IFC to invest in Argentex
Vancouver – Argentex Mining (ATX-V, AGXM-O) has announced a proposed $7.3 million private placement by the Int…
News
Pacific Rim Mining seeks justice in day two of arbitration proceedings
Pacific Rim Mining (PMU-T, PMU-X) wants its money back: All $77 million of it.The Vancouver-based mining com…
Sprott Physical Gold Trust raises US$279.5M in secondary offering
Sprott Physical Gold Trust (PHY.U, PHYS-N) will use US$279.5 million raised in a follow-on offering to buy phy…
US$322 million secured for Copper Mountain
Vancouver – International conglomerate Mitsubishi Materials has secured US$322 million in project financing fo…
Landen drills in Ivory Coast
Vancouver – Landen Capital (LAN-V) has hit good copper and nickel grades as part of polymetallic drill results…
Greystar jumps as Colombia reinstates Angostura EIS
Vancouver – Greystar Resources’ (GSL-T) share price soared 44% on news the Colombian government has reversed…
Crocodile reaches commercial production at Union Reefs
After having its first gold pour six months ago, Crocodile Gold (crk-t) has reached commercial production at i…
Prophecy Resource makes headway in Mongolia
Prophecy Resource’s (PCY-V, PCYRF-O) Ulaan Ovoo coal project in Mongolia is expected to be in production this …
Teck goes ahead with Aqqaluk (May 31, 2010)
VANCOUVER –After months of uncertainty, Teck Resources (TCK. B-T, TCK-N) has said it will develop the Aqqaluk deposit at its Red Dog zinc mine in northwestern Alaska.
Goldcorp defends mining practices (May 31, 2010)
While Goldcorp (G-T, GG-N) discussed plans for production growth and dividend increases at its annual shareholders’ meeting in Toronto on May 19, much of the conversation surrounded the gold miner’s p…
Cliffs makes play for majority stake in Big Daddy
A battle for control over the high-grade Big Daddy chromite deposit in the McFauld’s Lake area of nor thwes tern Ontar io has erupted. For the moment, it looks like KWG Resources (KWG-V) and Spider Re…
SouthGobi looks to reverse slide
Realigning an open-pit mine and large losses have dampened the recent market enthusiasm for SouthGobi Resources (SGQ-T) and its Ovoot Tolgoi coal project in Mongolia.