CHART: The gold price may grab headlines, but coal's rally comes as a shocker – thermal prices are up 22% in 2016 and coking coal's back in triple digits.
James Sykes disregarded management directive and kept the drill going. He had already waited a year to finally drill ‘Area C’, and had just cleared the overburden before the call came down to pack up and head back south.
Rick Rule is seeing new customers pouring into gold from across the spectrum. Uranium is perhaps even more exciting, as everything that needs to be in place for a truly incredible bull market is there.
The company said financial losses at the mine threaten the viability of the rest of the Cooke operations, which include four mines and three processing plants.
Red metal production at the copper-uranium mine is expected to hit around 230,000 tonnes by 2021, but there is potential for up to 450,000 tonnes per year.