Zincore pulls high-grade zinc at Accha
VANCOUVER — A 5,000-metre drill program has shown that the Accha non-sulphide zinc deposit in Peru has room to grow, as drillers pull high-grade intercepts from the north and east flanks of the zone …
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What’s next for potash?
In the wake of BHP Billiton’s (BHP-N, BLT-L) US$39-billion failed bid for Potash Corp. of Saskatchewan (POT-T, POT-N) and K+S Aktiengesellschaft’s $434-million friendly offer for Potash One (KCL-T), i…
Uranium One aims to buy Mantra from ARMZ
Uranium One (UUU-T) has its eyes on Mantra Resources’ (MRL-T, MRU-A) Mkuju River uranium project in Tanzania, but doesn’t yet have the cash to acquire it.
Chidliak’s results compare favourably to Diavik
While it’s still early days at Peregrine Diamonds’ (PGD-T) Baffin Island Chidliak diamond project, mini-bulk sample results from the promising CH-6 kimberlite compare well to the kimberlite pipes bein…
Geologix keeps its simple at Tepal
TEPALCATEPEC, MEXICO — In early 2009 Geologix Explorations (GIX-T) found itself at a turning point. The company had just decided not to exercise its right to buy the San Agustin polymetallic project …
Cline gets approval to start New Elk
True to its word Cline Mining (CMK-T) is set to put the New Elk Coal Mine into full production before the year’s end. The company received a key approval of its mine plan from the United States Mine Safety and Health Administration (MSHA)…
Baffinland reports high-grade assays at Mary River
Five days after ArcelorMittal (MT-N) sweetened its takeover bid for Baffinland Iron Mines (BIM-T) by 15¢ per share, high-grade assay results from nineteen additional holes at the Mary River project on Baffin Island in Nunavut suggest the…
Tahoe raises $352 million on the back of Escobal
Tahoe Resources (THO-T) has taken advantage of buoyant precious metal prices to raise $352 million in a bought-deal financing with a syndicate of underwriters led by GMP Securities. The private placement financing is just shy of 25 million…
Rio Alto to raise $50 million for La Arena
Rio Alto Mining (RIO-V, RIOAF-O) is raising $50 million in a private placement to fund its La Arena copper-gold project, 480 km northwest of Lima in Peru.
Mines Management releases Montanore PEA
Vancouver – Mines Management (MGT-T) has outlined an economic mine plan for its Montanore silver-copper project but questions remain about getting the project permitted.
South American Gold looks to ride the Colombian gold wave
The recently re-minted South American Gold (SAGD-O) is looking to tap into Colombia’s gold potential. To do so the Richmond, Indiana-based company is aiming to acquire privately-held and Colombian-based Kata Enterprises and its 85% stake…
NovaGold makes run at Copper Canyon partner (December 22, 2010)
Just days before Christmas, NovaGold Resources (NG-T, NG-X) has surprised Copper Canyon Resources (CPY-V) by announcing plans to make an unsolicited takeover bid for the company and its 40% interest in the Copper Canyon copper-gold project in…