Volume 98 Number 43 Dec 10 - 16, 2012


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…



Supporters of Astur Gold's Salave gold project at a November demonstration in the village of Tapia de Casariego in northwest Spain. The event was organized by a group called Trabajo Ya, Mina S (Yes to Work, Yes to the Mine). Source: Astur Gold

Astur gets positive EIS in Spain

Shares of Astur Gold (AST-V) jumped 50% to $1.08 on news that the Asturian government had issued a positive environmental impact statement (EIS) on its 100%-owned Salave gold project in Spain, which the junior describes as one of the largest…



Drillers at Tower Resources' JD gold-silver property, 300 km north of Smithers, British Columbia. Source: Tower Resources

BC mining sits under cloud of 2013 election

Denial and defiance came first. It seemed inconceivable for miners that a New Democratic Party government could take the reins following a B.C. election in May 2013. But as political tides swell in favour of NDP leader Adrian Dix — and a…



Facilities at BHP Billiton's Olympic Dam copper-uranium-gold mine in South Australia, where the company has delayed a US$30-billion expansion amid rising capital costs. Source: BHP Billiton

Deloitte urges focus and discipline

In its annual report on mining trends, financial consulting firm Deloitte has a message for industry players: don’t sacrifice future growth in the name of short-term capital savings. Deloitte further runs down its picks as the top-10…


El Nino Ventures' Murray Brook polymetallic massive sulphide project in New Brunswick. Source: El Nino Ventures

El Nino sees progress at Murray Brook

It has been a busy year for Vancouver-based El Nino Ventures (ELN-V). The company released results from a US$3-million, 18,500-metre drill program on its Murray Brook polymetallic massive sulphide project, 60 km outside of Bathurst, N.B., with…


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