Goldcorp doubles gold reserves at Cerro Negro (April 25, 2011)
The world’s second-largest gold producer by market value, Vancouver-based Goldcorp (G-T, GG-N), has announced a major update for its promising Cerro Negro gold project in Argentina.
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Giustra shell joins rush for West African iron ore (April 25, 2011)
Investors have come to expect share-dilutive deals from Frank Giustra, one of Howe Street’s best known and most followed penny stock promoters. This does not seem to make the deals any less appealing, however, given the promoter’s past…
Ursa Major hits milestones
Since resuming mining a year ago from the West pit at its Shakespeare nickel-copper-platinum group metals (PGM) mine in Ontario, which was closed in 2008 due to weak metal prices, Ursa Major Minerals (UMJ-T) has regained its momentum.
Western Copper updates Casino study
Western Copper (WRN-T, WRN-X) has released an updated prefeasibility study for its sizable but remote Casino gold-copper-molybdenum project in the Yukon, three years and a commodity-price rollercoaster ride after the first.
Ross Beaty closes in on 10 for 10
Of the 10 copper projects acquired by Ross Beaty’s Lumina Copper (LCC-V) in 2003 near the end of a five-year downturn for the resource sector and a dramatic fall in metal prices, it has kept just one, Taca Taca, in Argentina. The rest it sold -…
Soltoro shines on bonanza-grade silver assays
Drill results from the previously untested Soledad structure on Soltoro’s (SOL-V) El Rayo silver project in Mexico have revealed high-grade silver over significant widths in a near-surface ore shoot. Assays from the newly defined zone include…
Newstrike pulls big intercept at Ana Paula
Vancouver – Newstrike Capital (NES-V) has hit its most impressive hole to date at its Ana Paula gold project in Mexico’s Guerrero State.
Lago Dourado just weeks away from drill results
At thirty-four, Forbes Gemmell is likely one of the younger chief executives of a publicly listed mining company.
Quadra FNX releases initial Victoria resource
Vancouver – A first resource estimate for Quadra FNX Mining’s (QUX-T) Victoria project has established a new high-grade, deep polymetallic project in the Sudbury district.
Kaminak begins $15-million Yukon drill program
Vancouver – After one of the most successful first-pass drilling programs in the Yukon last year, Kaminak Gold (kam-v) has returned with plans to drill up to 45,000 metres in 2011 on its 100% owned Coffee gold project in the White Gold district.
Woulfe Mining works towards decision at Sangdong
At its height, the Sangdong mine in South Korea was one of the largest tungsten-molybdenum mines in the world. But after a forty-year run, the mine was shut down in 1993 when the price of ammonium paratungstate (APT) fell to US$40 per metric…
Goldgroup rises on long intercepts
Goldgroup Mining’s (GGA-T) latest round of drill results didn’t bring the high grades of its previous announcement, but the length of mineralization remains impressive. The company is currently drilling at the Caballo Blanco project in Mexico…