Nanjinzhao makes advance Pampa payment to Cardero
Vancouver – Cardero Resources (CDU-T) is getting US$2 million of the US$200 million it sold its Pampa de Pongo ir…
News
Cadiscor and Tiomin combine to form new company
The proposed merger of Cadiscor Resources (CAO-V, CADRF-O) and Tiomin Resources (TIO-T) will create a new company t…
Colossus reports stellar assays at Serra Pelada
The first systematic assay results for the full suite of platinum group elements at Colossus Minerals’s (CSI-T, COL…
Tiger finding high-grade copper in the DRC
Vancouver – The mineral wealth of the Democratic Republic of Congo (DRC) is far from tapped, if Tiger Resources’ …
Court blocks Rusoro takeover bid for Gold Reserve
The Ontario superior court has issued an injunction stopping the hostile takeover bid by Rusoro Mining (RML-V, RMLF…
Japanese consortium finances Canada’s Uranium One
Uranium One (UUU-T) will raise C$270 million through a private placement with a Japanese consortium made up of Th…
Volta defines initial copper-gold resource in Burkina Faso
Vancouver – A few days after its joint-venture partner returned full ownership of the Gaoua copper-gold property …
Update:Bidding war heats up for Frontera Copper
A bidding war is emerging for Frontera Copper Corp. (FCC-T, FRCPF-O) that is pitting the Invecture Group against So…
UEX eyeing 40 million lbs. U3O8 at Hidden Bay
Vancouver – This fall UEX (UEX-T) leveled its 2009 resource-estimate sights on a target of 40 million lbs. U3O8 at …
Xstrata throttles back Sudbury nickel output, chops 686 jobs
Continued low nickel prices are forcing Xstrata (XTA-L) subsidiary Xstrata Nickel to step up the shrinking of its n…
Red Back Mining posts record production in Q4
Mines in Mauritania and Ghana posted record production in the fourth quarter for gold producer Red Back Mining…
U.S. Markets – Jan. 27 -Feb. 2
U. S. President Barack Obama’s US$825-billion stimulus bill may have passed the House of Representatives — its first legislative hurdle — but the news failed to lift the prevailing gloom in the mark…