El Morro hits a road bump
Following the Chilean Supreme Court’s move to temporarily suspend the environmental permit for the joint El Morro copper-gold project, an analyst opines the project should be shelved until the next decade.
2012
AuRico adds third mine to its portfolio
AuRico Gold (AUQ-T) has added another significant mine to Kirkland Lakes’ mining heritage.
Drilling lifts Lake Shore Gold
Shares of Lake Shore Gold (LSG-T, LSG-X) rose 8¢ or 8% to $1.04 with more than three million shares changing hands after the company released high-grade drill results from 26 holes at its Fenn-Gib project, 60 km east of Timmins.
U.S. equities in positive territory, Apr. 23-27
U.S. equities posted four straight days of gains during the Apr. 23-27 trading week despite lower than expected first quarter GDP growth of 2.2% (down from 3% in the fourth quarter of 2011) and renewed concerns about Spain as Standard &…
Roughing it: A roundup of diamond juniors
Afri-Can Marine Minerals (AFA-V) completed a sampling program last April at the EPL 3403 seabed diamond project off the coast of Namibia. The company recovered 84 diamonds, 15 of which…
Anglo takes the reins at De Beers
As global diversified miners BHP Billiton (BHP-N, BLT-L) and Rio Tinto (RTP-N, RIO-L) look to step out of the diamond business, a third, Anglo American (AAL-L), is diving in deeper….
Questions, but no answers (yet)
These are interesting times for an industry that is still recovering from the Great Recession. BHP Billiton and Rio Tinto announced in recent months that they’re looking to leave the…
Diamonds: as good as gold for investors?
The financial crisis of 2008 was the first time that many investors experienced first-hand the worst-case scenarios of investing. In response to that frightening experience, and the ongoing global financial…
Peregrine ready to dance with a new partner at Chidliak
When Peregrine Diamonds (PGD-T) lost BHP Billiton (BHP-N, BLT-L) as a 51% partner at Chidliak late last year, it didn’t look good for the junior. BHP’s withdrawal from the project…
Marange diamonds cast light on Kimberley Process shortcomings
In only a few years, Zimbabwe’s Marange diamond fields have transformed from a free-for-all of thousands of diamond prospectors sifting through dirt to a modernized, fenced-in area run by a…
Mountain Province Diamonds raising $47M for Gahcho Kué
To pay its share of initial capital costs at the $550-million Gahcho Kué diamond project, in the Northwest Territories, Mountain Province Diamonds (MPV-T, MDM-X) is planning a $47-million rights issue….
Crazy Horse moves Taysan ahead with prefeasibility study
VANCOUVER — Philippines-focused Crazy Horse Resources (CZH-V) has outlined a 15-million-tonne-per-year open-pit copper operation at its Taysan project in a prefeasibility study.