Number of coal deposits found reaches critical mass says Goldsource president
Vancouver – A summer drill program at the Border coal property in Saskatchewan has helped revive the share pri…
News
Extract Estimates Costs For Rossing South
Extract Resources (EXT-T, EXT-A) expects that it would cost US$704 million to build a 15-million-tonne-per-year sulphuric acid leach processing plant and open-pit mining operation at its Rossing South…
Nickel King Boosts Strongbow Shares
A metallurgical study on the main zone of Strongbow Exploration’s (SBW-V, SBWFF-O) Nickel King project in Canada’s Northwest Territories confirms a 78.4% recovery rate into a 16.5% nickel concentrate.
Pumpkin Hollow Grows For Nevada Copper
VANCOUVER — Nevada Copper (NCU-T) has been rewarded for its 26,600-metre drilling effort last year with a significant resource boost at its Pumpkin Hollow iron oxide-copper- gold property in Nevada.
Carpathian’s RDM Looks Promising
VANCOUVER — In just a year and a half, Carpathian Gold (CPN-T, CPNFF-O) has delineated a resource and completed a scoping study for its Riacho dos Machodos (RDM) gold project in Brazil.
Gleichen To Buy Teck’s Morelos
VANCOUVER — Teck (TCK. B-T, TCK-N) has agreed in principle to sell its 78.8% stake in the Morelos gold property to junior explorer Gleichen Resources (GRL-V, GRLFF-O) for US$150 million and a 4.9% in…
Uranerz Reports Resource For Arkose
The Pumpkin Buttes are a series of small buttes or steep-sided hills several hundred feet high in the central portion of Wyoming’s Powder River basin — a district well known for hosting roll-front-ty…
Lundin’s Rebound Buoys HudBay
VANCOUVER– HudBay Minerals’ (HBM-T, HBMFF-O) failed bid to acquire Lundin Mining (LUN-T, LUNMF-O) in the spring led to a nasty boardroom battle and then new leadership for the mid-tier Canadian miner…
Costs Down For FNX In Q2
Cost cutting was the key to FNX Mining’s (FNX-T, FNXMF-O) second- quarter success.
ATW Gold Targets Gold-Copper At Gullewa
VANCOUVER — As part of a confirmation and stepout drill program at its Gullewa project in Australia, ATW Gold (ATW-V, ATWGF-O) has hit a 28-metre intercept grading 1.54 grams gold per tonne, 1.5 gram…
Crescent Gold Expands Laverton
Although Crescent Gold’s (CRA-T, CRE-A) Barnicoat mill in Laverton, Western Australia, will remain on care and maintenance, the company is buying up nearby land packages with a production plan in mind…
First Resource For Crosshair’s Bootheel Uranium Project
The state of Wyoming has produced well in excess of 200 million lbs. of uranium oxide and Crosshair Exploration & Mining (CXX-T, CXZ-X) believes its flagship Bootheel project will play a role in b…