Positive metallurgical results for First Point’s Decar
Vancouver – Concept is slowly becoming reality at First Point Minerals’ (FPX-V) unusual nickel project in central British Columbia, with encouraging metallurgical results the latest boost.
News
Bayfield insiders sell as Rainy River area play overheats
Vancouver – A 400-metre by 800-metre claim block on the eastern side of Rainy River Resources (rr-t) flagship gold project in northwestern Ontario is causing a big commotion over at Bayfield Ventures (byv-v).
Romarco delays Haile mine opening by a year
Romarco Minerals (R-T) pushes the reopening of its past-producing Haile gold mine in South Carolina back by a year to complete an environmental impact statement (EIS).
Champion Minerals shares jump after shareholder rights plan
As rumours swirl that Champion Minerals (CHM-T) might become a takeover target for Arcelor Mittal (MT-N), the junior has adopted a shareholder rights plan. The news sent the company’s shares up 20% or 30¢ apiece on July 4 to close at $1.80.
Mawson West releases Kapulo feasibility study
Vancouver – Despite only listing on the TSX in March, Mawson West (MWE-T) has already released a feasibility study on the Kapulo target at its Dikulushi concessions thanks to previous work as an Australian-listed and unlisted company.
Trevali on the path to production
In the last few months Trevali Mining (TV-T) has expanded its resource base, changed its name, closed a $10-million financing, and listed on the Lima Stock Exchange. Now, it’s working to get two mines into production over the next 12 months.
Avion continues success in Mali
Drilling to test northwest- and northeast-trending structures at Avion Gold’s (AVR-T, AVGCF-O) Tabakoto deposit in Mali has returned significant intercepts, including 20.88 grams gold over 5.7 metres, 36.04 grams gold over 3 metres and 29.04…
Mining Association of BC donates $125,000 for First Nations language renewal
The First Peoples’ Cultural Foundation (FPCF) will receive $125,000 over three years from the Mining Association of B.C. (MABC) to assist with the documentation and renewal of endangered First Nations languages in the province.
Suppliers news
Vale awards $600M contract for Long Harbour
Aurizon expands Hosco resource
Drilling between April 2010 and January 2011 has boosted measured and indicated in-pit resources by 31% at Aurizon Mines’ (ARZ-T, AZK-X) Hosco deposit, part of the gold producer’s Joanna project in northwestern Quebec.
Premier Gold takes out Hardrock JV partner
Ewan Downie’s Premier Gold Mines (PG-T) is taking full control of the Hardrock gold project near Geraldton in northwestern Ontario, in which it owns a 70% interest. The company will acquire the remaining 30% by taking over joint-venture-partner…
First resource for Levon’s Cordero
After completing close to 70,000 metres of drilling over 160 core holes, Levon Resources (LVN-V) has released an initial bulk tonnage resource on its Cordero silver-gold-zinc-lead project in northern Mexico.