Wallbridge entices PGM miners to Sudbury
Wallbridge Mining (WM-T) is locking up deals with big platinum players in a bid to prove up its projects while minimizing shareholder dilution.
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Exchange Rates
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date May 7 May 4 May 3 May 2 May 1 US$ in C 0.9953 0.9956 0.9968 0.9891 0.9839 …
Altan Rio sees potential in Mongolia
Having assembled a collection of greenfield copper-gold prospects in Mongolia’s western frontier, Vancouver-based explorer Altan Rio Minerals (AMO-V) is aiming to take the next step forward with a US$2-million drilling campaign in 2012.
Nunavut explorers fired up for 2012
Nunavut has been a tough place for gold companies of late, with Newmont Mining (NMC-T, NEM-N) shelving its Hope Bay gold project and Agnico-Eagle Mines (AEM-T, AEM-N) cutting years off its new Meadowbank gold mine in the face of cost overruns.
Colt hunts gold and tungsten in Portugal
Montreal-based junior explorer Colt Resources (GTP-V) has focused on a few different projects since it hit the TSX Venture Exchange last February, but its eye has always been on Portugal.
El Morro hits a road bump
Following the Chilean Supreme Court’s move to temporarily suspend the environmental permit for the El Morro copper-gold project, an analyst says the project should be shelved until the next decade.
More hot water for Baja Mining
Without additional funding by mid-June, the advanced-stage Boleo project in Mexico will be suspended, Baja Mining (BAJ-T) has warned shareholders. The announcement comes two weeks after the company declared a 22% increase in funding…
Allana pumps up potash resource at Dallol
Toronto-based explorer Allana Potash (AAA-T) took a step closer to -releasing a bankable feasibility study on its Dallol potash project in Ethiopia when it released an updated resource estimate to kick off May.
Gold Fields eyes Bear Lake’s assets
Gold Fields (GFI-N) has signalled interest to acquire a majority stake in Bear Lake Gold’s (BLG-V) early stage exploration assets, driving shares of the Ontario-focused junior up 50% on April 10.
Yamana produces more but misses expectations
Yamana Gold (YRI-T, AUY-N) reported impressive production– results but failed to impress the market with its latest financial -results.
Revamped Virgin Metals improving Los Verdes
VANCOUVER — Back in 2008 Virgin Metals (VGM-V) was banking big on the high molybdenum price, marketing its advanced Los Verdes deposit in Mexico’s Sonora State as an exciting moly play and trying to rush it towards production.
Talison celebrates best Q3 ever
Cash-rich Talison Lithium (TLH-T) has booked record third-quarter sales volume, revenue and net income from its high-grade Greenbushes operation in southwestern Australia sending its shares higher.