If you're among the many who consider investing in the junior resource sector nothing more than a crapshoot, look into Ahead of the Herd Publisher Rick Mills' steps to derisk the inherently risky business of investing in junior resource companies.
New Pacific Metals Corp. (TSX VENTURE:NUX) (the "Company") is pleased to announce assay results for the remaining holes drilled in 2011 at the Lake Zone of the Mt. Skukum gold deposit at its Tagish Lake Gold Project in Yukon Territory, Canada (the "Project"). It should be noted that in regards of the Company's stated resources, the bulk of the Project's resources are at the Skukum Creek deposit (which is a separate deposit from Mt. Skukum).
In the summer 2011, Uravan Minerals Inc (Uravan) completed multifaceted surface geochemical sampling programs on the Halliday Lake, Math, OR Extension, and Stewardson Lake projects [Press Release Link] in the Athabasca Basin1, Northern Saskatchewan [map link]. These surface programs capitalized on new surface geochemical technologies developed from a pilot study conducted at the Cigar West Uranium deposit (Cigar Lake Study)2 for the detection of buried unconformity-related uranium deposits in under-explored areas in the Athabasca Basin.
What does the new year hold for mining? If we truly knew, we would grow rich; we would buy and sell at the right time; and we would buy the right stock in the right commodities just before the price rose.
While many jurisdictions are working hard to prevent mining or mineral exploration, the province of Quebec is encouraging it.
A feasibility study released Wednesday for the Ajax copper-gold project estimates the capital costs at $795 million.
Shrinking Chinese export quotas and market sentiment have made for unpredictable prices for rare earth elements, but the real opportunity lies with mining stocks.
Anglo American (LON:AAL) has increased the capital expenditure budget for its largest project in development, the Minas-Rio iron ore mine in Brazil, by 15%, the London-listed major miner announced on Tuesday. That takes the capex for the project up to US$5.78 billion.
OAO GMK Norilsk Nickel, the world’s biggest producer of nickel and palladium, predicts demand for platinum group metals will rise as much as 5 percent next year, exceeding increases of as much as 3 percent for copper and nickel, as the global economy avoids a slump as severe as that seen in 2008.
NEW YORK, Dec 16, 2011 (BUSINESS WIRE) -- Patriarch Partners, LLC ("Patriarch"), a New York based private equity platform holding 76 companies today announced the acquisition of Hussey Copper, LTD ("Hussey"), a global leader in copper bus bar, and other copper product manufacturing. The 163 year old company operates manufacturing facilities in Leetsdale, PA and Eminence, KY with approximately 550 employees.