Novus starts drilling at Ren
Vancouver – News that Novus Gold (NOV-T) has started drilling at its Ren gold project in the Northwest Territo…
News
Anglo American trims down; sells zinc assets to Vedanta
Anglo American (AAL-L, AAUK-Q) is selling zinc assets in Namibia, Ireland and South Africa to Vedanta Re…
Caspiche resources grow 23% (May 10, 2010)
Exeter Resource (XRC-T, XRA-X) has increased and upgraded resources at its sizable Caspiche gold-copper project in Chile.
Gold Fields not as lucky as Centerra in Kyrgyzstan (May 10, 2010)
Investors hoping for a smooth transition of governments in Kyrgyzstan were disappointed that Gold Fields (GFI-N, GOF-L)had run into trouble in the Central Asian country.
Cline Mining raises cash for New Elk coal mine in Colorado
VANCOUVER — Cline Mining (CMK-T) has completed a $45- million financing on the heels of a preliminary assessment for its wholly-owned New Elk coal mine project in southern Colorado.
Largo secures US$150M for Maracas
VANCOUVER — Largo Resources (LGO-V) has conditionally secured more than half the needed funds to develop its 76%-owned Maracas vanadium-platinum-group-metals project in Brazil’s Bahia state.
Fire River moves ahead on Nixon Fork tailings (May 10, 2010)
Now that Fire River Gold (FAU-V) has received promising results about leftover gold in the tailings at its fly-in Nixon Fork gold mine near McGrath, Alaska, the company is evaluating how much it will …
US Gold sees 6-year mine life at Gold Bar
US Gold (UXG-T, UXG-X) has completed a preliminary economic assessment on its Gold Bar project in Eureka County, Nev., that looks at producing 57,000 oz. gold per year from an open-pit mine and heap-l…
Sandspring up and running in Guyana
VANCOUVER — Between completing a public listing, hitting a number of long gold intercepts in Guyana, and finalizing $14.5 million in financings, Sandspring Resources (SSP-V) has had a busy few months…
Teck shows more signs of renewal (May 10, 2010)
VANCOUVER — In the latest sign of a strong recovery, Teck Resources (TCK. B-T, TCK-N) has reinstated an annual dividend after paying a significant portion of its debt ahead of schedule.”There’s a lot of good news to comment on today,” said…
Hathor investors unfazed by high-grade at Roughrider East
VANCOUVER — The first set of assay results from the winter drill program at Hathor Exploration’s (HAT-V) Midwest Northeast project indicate the new Roughrider East zone should contribute handsomely to the growing uranium resource at the…
Aurizon extends Hosco zone at Joanna
Aurizon Mines (ARZ-T, AZK-X), a gold producer in the Abitibi region of northwestern Quebec, has extended, through infill drilling, the promising Hosco zone at its Joanna project, 20 km outside of the town of Rouyn-Noranda.Results from 28 new…