Amazon Mining’s Cerrado Verde project could be a game changer
Any company whose stock has moved from a low of 93¢ per share to a high of $8 over the course of a year deserves a closer look and so it is with Amazon Mining Holding (AMZ-V).
Industrial/Specialty Minerals
Positive feasibility for Canada Lithium
Vancouver – Canada’s most advanced lithium project took a big step closer to production on mid-December when Canada Lithium (CLQ-T) produced a positive feasibility study for its Quebec Lithium project near Val d’Or.
Avanti Mining boosts Kitsault’s NPV (December 20, 2010)
A better long-term outlook for molybdenum prices and a nearly US$200 million decrease in initial and sustaining capital has improved the net present value of Avanti Mining’s (AVT-V) Kitsault project by about US$250 million, boosting it to…
Creston boosts NPV at El Creston (December 17, 2010)
Vancouver – A year of drilling and metallurgical work has given Creston Moly (CMS-V) a big bump in the net present value for its El Creston molybdenum deposit in Mexico.
Energizer Resources adds to resource at Green Giant
As demand for vanadium increases with new battery technologies, London-based Objective Capital Research believes Energizer Resources (EGZ-V) and its Green Giant vanadium project in Madagascar is undervalued.
MDN is more than just a gold play (December 08, 2010)
MDN (MDN-T) may be best known for its 30% interest in the producing Tulawaka gold mine in Tanzania operated by Barrick Gold (ABX-T, ABX-N) and a portfolio of exploration projects in the surrounding Lake Victoria gold district. But some…
Allana gets the cash to explore more Ethiopian potash
With $12.4 million in its pocket Allana Potash (AAA-V) is set to take its potash play in Ethiopia to the next level. The company managed to close a private placement for 24.3 million common shares at a price of 51¢ per share — a 4%…
Long REE holes boost Commerce Resources
Vancouver – Two long holes, mineralized with rare earth elements (REEs) from almost top to bottom, have caused a spike in Commerce Resources’ (CCE-V) share price.
German fertilizer major offers $434 million for Potash One
Vancouver – A $434-million takeover bid for Potash One (KCL-T) from German fertilizer giant K+S Aktiengesellschaft is evidence that the failure of BHP Billiton’s (BHP-N) US$39-billion takeover bid for Potash Corp. of Saskatchewan (POT-T, POT-N)…
U.S. markets were fragile in the Nov. 15-19 trading week
Nov. 15-19 was not a great trading week for U.S. equities. The Dow Jones Industrial Average added just 10.97 points or 0.10% to finish at 11,203.55, while the S&P 500 gained 0.52 point or 0.04% to close at 1,199.73. Just four companies on…
Editorial: BHP blows US$800M on failed transactions
BHP Billiton formally withdrew its hostile, US$40-billion cash offer for Potash Corp. of Saskatchewan on Monday after the Canadian government had rejected it two weeks earlier on the grounds that it did not provide a “net benefit” to…
Lithium Americas steps up Cauchari
SITE VISIT SUSQUES, JUJUY PROVINCE, ARGENTINA ARGENTINA — What once was overlooked as a clay basin is now set to become one of the largest lithium brine deposits in the world by 2014.Lithium Americas’ (LAC-T) flagship Cauchari project…