Moly Mines Gets Second Chance At Spinifex Ridge
VANCOUVER — Perhaps no other moly junior stands to gain or lose more than Moly Mines (MOL-T, MOL-A). It owns one of the largest and most advanced molybdenum projects in the world, Spinifex Ridge in n…
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Crocodile Gold Snapped Up By Franc-Or
When former TSX-listed GBS Gold International went belly up in Australia late last year, yet another casualty of the global economic downturn, privately owned Crocodile Gold bought all its assets.
Newmont Finds Pot Of Gold In Oz
Newmont Mining’s (NMC-T, NEM-N) Boddington mine has, at last, swung into production.
Western Areas Signs Offtake Deal
China’s largest nickel company has signed a two-year offtake agreement with Western Areas (WSA-T, WSA-A) that will give the Australian nickel producer exposure to one of the world’s fastest growing ma…
Northgate’s Aussie Mines Help Power Q2 Profits
VANCOUVER — Things are going well for Northgate Minerals (NGX-T, NXG-X): the company is making money, increasing its gold reserves in Australia, and moving development plans ahead in Ontario, and it …
East Asia Drills In Indonesia
Drilling is off to a good start at East Asia Minerals’ (EAS-V, EAIAF-O) Miwah gold project in northern Sumatra Island, Indonesia, with the first two holes showing some near-surface mineralization.
Yukon Property Returns More Gold For Atac
VANCOUVER — Atac Resources (ATC-V, ATADF-O) is gradually increasing the strike length of the high-grade oxide zone at its Rau gold property in the Yukon.
Andean Resources Expands Bajo Negro Target
VANCOUVER — Andean Resources’ (AND-T, AND-A) latest drill results extend gold-silver mineralization at depth and along strike in both directions at the Bajo Negro target on the company’s Cerro Negro …
Dioro, La Mancha Boost Frog’s Leg Reserves
VANCOUVER–Proven and probable reserves are up by 45% at the Frog’s Leg mine, a 51-49 joint venture between La Mancha Resources (LMA-T, LACHF-O) and Dioro Exploration (DIO-T, DIO-A).
A Thumb’s Up For Aurcana’s Shafter Silver Project
A recent prefeasibility study on Aurcana’s (AUN-V, AUNFF-O) Shafter silver mine in Presidio Cty., Texas, shows the mine could produce 3.2 million oz. silver per year over 4.7 years.
Ecuador’s state mining company now official
Vancouver – The Ecuadorian government has signed an official decree creating a state mining company.
Augusta raises $25 million for Rosemont
Vancouver – Slowly but surely Augusta Resources (AZC-T) is pulling together the funds and permits it needs t…