Industrial/Specialty Minerals

A truck hauls ore at Fortune Minerals' NICO gold-cobalt-bismuth-copper project in the Northwest Territories during test mining conducted in 2006 and 2007. Source: Fortune Minerals

Procon invests $12M in Fortune Minerals

Procon Resources, a Vancouver-based mining contractor that is majority owned by China CAMC Engineering, is making an $11.7-million strategic investment in Fortune Minerals (TSX: FT) at a price of 40¢ per share — a 14% premium over…


A closeup view of the equipment at Quest Rare Minerals' Pilot plant in Mississauga, Ont. (2013). Photo: Salma Tarikh

Quest to sell 100% of Strange Lake’s zirconia to TAM

Quest Rare Minerals (TSX: QRM; AMEX: QRM) received a much-needed boost after reporting that it intends to sell 100% of the anticipated annual zirconia production from its Strange Lake rare earth deposit in northern Quebec to New York-based…


Orbite inks offtake deal with Glencore

Orbite Aluminae (ORT-T) has gained another vote of confidence from a major for its innovative technique to produce alumina from its aluminous clay deposit in Quebec, sending its shares soaring.


The camp at Avannaa Resources' Washington Land lead-zinc project in northern Greenland. Source: Avannaa Resources

Greenland’s timeless allure

Avannaa Resources is a privately held exploration company founded by three geologists from Britain and Denmark who pooled their interest and experience in Greenland. It may be an unfamiliar name to many, but over the last nine months, the…


Fortune Minerals gets strategic investment

Procon Resources, a Vancouver-based mining contractor that is majority owned by China CAMC Engineering Co., is making an $11.7 million strategic investment in Fortune Minerals (FT-T) at a price of 40¢ per share — a 14% premium over…



Allana adds major potash tonnage at Danakil

VANCOUVER — Just four months after releasing a feasibility study on its wholly-owned Dallol potash asset in Ethiopia’s northeastern Danakil Depression, Toronto-based junior Allana Potash (AAA-T) has followed up with a new resource…


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…



Avanti Mining's Kitsault molybdenum project in British Columbia. Source: Avanti Mining

Avanti locks down off-take agreement with ThyssenKrupp

VANCOUVER — Pitching a large-scale molybdenum mine is likely not an easy task in today’s market, but Vancouver-based junior Avanti Mining (AVT-V) has proven that there is still a global demand for the industrial metal. The company…


Ceasefire brings hope to Great Quest in Mali

For over a year, Great Quest Metals’ (GQ-V) Tilemsi phosphate project in Mali has been in limbo, waiting for peace to return to the remote northern corner of the troubled West African nation.



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