Pele Mountain Resources Inc

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…



At Wallbridge Mining's Broken Hammer copper-platinum-palladium-gold project near Sudbury, Ont., from left: manager of joint ventures Joshua Bailey; director Darryl Sittler; president and CEO Alar Soever; director Parviz Farsangi; and chairman Warren Holmes. Photo by Salma Tarikh

Wallbridge eyes producer status

It’s been a slow ride for Wallbridge Mining (WM-T), but one that has been picking up. With one spin out, another in the making and a project near production, the explorer is ready to change gears. 


At Pele Mountain Resources' Eco Ridge REE-uranium project in Elliot Lake, Ont. Photo by Pele Mountain Resources

Pele shares surge on Eco Ridge’s PEA

Pele Mountain Resources’ (GEM-V) shares got a healthy boost on the back of a positive preliminary economic assessment (PEA) that shows its Eco Ridge rare earth element (REE) and uranium project in Elliot Lake, Ont., could potentially be…


Wallbridge eyes producer’s status

Sudbury, Ont. – It’s been a slow ride for Wallbridge Mining (wm-t), but one that has been picking up. With one successful spin-out, another in the making and a project near production, the explorer is ready to change gears.


Pele shares surge on Eco Ridge’s positive PEA

Pele Mountain Resources’ (gem-v) shares continued to climb today on the back of a positive preliminary economic assessment (PEA) for the company’s Eco Ridge mine rare earths and uranium project in Elliot Lake, Ont.  


Pele Mountain Resources' president and CEO Alan Shefsky (centre) with directors in Elliot Lake, Ont. Photo by Pele Mountain Resources

Pele Mountain adds REEs to the mix

When Pele Mountain Resources (GEM-V) completed a scoping study in 2007 on its Eco Ridge mine project in Elliot Lake, Ont., the company didn’t even bother to include the deposit’s rare earth elements as a byproduct of the project’s planned…


Pele Mountain updates resource estimate

When Pele Mountain (GEM-V) completed a scoping study in 2007 on its Eco Ridge mine project in Elliot Lake, the company didn’t even bother to include the deposit’s rare earth elements as a by-product of the project’s planned uranium production.


Venture edges up in Jan. 24-28 period

Vancouver – Like gold and oil, The S&P TSX Venture Exchange swung down then up over the January 24-29 period, with the exchange eking out a slight gain. By the numbers, the Venture dropped a total of 79.43 points over three days while…


Venture dips in first week of 2011

Vancouver – The shortened first week of trading in the New Year saw the S&P TSX Venture Exchange experience a slight hangover after the holiday rally, down 62.46 points between January 4 and 7 to end the period at 2225.39 points.




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