Kirkland Lake adds ounces
Gold for $8 an oz. sounds like quite the bargain even when it’s only based on direct drilling costs. That’s th…
Canada
Molycorp to raise US$420 M in IPO for rare earths mine
Molycorp, owner of the Mountain Pass rare earth element mine in California, is going ahead with an initial pub…
Venture unsettled over July 5-9
Vancouver – The first week of July provided a rough ride for the S&P-TSX Venture Composite Index, as the b…
Commentary: mining execs still optimistic despite tough Q2
The following are the findings of the Mining Recruitment Group’s latest Mining Executive Outlook survey, which…
Agnico opens Meadowbank
MEADOWBANK, NUNAVUT — Once all the speakers presented at Agnico-Eagle Mine’s (AEM-T, AEM-N) Meadowbank gold mine opening ceremony, attendee Rick Olsen, a contractor based out of nearby Baker Lake, leaned over and said “People don’t realize…
Fjordland, Cariboo shift Woodjam
HORSEFLY, B.C. — There is little for a geologist to see while driving along the dirt roads outside the town of Horsefly. The logging roads that crisscross the forests are mostly punctuated with cattle fields and clear cuts, not rock…
End in sight for Vale strike
It looks like the bitter and dogged strike in Sudbury and Port Colborne, Ont., that has stretched on for almost a year might soon be over now that Brazilian mining giant Vale (VALE-N) and the United S…
Cliffs gets control of Big Daddy (July 12, 2010)
Spider Resources (SPQ-V) has called off its merger with KWG Resources (KWG-V), leaving it free to be swallowed by Cliffs Natural Resources (CLF-N). It ends the battle for control of the high-grade Big…
More rare gems at Shore Gold’s Star
It’s not every day that parallels are drawn between the vast plains of central Saskatchewan and the Kingdom of Lesotho, a mountainous, landlocked country in southern Africa. But Shore Gold (SGF-T) say…
Taseko falls 20% on Prosperity’s environmental review
VANCOUVER — The language in the federal review panel’s environmental assessment on Taseko Mines’ (TKO-T, TGB-N) Prosperity gold-copper project in British Columbia was harsh, and the market reaction e…
Avalon’s Nechalacho prefeasibility proves positive
Avalon Rare Metals’ (AVL-T) president Don Bubar is reminding investors and analysts that the $899.7-million price tag to develop Canada’s first primary rare earth element mine — the Nechalacho projec…
Victory Nickel hits new mineralization at Minago
Vancouver – Victory Nickel (NI-T) has drilled nickel mineralization north of the main deposit at its Minago ni…