Etruscan Production Falls Short
VANCOUVER– Beset by electrification delays and diminished blasting capacity, Etruscan Resources’ (EET-T, ETRIF-O) gold production is falling well below expectations for 2009.
Europe
Inmet Ups Las Cruces Financing To $348M
Inmet Mining (IMN-T, IEMMF-O) plans to increase a US$300-million bought-deal financing to $348 million so it can pay off all debts related to building its Las Cruces open-pit copper mine in Spain.
Slovakian uranium deposit is good asset, Tournigan says
A preliminary assessment of Tournigan Energy’s (TVC-V) Kuriskova uranium deposit in Slovakia calculates a payback w…
Glen Eagle To Sue Kinbauri Over Failed Financing
VANCOUVER — Glen Eagle Resources (GER-V, GERFF-O) says it intends to sue Kinbauri Gold (KNB-V, KINBF-O) for damages over what it calls a breach of the two juniors’ April agreement that would have see…
Glen Eagle to sue Kinbauri over failed financing
Vancouver – Glen Eagle Resources (GER-V, GERFF-O) says it intends to sue Kinbauri Gold (KNB-V, KINBF-O) for damag…
Inmet raises $348 million for Los Cruces debts
Inmet Mining (IMN-T) plans to increase a $300-million bought-deal financing to $348 million so it can pay off all d…
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 …
Lydian Gets 25-Year Mining Licence In Armenia
Lydian International (LYD-T, LYDIF-O) has been granted a 25-year mining licence for its Amulsar gold project by the government of Armenia — one of the first licences granted under the country’s new m…
Kinbauri Spurns Orvana Offer
VANCOUVER–A battle for Kinbauri Gold’s (KNB-V, KINBF-O) primary asset, a 100% stake in the El Valle and Carles gold project in Spain, is brewing as gold miner Orvana Minerals (ORV-T, ORVMF-O) has ent…
Kinbauri share-price up 50% on rejection of Orvana offer
Vancouver – It appears as if a battle for Kinbauri’s Gold’s (KNB-V, KINBF-O) primary asset, a 100% stake in the E…
Blackstone advances Scandinavian nickel projects
Vancouver – Thanks to momentum supported by loftier pre-economic meltdown nickel prices Blackstone Ventures (BLV-…
Northland Confirms Historic Grades At Tapuli Satellite Target
VANCOUVER– Even as Northland Resources (NAU-T, NRSRF-O) moves along its Tapuli iron ore project in Sweden, the company continues to confirm good iron grades at the nearby Pellivuoma target.