Ursa Major gets in the ring with Forbes & Manhattan
Struggling junior nickel miner Ursa Major Minerals (UMJ-T) has told Stan Bharti’s Forbes & Manhattan to put up its dukes and prepare for a proxy fight at Ursa’s annual general meeting on June 23.
News
Largo makes headway with vanadium venture
Largo Resources (LGO-V) acquired its Brazilian Maracas vanadium project in 2006. By 2008, Largo had taken the resource from 10 million tonnes to 23 million tonnes and completed a feasibility study. Between 2005 and 2008, the company’s market…
Osisko, Clifton Star part ways at Duparquet
Four days after Osisko Mining (OSK-T) and Clifton Star Resources (CFO-V) released a resource estimate for the Beattie deposit – part of their larger Duparquet project – Clifton Star reported that Osisko is withdrawing from the project.
Banro raises $80K for Congolese hospital
The Banro Foundation, a charity created by Canadian gold miner Banro (BAA-T, BAA-N) in the Democratic Republic of the Congo, has raised $80,000 for the Panzi Hospital in the eastern part of the country.
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Alcoa – Kay Meggers appointed a VP.
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Augusta moves closer to decision on Rosemont Copper
The preliminary draft Environment Impact Statement on Augusta Resource’s (AZC-T, AZC-X) Rosemont Copper project near Tucson, Ariz., has been delivered by the Coronado National Forest to Arizona State and local cooperating agencies, bringing it…
Fortuna Silver updates San Jose
Fortuna Silver Mines (FVI-T) started building its San Jose underground silver-gold mine 47 km south of the city of Oaxaca in southern Mexico in the second quarter of 2010. Now, the company says it can increase the start-up production rate from…
Temex Resources posts resource for Gowganda
Between 1910 and 1972 the Miller Lake O’Brien silver mine in northeastern Ontario turned out 42 million oz. silver. It also left behind a lot of silver in tailings piles – 2.96 million oz. to be precise.
Bralorne pours first dor bar from historic BC gold mine
Seventy-nine years after the first gold brick was poured from one of British Columbia’s richest and largest gold mines, Bralorne Gold Mines (BPM-V) has restarted operations at the Bralorne complex. The company poured the first gold-silver…
Inmet’s Balboa discovery excites the market
A high-grade intercept of 124 metres, grading 2.32% copper and 2.28 grams gold per tonne in the Balboa zone at Inmet Mining’s (IMN-T) Cobre Panama project, makes Balboa a “contender,” writes UBS Investment Research associate analyst Matt Murphy…
Riverstone drilling enriches its Karma
The latest drill results from Riverstone Resources’ (RVS-V) Karma project look to be pushing known mineralization farther south on the Gouglagou I zone and deeper on the Gouglagou II zone.