New lithium junior debuts on the Venture
New lithium junior, International Lithium (ILC-V), listed on the Venture Exchange today, opening at 25¢ apiece.
2011
Pan Terra heads to Africa in search of gold, copper
Vancouver – From the ashes of a high-flying hydrogen fuel cell promotion and later a construction-site preparation and excavation business, Pan Terra Industries (PNT-V) has emerged once again to reinvent itself as a mineral explorer.
U.S. equities down yet again, May 16-20
Uncertainty about the outcome of the euro zone’s debt problems continued to weigh heavily on U.S. equity markets during the May 16-20 trading week. The week ended with Fitch ratings agency’s downgrade of Greece. The Dow Jones Industrial Average…
Late rally leaves Venture down only slightly in May 16-20 period
Vancouver – A market rally in the latter half of the May 16 – 20 period saved the S&P TSX Venture Composite Index from another period of sharp decline. The index ended at 2,031.44 points, down only 6.78 points after declining almost…
Iamgold sees big potential at Niobec (May 23, 2011)
By re-evaluating the mining method at its niobium-producing Niobec mine in Quebec, Iamgold (IMG-T, IAG-N) found that it could significantly increase the contained resource and production rates with a switch to bulk mining.
lonore glitters for Goldcorp
Goldcorp (G-T, GG-N) considers the Éléonore gold project in Quebec’s James Bay region as a cornerstone of its next generation of gold growth projects.
Eldorado advances Tocantinzinho in Brazil
Eldorado Gold (ELD-T, EGO-N) predicts production from its newly acquired Tocantinzinho gold project in central Brazil will average 159,000 oz. per year over an 11-year mine life starting in late 2014, at cash operating costs totaling about…
Greystar gets underground study on Angostura
Greystar Resources (GSL-T) has released an underground-only scoping study of its beleaguered Angostura gold-silver project in northeastern Colombia.
Uranium One’s Q1 revenues, profits on the rise
Uranium One’s (UUU-T) first-quarter profits rose substantially to US$14 million over the same period last year, which saw a net loss of US$1.4 million, but was still below market expectations.
$80B Plan Nord aims to attract more miners to Quebec
Up until about two months ago, management at Western Troy Capital Resources (WRY-V) thought the company might have to come up with as much as $70 million in a public-private cost-sharing partnership to build the Otish Mountain Road, which will…
Forging deals in the Labrador Trough (May 23, 2011)
As the acquisition of Quebec-focused iron ore producer Consolidated Thompson Iron Mines (CLM-T) by resource giant Cliffs Natural Resources (CLF-N) finally comes to a close, investors can’t help but wonder which company in the area is next in…
Agnico-Eagle digs deeper in Quebec (May 23, 2011)
Agnico-Eagle Mines’ (AEM-T, AEM-N) Goldex, Lapa, and LaRonde gold mines in Quebec are getting a slice of the company’s largest-ever US$145-million global exploration program this year.