Greater knowledge from mining and development work over the last year and a half, results from infill drilling and a reinterpretation of drill results have culminated in an updated resource estimate for Lake Shore Gold’s (LSG-T, LSG-X)…
Toronto Stock Exchange
A preliminary economic assessment (PEA) of Queenston Mining’s (QMI-T) flagship Upper Beaver project in northern Ontario envisions producing 120,000 oz. gold and 5.3 million lbs. copper a year at attractive cash costs using low-cost,…
Shares of GTA Resources and Mining (GTA-V) surged $1.29, or 529% in a day to $1.54 on 7.8 million shares traded after the company released drill results from the Northshore gold property in Ontario’s Hemlo-Schrieber greenstone…
Tuesday, Feb 21, 2012
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 20, 2012 (change from Feb. 13 in brackets):
BHP Billiton (BHP-N) and Rio Tinto (RIO-N) are feeling optimistic about copper. Six weeks into the first quarter of 2012, the two mining giants have unveiled plans to commit over US$4 billion to expand copper production at operations in Chile…
All it took was a bigger dividend and a bit of explaining for Kinross Gold (K-T, KGC-N) to gather some wind behind its back again.
Antimony: Mid-mkt US$12,950.00/t
In a sign of the times that would make any union leader do a double take, Rio Tinto has announced that it and a minority partner will spend US$518 million on robotrains to haul its iron ore in Western Australia’s Pilbara region.
This is one of those “good problems” you hear about from time to time in business. After weathering the punishing collapse in demand for commodities that began in 2008 and dragged on for more than two years, the mining industry has…
The Canadian government’s decision to spend up to $55 million building a deep-water, multi-user dock at the Port of Sept-Îles on Quebec’s North Shore that complies with the iron ore industry’s new loading…
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