Northgate Minerals (NGX-T, NXG-N) has boosted its indicated resource tonnes by 18% and its contained gold and copper by 10% and 9% respectively at its Kemess underground project in north-central British Columbia.
U.S. politics veered into the surreal this week, as U.S. President Barack Obama unveiled a deficit-laden, US$3.73-trillion budget proposal for fiscal 2012 that completely ducks the critical issue of unsustainable spending by the U.S. government…
In six years, Cyprus-based EMED Mining (EMD-T, EMED-L) has grown from being little more than a concept to a company with very real plans to restart copper production this year from the historic Rio Tinto open-pit copper mine in southwestern…
Entrée Gold (ETG-T, EGI-X) is “strongly undervalued” given the potential for it to sell its Mongolian assets to Ivanhoe Mines (IVN-T, IVN-N) or Rio Tinto (RTP-N, RIO-L), Christopher Ecclestone of Hallgarten & Co. argues in a…
Klondex Mines (KDX-T) continues to find new mineralized zones at its Fire Creek property in North Central Nevada The company says it has found a new high-grade vein 150 metres south of the southern end of the Far North resource as an RC drill…
Majestic Gold’s (MJS-V) Songjiagou gold project in China’s Shandong province would have a net present value of US$525 million at a 10% discount rate and an internal rate of return of 78.6%, according to a preliminary assessment.
A hostile takeover bid turned friendlier on Sunday when Ventana Gold Corp. (VEN-T) verbally agreed to a new takeover price of $13.06 per share from AUX Canada Acquisition, up 43¢ from the latter’s initial offer of $12.63 per share in…
Last week, we presented the Canadian exploration projects highlighted at the Mineral Exploration Roundup presented by the Association for Mineral Exploration British Columbia (AME BC). This week, we turn to the international scene.
ArcelorMittal – Simon Wandke appointed as a VP and mining division’s chief commercial officer of marketing and sales.
Caterpillar to build factory in Thailand
Lake Shore Gold (LSG-T) has increased its ownership in Northern Superior Resources (SUP-V) to 25.5% by privately buying more than 6.7 million shares at 80¢ each.
Assay results from the first seven holes of a second-phase drill program at its Borden Lake gold project near Chapleau, Ont., have extended the gold zone about 300 metres northwest of previous drilling, Probe Mines (PRB-V) reports.
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