Mitsubishi Corp. of Japan will invest US$94.9 million for a 25% stake in Stillwater Mining’s (SWC.U-T, SWC-N) Marathon project, a platinum group metals and copper deposit near the north shore of Lake Superior about 10 km north of the town…
Rio Tinto (RIO-N, RIO-L, RIO-A) is pondering whether its diamond assets have lost its sparkle.
Northern Vertex Mining (NEE-V, NHVCF-O) has its first assays in from the diamond drill part of its latest program at the Moss gold and silver project in Arizona.
First Quantum Minerals (FM-T, FQM-L), which has several copper projects in its development pipeline, has provided a maiden reserve and resource for its Sentinel copper project in Zambia.
The results of ten diamond drill holes at the Goulagou I deposit will allow Riverstone Resources (RVS-V, RVREF-O) to upgrade the resource model at its flagship Karma gold project in Burkina Faso, the company says.
If you’ve ever been to Princeton, home to the recently opened Copper Mountain mine, you’ve also seen Sego Resources’ (SGZ-V) Miner Mountain copper property.
Swiss-based mining giant Xstrata (XTA-L) has struck a deal to buy the Sukunka coking coal deposit in northern B.C.’s Peace River region from Calgary-based Talisman Energy (TLM-T, TLM-N) for a cool US$500 million in cash.
Recently listed Banks Island Gold (BOZ-V) has hit more high-grade gold while expanding the resource at its production-ready Tel zone in northern B.C.
Continental Gold (CNL-T) has released high-grade assays on 13 drill holes collared on its fully owned Buritica gold-silver-zinc property in Antioquia, Colombia.
Many companies aspire to be a mid-tier gold producer, but few actually become one. There’s the small matter of finding a deposit that will yield good profit margins, and then there are financing issues, political risks and operational…
The Guyanese mining sector is looking to Canada for investment and support as the South American nation moves to further develop its mineral resources.
The landslide election of Michel Martelly as president of Haiti last year is already bringing positive results to the impoverished Caribbean nation, Daniel Hachey, president and chief executive of Majescor Resources (MJX-V), believes.
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