People (February 07, 2011)
Alexandria Minerals – Peter Legein appointed VP of exploration.
News
More long intercepts for Trelawney (February 07, 2011)
Trelawney Mining and Exploration (TRR-V) has raised expectations in a short period of time. So much so that the latest drill results, that would be the envy of many junior gold explorers, failed to impact the company’s stock value.
Bjorkdal grows 50%
The overall resource at Gold-Ore Resources’ (GOZ-T) Bjorkdal gold mine in Sweden has grown by more than 50% from the previous estimate reported last March.
Sunridge gets results
Sunridge Gold (SGC-T) has released assays from the first four of 35 holes drilled to define the Debarwa copper-gold-zinc VMS (volcanogenic massive sulphide) deposit at its Asmara project in Eritrea.
Shanta Gold makes headway in Tanzania (February 07, 2011)
Junior Shanta Gold (SHG-L) wants to make the leap from explorer to gold producer within two years. On Jan. 25, Shanta said it is on track to complete a detailed feasibility study by the end of June on its Singida gold project in central…
Nautilus secures deep-sea mining lease (February 07, 2011)
A pioneering deep-sea mining operation is a big step closer to reality after the Papua New Guinea (PNG) government granted a mining lease to Nautilus Minerals (NUS-T, NUS-L) for its Solwara 1 copper-gold project in the Bismarck Sea.
Paramount expands San Francisco
The final assays results from the remaining 28 holes completed during the 2010 drill program on Paramount Gold and Silver’s (PZG-T, PZG-X) San Miguel project in Mexico continue to confirm the potential for near-surface, bulk-tonnage…
Joe Conway’s Primero has big plans for San Dimas
Before he stepped down a year ago as president and chief executive of Iamgold (IMG-T, IAG-N), Joseph Conway successfully transformed the company from a $50-million joint-venture player to a $6-billion leading intermediate gold producer. Now the…
Alpha, Massey to hook up
The proposed merger of Alpha Natural Resources (ANR-N) and Massey Energy (MEE-N) announced Jan. 29 will create a top-three global metallurgical coal producer in a transaction that will be cash flow accretive in the first full year of operation…
Roundup: Commodities outlook
The final technical session at the Mineral Exploration Roundup hosted by the Association for Mineral Exploration British Columbia (AME BC) looked at the potential of thermal coal, uranium, vanadium, molybdenum, copper and, of course, gold.
Commerce gets more rare-earth assays
Assays for the final five holes from Commerce Resources’ (cce-v, cmrzf-o) 2010 drill program at its Ashram rare-earth zone on its Eldor project in northern Quebec bring the junior one step closer to completing a National Instrument 43-101…
Editorial: Coal gets respect
As if anyone needed more confirmation that coal has come back in a big way, the fourth week of January served up the biggest merger in U.S. coal mining history.