Volume 100 Number 12 May 5 - 11, 2014

Facilities at Uranerz Energy's Nichols Ranch uranium mine in Wyoming.   Credit: Uranerz Energy

Uranerz Energy’s Nichols Ranch starts production

Uranerz Energy (TSX: URZ; NYSE-MKT: URZ) has become the newest member of a small club of uranium producers now that its first uranium mine — Nichols Ranch — received final clearance from the U.S. Nuclear Regulatory Commission and…

The Red Mountain gold project in northwestern British Columbia, which Revolution Resources has optioned from Seabridge Gold. Credit: Revolution Resources

Revolution turns to Red Mountain in BC

VANCOUVER — For Revolution Resources (TSX: RV) president and CEO Robert McLeod, the company’s recent acquisition of the Red Mountain gold property in northwestern B.C. is a lot like coming home.

U.S. equities down, April 21-25

The crisis in Ukraine, where five pro-Moscow rebels were killed on April 24, weighed on U.S. stocks during the trading week. The Dow Jones Industrial Average dropped 0.29% to 16,361.46, while the S&P 500 Index remained more or less…

Torex Gold gets $375M for Morelos in Mexico

It took a while, but Torex Gold Resources (TSX: TXG; US-OTC: TORXF) has closed its $375-million project-finance facility — enough to fully fund its El Limon–Guajes project at its Morelos property in Mexico right through to…

An outcrop at Sudbury Platinum's Aer-Kidd nickel-copper-PGM project in Sudbury, Ontario. Credit: Transition Metals

Royal Nickel buys 25% of Sudbury Platinum for $1.5M

Toronto-based explorer Royal Nickel (TSX: RNX; US-OTC: RNKLF) has seen its shares climb more than 50% since April, when it gave an upbeat outlook on nickel prices and announced acquiring a minority interest in a private company that’s…

Orex’s high hopes for Goldboro in NS

When mining financier Willie McLucas first visited Orex Exploration’s (TSXV: OX) Goldboro project in Nova Scotia in August 2013, he was excited by what he saw: One of Canada’s earliest gold mines that could become a producer once…

TSX moves up, April 21-25

Canada’s benchmark index gained during the week despite rising tensions in Ukraine, with the S&P/TSX Composite Index moving up 33 points to 14,533.57.

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