NGEx's Los Helados PEA weighed down by hefty capex

Source: Daily News | 2014-10-22
VANCOUVER — There's certainly a lot of copper at NGEx Resources' (TSX: NGQ; US-OTC: NGQRF) Los Helados project 77 km due northwest of Copiapó, Chile, but a newly-released preliminary economic assessment (PEA) calls into...

Gold Reserve wins US$740M in 'stunning victory' against Venezuela 

Source: Print Archives | 2014-10-22
It’s taken six years and over US$20 million in legal costs, but Gold Reserve (TSX: GRZ; US-OTC: GDRZF) has won US$740.3 million in compensation for the expropriation of its Brisas gold project by the Venezuelan government. It’s one...

Puma on the prowl near historic Brunswick mine 

Source: Print Archives | 2014-10-22
Shares of Puma Exploration (TSXV: PUM; US-OTC: PUXPF) traded higher after the junior announced it  has acquired a 6.5 sq. km property with a newly discovered volcanogenic massive sulphide (VMS) zone just 6 km north of the No. 12 orebody at...

Source chases district-scale skarn mineralization at Las Minas

Source: Daily News | 2014-10-21
VANCOUVER — Roughly 270 km due east of Mexico City in the state of Veracruz, junior Source Exploration (TSXV: SOP) is thinking big. Earlier this year the company expanded a discovery at its 17 sq. km property package in the...

ICSG forecasts copper surplus in 2015

Source: Daily News | 2014-10-15
After five years in a row of deficits, the copper market should show a production surplus in 2015, according to The International Copper Study Group.

Ivanhoe says most locals support Platreef 

Source: Print Archives | 2014-10-15
Should Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) cranks out its estimated 785,000 oz. platinum, palladium, rhodium and gold from the Platreef project in South Africa, the underground operation 280 km northeast of Johannesburg would be...

Chilean court suspends El Morro project, again 

Source: Print Archives | 2014-10-15
Goldcorp (TSX: G; NYSE: GG) and New Gold (TSX: NGD; NYSE-MKT: NGD) are having an unlucky streak at their El Morro gold-copper project in northern Chile, where local officials have temporarily suspended development for the third time in three...

Lonmin doubles down on Wallbridge JVs in Sudbury 

Source: Print Archives | 2014-10-15
VANCOUVER — U.K.-based platinum group metals (PGM) outfit Lonmin (LSE: LMI; US-OTC: LNMIY) remains bullish on the Sudbury basin and its expansive joint venture with junior Wallbridge Mining (TSX: WM; US-OTC: WLBMF). On Sept. 20...

Iamgold sells Niobec mine to ex-CEO of Barrick  

Source: Print Archives | 2014-10-08
Former Barrick Gold (TSX: ABX; NYSE: ABX) CEO Aaron Regent is back in action.

East Africa Metals defines Adyabo in Ethiopia 

Source: Print Archives | 2014-10-08
Pleased with results from recent drilling at its Adyabo gold-copper project in Ethiopia, Canaco Resources spinoff East Africa Metals (TSXV: EAM; US-OTC: EFRMF) is starting a 6,000-metre diamond-drilling program to define several mineralized...