Oil money now flowing to mining
The government of Ras Al Khaimah, a part of the United Arab Emirates (UAE), has set up what may become the first Mi…
Copper
Relincho produces more mega intercepts
Vancouver – The end of the road is in sight for Global Copper (GLQ-V) it will soon become part of Teck Cominco (T…
First Metals moves on Magusi
First Metals (FMA-T, FSTMF-O) has received permission to develop an underground access ramp to extract a 50,000-tonne bulk sample from its Magusi River zinc-coppergold-silver deposit near Rouyn-Norand…
Aura buys copper mine in Mexico
Aura Minerals (ORA-T, ORAUF-O) has spent $70 million in cash and shares for a producing copper mine in Mexico that has the potential to turn out 28,000 tonnes of copper concentrate per year.
First hole golden for Northern Freegold (June 23, 2008)
VANCOUVER — The first hole of the summer season into Northern Freegold Resources’ (NFR-V, NFRGF-O) Freegold Mountain project in the Yukon has returned a stunning gold result that has the company’s ma…
Aura set to redo Arapiraca resource
Vancouver – After a long delay at the lab, the final set of assay results before a resource calculation for Aura Mi…
San Anton, Goldcorp up Cerro del Gallo resource
Vancouver – San Anton Resource (SNN-T) and Goldcorp (G-T, GG-N) have raised the resource estimate for their Cerro d…
Apoquindo: fast and focused in South America (June 19, 2008)
Vancouver – Apoquindo Minerals (AQM-V) is on a mission. The junior exploration company, which only debuted on t…
Red Chris back on track for Imperial Metals (June 17, 2008)
Vancouver – The road has never been smooth for the Red Chris copper-gold project in northwest British Columbia. Now…
Augusta nails US$40 million facility with Sumitomo
Augusta Resource Corp. (AZC-T, AZC-X) traded up 71 a share or 13.6% to finish at a 52-week high of $5.93 today on …
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…
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-…