Junior Mining News

UN court won’t dismiss Stans Energy claims against Kyrgyz Republic

The decision means the $210 million arbitration against the Kyrgyz Republic will advance to the merits stage, the Canadian junior said.

Why 11 of the largest gold funds and majors are all invested in this junior gold company

IDM Mining, led by Robert McLeod, is the little engine that could.

Stans Energy reaches ‘amicable’ deal with former CFO over her dismissal

In March last year, Anna Kuranova sued the company alleging to have been fired wrongfully.

Canadian miner profit hit by Codelco’s striking contractors, snow storm

Cerro Grande said the events had adversely impacted operations at its Pimenton mine in Chile, and will have a negative impact on its fourth fiscal quarter, ending Sept. 30, 2015.

Canadian court to hear Stans Energy appeal over Kyrgyz Republic’s unpaid $118M

The frozen payment corresponds to what the Kyrgyz Republic was told by an international arbitration court to give Stans for revoking its rare earth mining licenses in the country.

Stans Energy kicks off fresh legal actions over Kyrgyzstan's $118 million pending payment

The Canadian rare earths junior is appealing a Moscow court decision of Moscow City Arbitrazh Court of not allowing it to obtain a sum related to the loss of its Kutessay II mine.

Gold reserves dip at Primero's Mexico mine

Toronto-based Primero Mining reported Wednesday lower gold reserves at its San Dimas operation, impacted by lower price assumptions, while silver reserves rose.

Struggling Australian junior to grow cannabis in Canada

The move makes of Capital Mining the first ASX-listed, Canada-based company to hold a stake in a licensed marijuana grower.

Commodity slump forces BC Iron to quit Brazilian project, revalue mines

The Australian junior iron ore producer is also studying whether it needs to write down the value of any ­assets ahead of next month’s half-year result.

Stans mining licence rightfully acquired — Kyrgyz Supreme Court

Stans acquired a 20-year mining license for the past-producing Kutessay II rare earth mine in December 2009, but a local company had claimed being the rightful owner of such permit.

Tango Gold acquires mining and related assets in South Africa

The Canadian junior has entered into an arms-length definitive acquisition agreement with private South African companies.

Mongolia approves major overhaul to mining law

New law expands the proportion of Mongolia’s area available to mining and exploration from 8% to 20%, among other investor-friendly changes.

Mongolia mining reforms seek $1bn in coal, shale investments

The revisions to the country's mining law would increase the area available to exploration to 20%t from around 8%.

Mongolia wants to regain investors confidence by returning mining licenses

Foreign direct investment in the central Asian country dropped 50% last year.

Rare mineral project in Nebraska to bring 'huge economic opportunities'

NioCorp Developments' El Creek niobium mine could become the first such a mine in the US, which currently imports 100% of its needs for the metal.

Kincora Copper set to solve mining licenses dispute with Mongolia

Company is confident the government will return two of the licences revoked last year.

Canada’s Ontario to invest up to $1bn in Ring of Fire

The province is asking the Federal government to match the funds.

Desperate Canadian juniors turn to medical pot industry to raise funds

In the last two months at least a dozen juniors have announced they are considering growing cannabis.

Juniors see Australia’s new tax incentive as a lifesaver

Currently 19% of Aussie geoscientists are unemployed, compared with fewer than 2% three years ago.

Canadian juniors more resilient than many expected: report

Only 31 juniors listed on the TSX-V were delisted in the 12 months ending June 30.

Another Canadian miner fights over rights in Kyrgyzstan

Stans Energy is seeking close to US$118 million in compensation for losses and damage through an international arbitration action launched Thursday.

Most junior miners won’t make it past this fall: McCoach

But when the market does recover, it is "going to be a screamer," he says.

Cliffs appeals Ring of Fire road decision

In a Sept. 10 ruling the miner was told it cannot build a road to its US$3.3-billion chromite project through a Canadian junior's mining claims.

Canadian Batero Gold president and CEO leaves the firm

Momentarily replaced by senior vice president and COO, Darryl Lindsay.

Gold exploration budget hit all-time high in 2012, but future doesn't look rosy

Only half the total resources discovered since 1990 has been converted into reserves or put into production to date.