ICS Copper plots fresh course at Mokambo
VANCOUVER — Capital markets have not been kind to junior companies struggling to make the transition from exploration to mine development. ICS Copper Systems (ICX-V) has adopted a novel approach to r…
News
Western Areas to fast-track Spotted Quoll
Seven months after discovering the shallow Spotted Quoll nickel deposit, Western Areas (WSA-T, WSA-A) has completed a scoping study and plans to fast-track the project into production next year.
Duluth Metals boosts resource in Minnesota
Duluth Metals (DM-T) has added some heft to its resource estimate for the Nokomis deposit in northeastern Minnesota’s Duluth base metals complex.
Make way for rising potash juniors
A $25-million financing cooked up overnight for new junior Potash North Resource (PON-V, PTNHF-O) shows how hungry investors are for up-and-comers moving into the fertilizer business.
Japan makes plans for energy, resources
Japan is highly sensitive to energy and resource markets because of its situation as a resource-poor nation, almost totally dependent on imported commodities. In view of the increased demand for commo…
Silvercorp Metals on fast track in China
Silvercorp Metals (SVM-T, SVMFF-O) is on a tear in China.
Golconda Resources acquires Lyncorp Drilling
Calgary-based Golconda Resources (GA-V, GOLCF-O) has announced its acquisition of Lyncorp Drilling Services.
Cabo secures Cobalt contract
Cabo Drilling (CBE-V, CBEEF-O) has signed a contract with International Millennium Mining (IMI-V, IMLMF-O), to drill at the company’s Cobalt property, in northeastern Ontario.
Intex begins Mindoro feasibility
Intex Resources has launched a feasibility study for its Mindoro nickel laterite project in the Philippines.
U. S. MARKETS JUNE 3-9
During the June 3-9 trading session, the surging oil price weighed down the main U. S. stock indices, with the Dow Jones Industrial Average falling 224 points, or 1.8%, to 12,280; the S&P 500 Inde…
WSR drilling hits promising hole
VANCOUVER — WSR Gold (WSR-V, WSROF-O) got a healthy boost following news that the sixth drill hole into its Ring of Fire joint venture, in the James Bay lowlands, hit a significant width of volcanic-…
Blockade ends at Minefinders’ Dolores project in Mexico
Two years ago, Minefinders Corp. (MFL-T, MFN-X) negotiated an agreement with the local Ejido community in which both parties agreed to work co-operatively in the development and operations of the comp…