Mexican Silver Mines to earn in to Iamgold’s La Arena
Vancouver – Less than two years into its corporate life Mexican Silver Mines (MSM-V) wants to get into production…
2009
Huge loss for Uranium One
Uranium One (UUU-T) reported a net loss of US$258.8 million for the fourth quarter of 2008, amounting to a total lo…
Situation in Madagascar worsening
Madagascar is in a state of upheaval, and while foreign miners with operations there say they have thus far been un…
Raising $5.3M Helio CEO details Tanzanian drill program
Vancouver – A cashing-up Helio Resource (HRC-V, HELOF-O) is tentatively planning a 20,000 metre drill program at it…
Tanzanian Royalty and Songshan Mining sign option agreement
In a deal that brings together two of his interests — Africa and the emerging economies of Asia, and in particular…
Coeur d’Alene poised to open Mexican mine
It was less than a year ago that Coeur d’Alene Mines (CDM-T, CDE-n, CXC-a) opened its massive San Bartolome silver …
Macarthur’s $100M Payday Disappears
VANCOUVER –It seemed too good to be true and it was: Macarthur Minerals( MMS-V, MMSDF-O) fell 45% on news that a $100-million deal for its Lake Giles iron ore deposit in Western Australia fell throug…
Hawk Quits Noront JV On Disappointing Results
Ho-hum exploration results in the “Ring of Fire” in the McFaulds Lake area of northern Ontario have forced Hawk Uranium (HUI-V, HWKPF-O) to bow out of its joint-venture option agreement with Noront Re…
Nagging Court Case Over For Farallon
Farallon Resources (FAN-T, FRLLF-O) is generating positive news despite being a base metal producer in a slumping metals market.
U. S. Markets – March 3-9
In a CNBC television interview on March 9, Warren Buffet said the U. S. economy had “fallen off a cliff” and argued Washington needed to wage an “economic war” to fix it and restore confidence in the …
Oyu Tolgoi Agreement Makes Headway In Mongolia
Ivanhoe Mines (IVN-T, IVN-Q) says that Mongolia’s cabinet has completed its second review of the draft investment agreement for the massive Oyu Tolgoi project and has said it will present the draft to…
Toronto Stock Exchange – March 3-9
The TSX was down during the March 3-9 reporting period, with the S&P/TSX composite index losing 121 points, or 1.6%, to 7,567. Last May, the index hit 15,000.