Chinalco limited to 15% Rio Tinto stake
The Australian government has approved a maximum holding of 14.99% in the shares of Rio Tinto PLC( RTP-N, RIO-L) for Aluminum Corp. of China (Chinalco). The approval is subject to the conditions that …
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Douglas Lake taps Tanzminex for Mbwembkuru
Tanzanian-focused mineral exploration company Douglas Lake Minerals (DKLM-O) has contracted Tanzanian Mineral Exploration (Tanzminex) to prepare a resource estimate for the company’s Mbwemkuru alluvia…
Baffin Island sparkles for Peregrine
It’s not every day that you find diamonds outcropping at surface in the Arctic and some miners will go a lifetime without ever seeing it happen. Oftentimes, kimberlite pipes of interest in the Far Nor…
Imperial gets Sterling drill results in Nevada
VANCOUVER — Imperial Metals (III-T) is having success at the past-producing Sterling gold mine, 185 km northwest of Las Vegas, Nev., with positive drill results from its 144 zone.
HudBay’s Balmat zinc operation goes bust
VANCOUVER–Less than two years after ramping the Balmat mine back up to full production, HudBay Minerals (HBM-T, HBMFF-O) is closing the New York state zinc mine and concentrator.
TSX VENTURE EXCHANGE AUG. 19-25
The S&P-TSX Venture Composite Index posted a gain over the Aug. 19-25 trading week, closing up 16.37 points at 1,940.01. It was the first weekly gain in several months for the junior board. Daily …
Skybridge scoring good grades in Nunavut
VANCOUVER–The Downie brothers are at it again.
Sultan drills moly, tungsten in B. C.
VANCOUVER — For Sultan Minerals (SUL-V), 5 million tonnes is the magic number. Sultan president and CEO Arthur Troup hopes another batch of drill results from its Jersey-Emerald property in the south…
A growing Storie for Columbia Yukon (September 01, 2008)
VANCOUVER — A new resource estimate upgrading most of the Storie molybdenum deposit to the indicated category is just what Columbia Yukon Explorations (CYU-V, CYUXF-O)was aiming for with its aggressi…
BID-ASK — AUG. 19-25, 2008
12-MONTH STOCK EXC BID ASK LAST HIGH LO Absolut Res V 0.80 0.98 0.98 1.30 0.001 Afrasia Minl F V 0.27 0.44 0.25 0.45 0.23 Agau Res V 0.17 0.21 0.19 0.55 0.11 …
Nichols Ranch study upbeat
A preliminary economic assessment for Uranerz Energy’s (URZ-T, URZ-X) Nichols Ranch uranium project in Wyoming’s Powder River basin suggests building an in-situ operation that could produce nearly 3.3…
Aurora works harder in face of uranium moratorium (September 01, 2008)
VANCOUVER — Aurora Energy Resources (AXU-T, AUEGF-O) is determined to keep advancing its Central Mineral Belt uranium project in Labrador despite a moratorium on uranium production in the region, and…