Vale closes furnace at Copper Cliff smelter
Vale (VALE-N) closed its No. 2 flash furnace in Sudbury early on Sunday morning Feb. 6 after molten metal leaked out between the tapping block and the furnace, the company has confirmed.
News
Murgor finds more gold beneath open pit at Golden Arrow
Four drill holes designed to test gold mineralization below the open-pit floor at the Golden Arrow gold project in northern Ontario have not disappointed Murgor Resources (MGR-V).
Entre Gold gets off to good start at Ann Mason
Entrée Gold’s (ETG-T, EGI-X) first diamond drill hole at its 100%-owned Ann Mason porphyry copper-molybdenum deposit in western Nevada’s Yerington district returned 988 metres of copper mineralization in what Greg Crowe, the…
Dundee Precious Metals inches forward in Bulgaria
It has taken about six years but Bulgaria has finally granted a 30-year concession to Dundee Precious Metals (DPM-T), bringing it a step closer to developing its Khan Krum deposit in Krumovgrad into an open-pit gold mine. But the company must…
Goldcorp sells Osisko investment for $530 million
Goldcorp (G-T, GG-N) has sold its 10.1% equity interest in Osisko Mining (OSK-T) for roughly $530 million.
Salazar expands deposit and market cap
Salazar Resources (SRL-V) has expanded its El Domo deposit in Ecuador with the latest round of drilling and the market likes what it sees. Highlight intercepts came out of three separate holes and included: 27.61 metres grading 2.12 grams…
PEA is out on US Golds’s El Gallo project
Rob McEwen’s goal of having US Gold (UXG-T) included in the S&P 500 index within four years may seem like a tall order to some, but the industry veteran may just be able to pull it off.
Canadian coal miners riled by US deal with Ridley Terminals (February 08, 2011)
Vancouver – British Columbia and Alberta coal producers have accused a federal Crown Corporation of “putting American jobs ahead of Canadian jobs” after St. Louis-based Arch Coal (ACI-N) announced a five-year deal to ship Powder River Basin…
Roundup: We need more discoveries, part II (February 07, 2011)
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.
Roundup: We need more discoveries
This year’s Mineral Exploration Roundup attracted 7,000 delegates from around the world, a new record for the annual conference hosted by the Association for Mineral Exploration British Columbia (AME BC). But in keeping with the theme,…
African Copperbelt: still risky after all these years
The African Copperbelt running through Zambia and the Democratic Republic of the Congo (DRC) hosts some of the world’s richest copper and copper-cobalt deposits, and has attracted dozens of junior companies over the years. But like moths to a…
Canada keeps no. 2 spot for 2010 exploration
The following was released by the Metals Economics Group (MEG), based on its Corporate Exploration Strategies study which examines global exploration budgets. For more information visit: www.metalseconomics.com.