Mandalay grows Costerfield
Investors looking for lower cost, high grade producers were given another reason to turn to Mandalay Resources (TSX: MND) as the company’s Costerfield mine in Australia continues to grow.
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Peru approves Sulliden Gold’s EIA
Nearly nine months after Sulliden Gold (TSX: SUE; US-OTC: SDDDF) submitted an environmental impact assessment of its Shahuindo gold project in Peru, the country’s Ministry of Energy and Mines has given the green light to the proposed…
Chinese coal producer makes move on Australia’s Inova Resources
Shanxi Donghui — a privately held coal and chemical producer founded by two wealthy Chinese brothers based in China’s Shanxi province — has launched a US$145-million, all-cash takeover bid for Inova Resources (TSX: IVA; ASX:…
Eagle Hill buys out Noront at Windfall Lake
Eagle Hill Exploration (TSXV: EAG) owns 100% of the Windfall Lake gold property in Val-d’Or, Que., after acquiring Noront Resources’ (TSXV: NOT; US-OTC: NOSOF) 25% interest in the project for $5 million and 25 million shares.
North American Nickel sees good signs at Maniitsoq
VANCOUVER — The 4,800 sq. km Maniitsoq nickel-sulphide project in southwest Greenland may seem like a large-scale play for a junior, but that ambition may pay off for Vancouver-based North American Nickel (TSXV: NAN; US-OTC: WSCRF).
Sierra Metals goes deeper at Yauricocha
Sierra Metals’ (TSX: SMT; TSXV: SMT; US-OTC: DBEXF) claim that its underground Yauricocha silver-copper-lead-zinc-gold mine in Peru has plenty more to give at deeper depths is proving correct.
Resource estimate lifts Roxgold
Shares of Roxgold (TSXV: ROG; US-OTC: ROGFF) took flight after the junior increased the indicated resource for the 55 zone gold deposit on its Yaramoko exploration permit in Burkina Faso by 143%, where the company expects to complete a…
Bear Creek nears permitting milestone at Corani
VANCOUVER — It has been a two-year journey for Peruvian-focused junior Bear Creek Mining (TSXV: BCM; US-OTC: BCEKF) and its flagship, wholly owned Corani silver-lead-zinc project, located 160 km southeast of Cusco. But after concluding…
Dundee tallies gold resource at Kapan in Armenia
Dundee Precious Metals (TSX: DPM) released its much-anticipated maiden resource estimate for the Shahumyan gold deposit at its Kapan mine in Armenia, and the market apparently likes what it sees.
Aurcana sets production records, Red Kite loan stalled
VANCOUVER — Silver producer Aurcana (TSXV: AUN; US-OTC: AUNFF) is improving operations at its wholly owned La Negra silver-copper-lead-zinc mine in Queretaro State, Mexico. The company’s mill boosted its daily throughput by 41%…
Flinders gains on Woxna graphite PEA
VANCOUVER — Flinders Resources (TSXV: FDR; US-OTC: FLNXF) should be able to restart the mine at its fully owned and permitted Woxna graphite project in Sweden for US$16.7 million, which could be repaid in a few years by selling the…
Matamec drops on feasibility study
Matamec Explorations (TSXV: MAT; US-OTC: MHREF) took a hit after the Montreal-based explorer published a feasibility study for its Kipawa joint-venture heavy rare earth elements project near Rouyn-Noranda, Que. Its shares dropped 33%, or…