Analysts from Goldman Sachs (GS-N) have forecast commodity prices will increase by 15% in 2012, with the influential investment bank maintaining an ‘overweight’ recommendation on commodities for the next 12 months.
Results of an initial scoping study on the metallurgy at the Borden Lake project near Chapleau, Ontario are encouraging for Probe Mines (PRB-V).
K+S plans to go ahead with building its Legacy project in Saskatchewan’s highly prospective potash basin, with initial production expected in 2015.
Vancouver – Orbite Aluminae (ORT-T) has released some hard numbers as to the potential of its patented aluminum-extraction process and corresponding project that it promises will transform the industry.
BHP Billiton (bhp-n, blt-l) is considering leaving its diamonds business as it may no longer fit its modus operandi of boasting “large, long-life, upstream and expandable assets.”
Bayfield Ventures (BYV-V) released some impressive results from its Burns Block property in the Rainy River district of north-western Ontario.
Vancouver – The November 21-25 trading period was bleak on the S&P TSX Venture Composite Index, with the index dropping every day to end down 102.53 points at 1,505.14 points. Volume was also noticeably down at an average of 74 million…
Vancouver – Pretium Resources (PVG-T) has boosted gold and silver resources at its flagship Brucejack project in northwestern British Columbia by as much as 460% following a 72,000-metre drill program this summer.
The old Buchans mine headframe still stands tall at the end of Main Street in this small Newfoundland town. The structure is a constant reminder for the 750 or so residents that the town’s history is inextricably linked to mining.
Timmins-focused junior Lake Shore Gold (LSG-T, LSG-X) had been aiming for a 6-million to 8-million-oz. gold resource by early next year. But the company has already achieved this goal by tabling initial resources for its Thunder Creek and…
The battle over Hathor Exploration (HAT-T) and its Roughrider high-grade uranium project in the Athabasca basin continues to heat up, with Rio Tinto (RIO-N, RIO-L, RIO-A) trumping Cameco’s (CCO-T, CCJ-N) latest offer.
Stornoway Diamond (SWY-T) has completed a feasibility study of its wholly owned Renard diamond project in Quebec’s Otish Mountains region that shows potential for a robust, long-life operation, albeit at higher capital costs than expected.
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