Japan’s Mitsubishi will invest US$94.9 million for a 25% stake in Stillwater Mining’s (SWC.U-T, SWC-N) Marathon project, a platinum group metal (PGM) and copper deposit near the north shore of Lake Superior, 10 km north of the town…
Richmont Mines (RIC-T, RIC-X) saw it shares tumble after publishing a preliminary economic assessment (PEA) for its Wasamac gold project in Rouyn-Noranda, Que.
Joining a growing list of mining companies that are reassessing their business strategies and core assets, Xstrata Coal, a subsidiary of diversified miner Xstrata (XTA-L, XSRAF-O), says it is looking to sell its 75% stake in the Donkin coal…
Once a company achieves upper-mid-tier status, as Agnico-Eagle Mines (AEM-T) has, it is faced with a different set of problems.
With grades over 10 times the world average, the Athabasca basin is home to some of the most economic uranium deposits in the world and one junior is looking to lock up a significant amount of that prospectiveness for itself.
VANCOUVER — Nunavut has been a tough place for gold companies of late, what with Newmont Mining (NMC-T, NEM-N) shelving its Hope Bay project and Agnico-Eagle Mines (AEM-T, AEM-N) being forced to cut years off its Meadowbank mine in the…
Potash Corp. of Saskatchewan (POT-T, POT-N) reported lower first quarter profits on the back of reduced potash sales and production volumes, revising its 2012 earnings guidance.
VANCOUVER — Manitoba’s Flin Flon greenstone belt has been yielding high-grade copper and zinc from its volcanogenic massive sulphide ore bodies for almost 85 years, but VMS Ventures (VMS-V) thinks there’s lots of…
VANCOUVER — Every so often a story comes along that draws everything into focus. In the mining industry the news of the day often involves high-grade drill results, production guidance estimates, or stock movement, but when Rodren…
Ben Ainsworth joined the board of Hathor Exploration in 2005 and served as vice president exploration during the junior’s development of its high-grade Roughrider uranium deposit in northern Saskatchewan’s Athabasca Basin, about 25…
VANCOUVER — With world populations marching ever upward, and an updated forecast from the U.S. Department of Agriculture estimating the largest U.S. corn crop in 75 years through 2012, it comes as no surprise that potash exploration…
VANCOUVER — In the 1980s Saskatchewan’s La Ronge gold belt was booming, with between 60 and 80 companies exploring on the ground and several hundred thousand ounces being pulled out of the ground. But a tough market and mixed…
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