Fortune Minerals progressing on two fronts
Vancouver – Fortune Minerals (FT-T) goes into 2011 with big ambitions for its two feasibility-stage projects after a year of steady progress.
News
Canadian Mining Hall of Fame induction reminder: Jan. 6 reservation deadline
The deadline for making reservations to attend next week’s 23rd annual Canadian Mining Hall of Fame dinner and induction ceremony in Toronto is rapidly approaching.
TSX shows strong finish
Investors shrugged off the tendency to sell at the close of the year causing the TSX Composite Index to rise from 13,231.49 points to 13,443.22 points for the Dec. 20-31period. Perhaps investors were emboldened by year end figures on the…
U.S. Markets end year on high note
U.S. stocks closed out a second consecutive year of gains, recovering to levels last seen prior to the collapse of Lehman Brothers in September 2008 and the ensuing recession. Over the year, the S&P 500 index rose 12.8% and the Dow Jones…
Venture ends year with more gains
Vancouver – The holiday-filled period between December 20 and 31 saw the S&P TSX Venture Exchange maintain its growth streak that defined the second half of 2010, climbing 153.52 points on eight days of straight gains to close the year…
Revised offers for Baffinland from both bidders
A takeover battle between Nunavut Iron Ore Acquisition and global steel giant ArcelorMittal (MT-N) for junior Baffinland Iron Mines (BIM-T) and its attractive Mary River project is heating up with revised offers from both companies in the…
Evolving’s super-long gold hits
VANCOUVER — Evolving Gold (EVG-V) has pulled very long gold intercepts from its Rattlesnake Hills project in central Wyoming.
Paramount discovers gold and silver at San Miguel
Paramount Gold and Silver (PZG-T, PZG-X) has intersected significant gold and silver mineralization while drilling the Don Ese target at its wholly owned San Miguel project in the Sierra Madres of Chi…
Estrella pairs with Cliffs in Peru
Estrella Gold (EST-V) is partnering with Cliffs Natural Resources (CLF-N) to explore for iron-oxide copper-gold (IOCG) targets in southern Peru.
Goldgroup hits high-grade gold at San Jose
VANCOUVER — Mexico-focused Goldgroup Mining (GGA-T) has hit a very high-grade gold intercept at the San Jose de Gracia gold project in Sinaloa state, where it is earning a 50% interest.
Latin American Minerals raises $12.6M
Latin American Minerals (LAT- V) has sold all of its shares in Lithium Americas (LAC-T) to better focus on its Paso Yobai gold project in Paraguay.
Fronteer probes open pit at Northumberland
Open-pit testwork at Fronteer Gold’s (FRG-T, FRG-X) Northumberland gold project in Nevada has returned 6.06 grams gold per tonne over 16.9 metres and 369.5 grams silver per tonne over 3 metres.