Proposed mines showing robust economics
The week ended April 5, the fourteenth trading week of 2008, started off on a high note, with a positive new economic study of the top Canadian gold play of the past year: Osisko Exploration’s wholly …
Industrial/Specialty Minerals
MagIndustries scores potash licence
MagIndustries (MAA-V, MAAFF-O) has nailed a 25-year licence to mine potash in the Republic of Congo in equatorial Africa.
Moly Mines boosts Spinifex Ridge resource (March 31, 2008)
Vancouver – On strong outlook for molybdenum prices Moly Mines (MOL-T, MOL-A) has tabled a significant resource inc…
No end in sight for moly rally (March 31, 2008)
Diminishing inventories, surging steel consumption and the widening scope of end-uses for molybdenum will sustain the current rally in prices for the base metal, according to the CPM Group, a New York…
Molycor hits magnesium in Nevada
On a day when markets around the world tumbled on news of a Bear Stearns (BSC-N) fire sale, Molycor Gold (MOR-V, MLYFF-O) managed to carve out some slim gains based on drill results from its operation…
Thompson Creek reports solid 2007;Thompson Creek
Th o m p s o n Creek Metals’ (TCM-T, TC-N) year-end financials show the company is on solid ground a year and a half after completing a US$575 -m i l – lion acquisition that gave it producing molybden…
Redhawk finds deep breccia at Copper Creek (March 20, 2008)
Vancouver – Exploration drilling is returning long, strong intercepts for Redhawk Resources (RDK-V) as the company …
Magnesium for Molycor Gold
On a day when markets around the world were tumbling on news of a Bear Stearns fire sale, Molycor Gold managed to c…
MagIndustries eyes Congo potash mine
VANCOUVER — MagIndustries (MAA-V, MAAFF-O) has lined up a $100-million brokered offering for subsidiary MagMinerals that is earmarked for planned development of its Kouilou potash project, in the Rep…
Chinese group to buy slice of N. A. Tungsten
VANCOUVER — A major mining company from the Far East is taking a bite of the Western World’s largest tungsten producer, North American Tungsten (NTC-V, NATUF-O), in a financing and strategic alliance…
Thompson Creek to boost moly production at Endako
Thompson Creek Metals (TCM-T, TC-N) is expanding its Endako molybdenum operation, in northern B.C. to handle 50,000…
Erdene extends Mongolian Racetrack deposits
Erdene Resources (ERD-T) has added several hundred metres of molybdenum mineralization to its Zuun Mod project in M…