2012

Corvus considers two-stage development at Bullfrog

VANCOUVER — Vancouver-based explorer Corvus Gold (KOR-T) has released an amended preliminary economic assessment (PEA) on its wholly-owned North Bullfrog gold project in southern Nevada that models a heap-leach operation averaging 74,800…


Workers at Western Potash's Milestone Project. Source: Western Potash

Western Potash up on positive Milestone feasibility

Western Potash (WPX-T) gained nearly 7% after publishing a positive feasibility study that showed the proposed Milestone potash solution mine near Regina, Sask., could produce 2.8 million tonnes of potassium chloride (KCl) a year for 40…




Dolly Varden hopes to find the next Eskay Creek

VANCOUVER — The management team at Vancouver-based Dolly Varden Silver (DV-V) had been keeping its eye on an intriguing piece of mining history in northwestern British Columbia’s Stewart complex for quite some time. Both Chairman…


Freeport bets on oil and gas

Freeport-McMoRan Copper & Gold’s (FCX-N) surprise decision to buy two oil and gas companies in a deal involving cash and shares worth nearly US$10 billion has divided analysts on whether the acquisitions make sense. 



A helicopter at Ucore Rare Metals' Bokan Mountain REE project  in southeastern Alaska. Source: Ucore Rare Metals

Ucore finishes Dotson Ridge PEA

Head of global research at Byron Capital Markets Jon Hykaway has raised his target price on Ucore Rare Metals (UCU-V, UURAF-O) to $1 per share — a 12-month estimate that he “still considers conservative” — after the…


An eastward view towards the Minapampa orebody (centre, in flat, grassy area) at Minera IRL's Ollachea gold project in late 2011. Artisanal miners' structures can be seen at the valley bottom, and hidden even deeper in the valley in the distance is the village of Ollachea. The tunnel portal is in the adjacent valley to the left. Photo by John Cumming

Ollachea delivers for Minera IRL in Peru

Lima-based gold miner Minera IRL (IRL-T, MIRL-L) has completed a definitive feasibility study on its wholly owned Ollachea gold project in southeastern Peru that shows strong potential for a robust underground mine that could produce 113,000…


Workers at Inmet Mining's Cobre Panama copper project in Panama. Source: Inmet Mining

Inmet rejects First Quantum’s takeover bid

Inmet Mining’s (IMN-T) shares climbed after two announcements on Nov. 28 indicated the miner has turned down a second takeover bid from First Quantum Minerals (FM-T) and adopted a shareholder rights plan to provide more time to…


Drillers at Amara Mining's Baomahun gold project ,180 km east of Freetown, Sierra Leone. Source: Amara Mining

Amara hedges its bets, not its gold

When Rand Merchant Bank contacted Peter Spivey three years ago about meeting with the legendary founder of Cluff Gold, now known as Amara Mining (AMZ-T, AMA-L), to see whether he could help the company with its troubled assets in West Africa,…


First Quantum produces first nickel at Kevitsa

First Quantum Minerals (FM-T, FQM-L) has started commercial production at its Kevitsa open-pit, nickel-copper mine in northern Finland. The wholly owned project is the company’s second major foray into nickel, following the 2011 relaunch…


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