, on the back of remarks by U.S. Federal Reserve Chair Janet Yellen that the U.S. economy needs support, and that the central bank would keep monetary policy…
A prospect Angkor Gold (TSXV: ANK; US-OTC: ANKOF) picked up in northeastern Cambodia in 2012 may soon become the country’s first modern, commercial gold mine, president and CEO Mike Weeks says.
VANCOUVER — In its first full quarter operating Bisha as a copper mine, owner Nevsun Resources (TSX: NSU; NYSE-MKT: NSU) encountered some commissioning challenges, like higher-than-expected grades and a trucking bottleneck that filled the…
VANCOUVER — Here’s hoping Fission 3.0 (TSXV: FUU; US-OTC: FISOF) is a chip off the old block when it comes to uranium exploration success stories.
The Alaska State Legislature has unanimously passed a bill that authorizes the Alaska Industrial Development and Export Authority (AIDEA) to issue bonds of up to US$145 million to finance some of the infrastructure costs of Ucore Rare…
VANCOUVER — It’s early days for the team at Ximen Mining (TSXV: XIM; US-OTC: XXMMF), but president and CEO Christopher Anderson has big plans for its historic gold and silver projects in southern B.C. Ximen has locked down a pair of…
Outside of the all-too regular horrors of China’s underground mines, the coal mine explosion on May 13 at Soma, 250 km south of Istanbul in western Turkey, is the worst mine disaster in recent memory.
Virginia Mines (TSX: VGQ) made its name, and a fortune, with its Eleonore discovery Quebec’s James Bay territory, but that doesn’t mean that it is done with the region yet.
For the last seven months, Canadian junior Solid Resources (TSXV: SRW) and diversified mining heavyweight Glencore Xstrata (LSE: GLEN) have been completing due diligence on a group of sixty-two iron ore concessions in southeastern Spain known…
At First Nickel’s (TSX:FNI) underground Lockerby nickel-copper mine southwest of Sudbury, Ont., seismic activity that apparently preceded a fall in ground claimed the lives of two contract drillers: Marc Methe, 34, and Norm Bissaillon, 49.
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