Haywood Securities analysts rated the company a "buy" with a price target of $3.60 in a note following the release of the news.
A research note from Haywood Securities suggests that Midas Gold's development and production schedule could see delays, but is positive on the company's metallurgical processing update.
In this interview, Ron Muhlenkamp tells The Energy Report how good policy ended the 1980-82 recession and set the stage for two decades of prosperity. He also explains why bad policy is hampering recovery now, and what this means for investors.
Andrew Chanin, co-founder of the PureFunds ISE Junior Silver ETF, on Q2 silver market trends and what factors he believes may push silver prices higher in the long term.
Potash prices have been slow to rebound a year following Uralkali's exit from Belarus Potash Company. That could cause trouble for BHP Billiton as the miner looks for a partner for its proposed Jansen potash mine in Saskatchewan.
Fortune Minerals announced $36 million in financing in conjunction with an amended agreement for the 100-percent acquisition of the Revenue silver mine in Southwest Colorado.
The Canadian Nuclear Safety Commission, the country's nuclear watchdog, has issued a "request for action" to licensees of uranium mines and mills with tailings facilities.
With gold miners outperforming gold itself, it's worth taking a look at the top holdings of the Market Vectors Junior Gold Miners ETF.
It's only been two weeks since the spill at the Mount Polley copper-gold mine tailings pond, but already the repercussions for other mining operations are trickling in.
The move is aimed at allowing BHP to focus on the "four pillars" of iron ore, copper, coal and petroleum.