Industrial/Specialty Minerals



Wall Street marches higher, April 6-10

U.S. stocks rose for a second straight week. The Dow Jones Industrial Average advanced 294.41 points to 18,057.65 and the S&P 500 Index gained 35.1 points to finish at 2,102.06. Both indexes were up 1.7%. The Nasdaq Composite rose 2.2% to…



At the Prospectors & Developers Association of Canada convention in Toronto in March, from left: Al Shefsky, president of Pele Mountain Resources; Michael Gravelle, Ontario Minister of Northern Development and Mines; Janis Peleshok, director; Martin Cooper, vice-president of Aboriginal Affairs; and Margie Bugarin, resource administrator. Source: Pele Mountain Resources

Pele Mountain moves monazite processing plan ahead

When Pele Mountain Resources (TSXV: GEM; US-OTC: GOLDF) announced a strategy in October 2014 to extract and separate rare earth elements from monazite concentrate imported from overseas at its Eco Ridge project in Elliott Lake, the plan caught…


US equities jump, March 16-20

U.S. stocks rose on a declining dollar and higher gold prices at a slower-than-expected pace, which pushed up the main indexes.


View of the open pit at Almonty Industries' Los Santos tungsten mine 50 km from Salamanca in western Spain. Credit: Almonty Industries

Almonty voices interest in Ormonde

Almonty Industries (TSXV: ALL), a Toronto-headquartered company that describes itself as a specialist in acquiring distressed and underperforming tungsten assets, is turning its sights on Dublin-based Ormonde Mining (LSE: ORM).




TSX tumbles, March 9-13

Canada’s benchmark S&P/TSX Composite Index index fell during the trading week, losing 1.5% to close at 14,731.50 points. The S&P/TSX Global Gold Index dropped 1.8% to 157.90, as the spot price for gold gave back US$10 to end at…


Drill core at Commerce Resources' Blue River tantalum-niobium project, 250 km north of Kamloops, B.C. Credit: Commerce Resources

Commerce optimistic about finding project partners

Commerce Resources (TSXV: CCE; US-OTC: CMRZF) aims to complete prefeasibility studies for the Ashram rare earth element deposit on its Eldor project in Quebec, and the Upper Fir tantalum-niobium deposit on its Blue River project in B.C.


Loading rock into a haul truck at Mandalay Resources' Bjorkdal gold mine in northern Sweden. Credit: Mandalay Resources

Mandalay shines in tough markets

It’s no surprise analysts have been praising Mandalay Resources (TSX: MND; US-OTC: MNDJF) for meeting its production guidance and paying dividends, which many competing juniors are struggling to do in the bleak commodity price environment.


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