Teck doubles adjusted profit in Q1
Vancouver – Teck Resources (TCK.B-T, TCK-N) has more than doubled first quarterly adjusted earnings compared with last year on strong copper and coal prices.
News
Extorre hits new high-grade zone at Cerro Morro
Vancouver – A new high-grade discovery at Extorre Gold Mines’ (XG-T, XG-X) Cerro Morro project in southern Argentina has propelled its share price to an all-time high.
Rumors propel Banro shares
Banro (BAA-T, BAA-X) says it was nothing more than a rumor but whatever its merit an unspecified document sent the company’s shares surging over a three-day period. While the company would offer no direct information as to the nature of the…
Wildcat finds more silver in Arizona (April 19, 2011)
Highlights from step-out and infill drilling at Wildcat Silver’s (WS-V) Hermosa project in Arizona include 26 metres of 346.52 grams silver per tonne, 12.24% manganese, 3.16% zinc, 4.22% lead and 0.30% copper in hole HDS-117, the company…
Capstone bids $725 million for Far West, partners with KORES
Vancouver – Capstone Mining (CS-T) has made a $725 million bid for Far West Mining (FWM-T) for its Chilean copper project while bringing on Korean partner KORES to front the cash.
Semafo says it’s business as usual in Burkina Faso as military revolts
Montreal-based Semafo (SMF-T) says operations at its flagship Mana gold mine in Burkina Faso have not suffered any disruptions as a result of recent military unrest across the country. Over the past few days, packs of soldiers in several small…
Leonard Cunningham
Leonard Joseph (Len) Cunningham passed away in his home on April 5. He was 91.
Cap-Ex focuses on Labrador iron
With several recent high-profile iron ore acquisitions in Eastern Canada, Cap-Ex Ventures (CEV-V) has picked an opportune time to re-launch as a Labrador Trough-focused exploration company.
Molycorp acquires REE processor in Estonia
Molycorp (MCP-N) has bought one of only two rare-earth processing facilities in Europe.
Premier Gold emerges in Nevada (April 18, 2011)
When investors think of gold plays in Nevada they typically don’t think of Premier Gold Mines (PG-T), a company best known for its gold projects in Ontario.
Pacific Wildcat confirms rare earths in Kenya (April 18, 2011)
A first round of drill results from the Mrima Hill rare earth-niobium project in southeastern Kenya has given Pacific Wildcat Resources’ (PAW-V) share price a major boost.
Balmoral hits high grades at Martiniere
Vancouver – Balmoral Resources (BAR-V) has followed up an encouraging March gold hit from its Martiniere project in Quebec with a second rich intercept.