Garrcon coming into sharper focus for Northern Gold
Northern Gold Mining (NGM-V) continues to advance its Garrison project in northern Ontario in leaps and bounds.
2012
First Nickel aims to use Lockerby as a launching pad
VANCOUVER — It’s been a long haul for Toronto-based developer First Nickel (FNI-T) as it strives to revive commercial production at its Lockerby nickel-copper mine outside of Sudbury, Ontario.
Sweeping changes proposed for environmental review process
VANCOUVER — The Canadian Government has outlined broad changes to the environmental assessment process in an effort to improve efficiency and certainty, but only when the legislation is tabled will it become clear how the government…
Friedland resigns from Ivanhoe Mines
Just a few months after Rio Tinto (RTP-N, RIO-L) took a controlling 51% stake in Ivanhoe Mines (IVN-T, IVN-N, IVN-Q), billionaire founder and chief executive Robert Friedland has resigned from the company along with five other members of the…
Energy Fuels to buy Denison’s U.S. uranium assets
Energy Fuels (EFR-T), which is striving to become a leading pure-play uranium producer, has recently entered a $106-million all-stock deal for Denison Mines’ (DML-T, DNN-X) uranium assets and operations in the United States.
Short Position Report
TSX Short Positions Short positions outstanding at Apr. 15/12 (with changes from Mar….
AuRico focuses on gold assets, divests El Cubo to Endeavour Silver
VANCOUVER — Toronto-based AuRico Gold (AUQ-T, AUQ-N) completed the sale of its El Cubo silver-gold mine in Mexico’s Guanajuato state and its Guadalupe y Calvo silver-gold exploration project in Mexico’s Chihuahua state…
First resource for Cliffs’ and First Point’s Decar
VANCOUVER — A maiden resource estimate on Cliffs Natural Resources’ (CLF-N) and First Point Minerals’ (FPX-V) Decar project in northern British Columbia has put almost 3 billion lbs. nickel in the ground.
Asian investment creates buzz about South American Silver
High-tech investors, materials manufacturers and end users of indium and gallium from Taiwan, Hong Kong, Japan and Korea have invested US$16 million in South American Silver (SAC-T, SOHAF-) in a private placement that has brought the…
Ivanhoe completes scoping study on Mount Elliott
Ivanhoe Australia’s (IVA-T, IVA-A) acquisition in September 2010 of the Osborne copper-gold processing complex in northwestern Queensland will help transform the company into a significant base metal producer and much of its mill feed is…
Venture continues decline in April 9 – 14 period
VANCOUVER — There was no end to the S&P TSX Venture Composite Index decline in the April 9-14 period, with the index dropping 21.11 points to 1,459.93 points. The continued decline of the index has left investors hesitant, with…
Endeavour takes root in West Africa’s goldfields through organic growth
VANCOUVER — Endeavour Mining (EDV-T, EVR-A) has ambitions of being the next mid-tier gold outfit. With two West African mines already in steady-state production, a third moving towards feasibility, and an aggressive US$30 million…