[Update] Woulfe advances Sangdong
With tungsten prices on the rise, Vancouver-based Woulfe Mining (WOF-V) is scrambling to restart the past-producing Sangdong tungsten-molybdenum mine in South Korea by late 2012.
News
Global market downturn hits Toronto hard
The holiday shortened Aug. 2 -5 period may have been brief but it didn’t lack drama. The TSX Composite Index suffered its greatest fall since the recession of 2008 as the Index lost 1,267 points to finish at 11,743.77 points. And the downward…
Venture drops sharply Aug. 2-5
Junior explorers listed on the S&P TSX Venture Exchange fell sharply in the lead-up to the last-minute agreement by American politicians to raise the United States’ debt ceiling, with the index closing down 167.36 points or 9.1% over the…
U.S. equities plunged, Aug. 1-5
U.S. equities had started to crater days before Standard and Poor’s stripped the U.S. of its Triple A rating after markets closed on Friday Aug. 5. On Thursday Aug. 4, the Dow Jones Industrial Average suffered its biggest point drop since…
What’s not to like about Hathor?
Mike Gunning likes the fact that he can get from his desk in downtown Vancouver to within just a few kilometres of Hathor Exploration’s (HAT-T) flagship Roughrider uranium deposit in northern Saskatchewan by booking a commercial flight…
Commentary: What you need to know about changes to NI 43-101
Canada is the home to the majority of the world’s public mining companies, and the majority of mining company financings are completed in Canada. As a result, Canada has one of the most developed regulatory systems for mining companies, and its…
Cedar Mountain drills untested Alaskan gold anomalies
While other companies explore emerging Yukon gold belts – such as the White Gold district and the Selwyn Basin – in their hunt for the next big Arctic gold deposit, Cedar Mountain Exploration (CED-V) has its sights set on an even loftier…
Barclays Capital weighs in on base metals
Commodities research analysts at Barclays Capital believe lead prices will rise in the final months of the year, are most bullish on copper and tin for next year, and have revised their 2012 price forecasts for nickel and zinc.
Gran Colombia to raise US$75M through silver-linked notes
Gran Colombia Gold (GCM-T) is looking to issue US$75 million of what executive co-chairman Serafino Iacono calls “a creative and innovative financial instrument.”
Mindoro working to expand Agata nickel project
Philippines-focused junior Mindoro Resources (MIO-V) continues to advance its Agata nickel project in the country, with an updated resource and prefeasibility study in the works.
China’s Hanlong looking at Bannerman
Chinese conglomerate Sichuan Hanlong Group is interested in Bannerman Resources’ (BAN-T, BMN-Z) Etango uranium project in Namibia, one of the largest undeveloped uranium resources in the world.
Glencore ups ante on PolyMet
Glencore International (GLEN-L) is betting that PolyMet Mining’s (POM-T, PLM-X) NorthMet polymetallic project in Minnesota has the stuff that profitable mines are made of.