Volume 97 Number 21 Jul 11 - 17, 2011

Canadian Lithium CEO Peter Secker, second from left, with colleagues at Quebec Lithium project in 2009. Photo by Photo by Alisha Hiyate

Canada Lithium looks to rebound

Canada Lithium (CLQ-T) is ready to move on from a shrinking-resource fiasco at its Quebec Lithium project near Val d’Or, Que., and has recently tabled an updated feasibility study of the project that shows it is still viable. 

Market unimpressed with Rubicon’s PEA for F2

Rubicon Minerals (RMX-T, RBY-X) fell $1.12, or 23.9%, to close at $3.56 per share with more than 4 million shares traded in Toronto after the company released a preliminary economic assessment (PEA) of its 100%-owned F2 gold system, part of its…


Aurizon Mines – David Hall resigning as president & CEO on Aug. 15, but will continue as chairman; George Paspalas to be appointed president and CEO on Aug. 15.

Bear Creek loses Santa Ana

Already hit by a retreat in the silver price, a leftist presidential victory, and rumblings of local discontent, Bear Creek Mining (BCM-V) was broadsided on June 25 by the Peruvian government’s decision to revoke the licence for its Santa Ana…

First Quantum contemplates smelter

With concerns mounting about Zambia’s maxed-out smelting capacity, First Quantum Minerals (FM-T, FQM-L) is evaluating whether the time has come to build and operate a copper smelter. A decision will be made later this year.

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