Woodjam Shaping Up For Fjordland And Cariboo
VANCOUVER — Drill intercepts showing long intervals with consistent grades of copper, molybdenum and gold on the Woodjam property, 50 km east of Williams Lake, B. C., buoyed the share prices of 60/40…
Copper
Strongbow To Tally Nickel King Resource
In September, Strongbow Exploration (SBW-V, SBWFF-O) received assay results for the final 14 holes of its 2008 drill program at its Nickel King project in the Northwest Territories.
Healthy Potash Price Can’t Stop The Layoffs
Gold, uranium and potash have been the three bright spots for the mining sector through what has been a historically bleak period.
Augusta Resource updates Rosemont feasibility
An updated bankable feasibility study on the Rosemont copper-molybdenum project in Pima County, Arizona, has found …
Abacus grows Ajax resource
Vancouver – A new resource estimate for the Ajax copper-gold project near Kamloops, British Columbia, says the depo…
Dia Bras to cut travel costs with new Bolivar mill
Dia Bras Exploration (DIB-V) will temporarily stop a pilot mining program in the Cusi silver mining district near C…
El Nino falls on results from new DRC project
Vancouver – The first full set of drill results from El Nino Ventures’ (ELN-V) Kasala copper discovery in the…
Glencore moving in on Katanga
Facing financial distress Katanga Mining’s (KAT-T) shareholders have agreed to allow the world’s largest commodity …
NovaGold Raises US$75M In ‘Gut-Wrenching’ Time
A private New York Citybased company has agreed to take on a 28% interest in cash-strapped NovaGold Resources (NG-T, NG-X) through a US$60-million portion of a US$75-million financing.
ARM, Vale To Turn Teal Into 50-50 JV
VANCOUVER– In a roundabout deal, Vale (RIO-N) is paying a hefty premium to get its hands on half of Teal Exploration and Mining (TL-T, TLXMF-O).
Mirabela Adds To Santa Rita Resource
Mirabela Nickel (MNB-T, MBN-A) likes to describe its Santa Rita project in Brazil as the world’s largest greenfield nickel sulphide discovery in the last 12 years.
African Copper On The Ropes At Mowana
VANCOUVER — A massive value writedown for its brand new Mowana copper mine in Botswana, depressed copper prices, and a share price barely off the floor has put African Copper (ACU-T, AFNCF-O) in a to…