MagIndustries raises $26M for Kouilou
Vancouver – A $26-million financing is giving MagIndustries (MAA-V) enough cash to continue phase I construction …
News
$40.5 million for Semafo
West-Africa-focused Semafo (SMF-T) plans to raise $40.5 million through a bought deal financing, the company report…
Tough first quarter for Iberian
It was a tough quarter for Iberian Minerals (IZN-V) and with prices of base metals fluctuating, the company warned …
Cozamin reserves and mine life grow for Capstone
Vancouver – May was a busy month for Capstone Mining (CS-T) and on the first of June investors took note, lifting…
Niger joins first line of uranium producers
Tom Bell makes two startling predictions for Niger’s vast uranium resources.The State College, Pa.-based consulti…
Marathon improves metallurgy recoveries
Recent metallurgical testing improves the net present value of the Marathon PGM’s (MAR-T) platinum group metals and…
Red Back: Big growth through DRC
After kicking the tires for over two years, Red Back Mining (RBI-T) finally decided to take the plunge.The compan…
Mongolian Election Causes Market Jitters
Sometimes the market gets it right, and sometimes it doesn’t.
Cardero’s Half-Off Sale
VANCOUVER — With a bleak outlook for iron ore markets, Cardero Resource (CDU-T, CDY-X) has announced that it will accept exactly half the original US$200-million sale price for its Pampa de Pongo iro…
Continental Proves Up Second Deposit In Tibet
VANCOUVER — The main deposit alone made Xietongmen a solid copper-gold project. Now Continental Minerals (KMK-V, KMKCF-O) has more than doubled the property’s resource count with a new deposit just 2…
Avion Flying Fast In West Africa
Avion Resources (AVR-V, AVRCF-O) has managed to beat its own guidance for the first month and a half of production at its Segala gold mine in Mali, and in doing so, has fuelled a remarkable turnaround…
Canadian Exploration Spending Expected To Halve In 2009
VANCOUVER–For a junior to spend even half as much on exploration in Canada this year as compared to last may now be considered pretty normal, if not pretty good.