GobiMin sells Yanxi deposit
GobiMin (GMN-V) has agreed to sell most of its equity interest in the Yanxi copper deposit in China’s Xinjiang province for $9 million in convertible bonds and cash to China Daye Non-Ferrous Metals Mi…
Volume 96 Number 11 - May 3 - May 9, 2010
First Uranium lowers value of operations (May 03, 2010)
VANCOUVER — First Uranium (FIU-T, FUM-J) has been forced to significantly drop the estimated value of its South African gold-uranium operations after cost escalations and permitting issues.
Sweet gold hits for Virginia at Wabamisk
VANCOUVER — In its search for high-grade gold and silver veins, Virginia Mines (VGQ-T) has drilled a few enticing high-grade gold hits at its Wabamisk property in Quebec.
More high-grade, shallow gold for Avion in Mali
VANCOUVER — The near-surface gold grades at the Tabakoto project in Mali keep getting better for Avion Gold (AVR-V) and now the company is being rewarded for its efforts with a $25-million bought-dea…
Farallon wins internet defamation suit
Justice was a long time coming, but for Farallon Mining (FAN-T) it was well worth the wait.