News

Perseus pours first gold from Central Ashanti

Perth-based Perseus Mining (PRU-A, PRU-T) has started producing gold from its Central Ashanti gold project in Ghana’s renowned Ashanti gold belt. After ramping up to full production, the company plans to produce 265,000 oz. gold per year there…


Balmoral deepens zone at Martiniere West

Vancouver – Balmoral Resources (BAR-V) continues to establish and deepen a high-grade gold structure at its Martiniere West target along the Detour-Sunday Lake deformation zone in central Quebec.


Victory pushes Minago closer to development

After spending four years proving up one of Canada’s largest undeveloped sulphide nickel deposits, Victory Nickel (NI-T) has received a licence to start building a mine at its Minago project in Manitoba.


Silver Standard working to develop multiple projects

Vancouver – With one of the largest silver resources around Silver Standard (SSO-T, SSRI-Q) has positioned itself well to benefit from rising silver prices, but it still faces the challenge of getting those resources out of the ground.


Potash One dealmaker Matysek turns his hand to B.C. gold

Fresh from the $434-million sale of his Saskatchewan potash explorer Potash One to German fertilizer giant K+S Aktiengesellschaft, Vancouver’s Paul Matysek is now turning his attention to a small gold explorer named Ocean Park Ventures (OCP-V),…


Initial resource for Probe Mines’ Borden Lake

Probe Mines (PRB-V) jumped 26¢ or 17.3% to $1.76 per share on news its Borden Lake gold project near Chapleau, Ontario contains about four million ounces of gold and nearly six million ounces of silver.


Prophecy Platinum gains on drill results

Shares of Prophecy Platinum (NKL-V, PNIKF-O) shot up 10.24% or 43¢ to $4.63 on drill results from its flagship Wellgreen deposit in the Yukon Territory, about 317 km northwest of Whitehorse.


Studying a map at Woulfe Mining's Sangdong tungsten-molybdenum project in South Korea, from left: Bill Kable, vice-president technical; Arne Rahnel, manager of projects; and Wang In Jeon, safety manager. Photo by Woulfe Mining

Woulfe advances Sangdong

With tungsten prices on the rise, Vancouver-based Woulfe Mining (WOF-V) is scrambling to restart the past-producing Sangdong tungsten-molybdenum mine in South Korea by late 2012.


Xstrata snaps up First Coal

Global coal giant Xstrata (XTA-L) has recently sealed a $147-million cash offer for privately-held First Coal and its northeastern B.C. coking coal assets.


Soaring Q2 profits for Uranium One

Uranium One’s (UUU-T) second-quarter profits surged 450% to US$29.7 million compared to the year-ago period, as revenue nearly doubled. 



Lower Q2 production at Eastplats’ Crocodile

Eastern Platinum (ELR-T) saw second-quarter production from its main Crocodile River platinum group metals (PGM) mine in South Africa’s Bushveld Complex shrink by one third, due to labour issues that led to a strike at the mine in early…


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