Mirasol builds on the back of the drill
Mirasol Resources (MRZ-V) has built a healthy market run of late and it has done so the good old-fashion way: …
2010
Pinnacle boosts Silver Coin resource
Vancouver – A preliminary economic analysis of Pinnacle Mines’ (PNL-V) Silver Coin project in northwest B…
UN Sanctions Against Eritrea To Impede Miners?
Sunridge Gold (SGC-V) says new United Nations Security Council sanctions against Eritrea won’t interfere with its ambitious drilling and exploration plans there in 2010.
Duluth Metals Soars On Nokomis Resource
An expanded resource for the Nokomis polymetallic deposit in Minnesota “confirms” the deposit is “one of the largest valuable mineral assets in the world,” says Henry Sandri, president and chief execu…
Chinese Bid $679M For Corriente
VANCOUVER — After a year of negotiations, Corriente Resources (CTQ-T) has inked a deal to sell itself and its massive copper-gold projects in Ecuador to two Chinese companies for $679 million.
First Quantum Picks Up Ravensthorpe From BHP
BHP Billiton (BHP-N, BLT-L) suspended operations at its Ravensthorpe nickel project in Western Australia in January after nickel prices plunged in late 2008 and it encountered a series of operating an…
Queenston Banking On Kirkland Lake To Return To Producer Status
New resource estimates for two of its deposits in the Kirkland Lake camp have brought Queenston Mining’s (QMI-T) gold resources in this corner of northeastern Ontario to 640,000 measured and indicated…
Big Paydays For Canplats, Corriente
In what may be a sign of a lively year ahead, the last trading week of 2009 was dominated by cash-rich bids for two Canadian juniors with advanced projects in Latin America.
Optimism Returning: Survey
— The following are the latest findings of the Mining Recruitment Group’s Executive Survey, which was distributed and completed during the first two weeks of December 2009. This survey is the fifth i…
IFC To Buy Helios Stake
VANCOUVER — International Finance Corp. (IFC), the private-sector investment arm of the World Bank, plans to take a 15% stake in Tanzania-focused Helio Resource (HRC-V), making it the junior’s second…
Patience Pays Off For Cameco In Centerra Sale
After years of talking about selling its stake in Centerra Gold (CG-T) to focus on its core uranium business, Cameco (cco-t, ccj-n) has successfully struck while the gold price is hot.
Fitch Ratings Weighs In With Base Metal Forecasts
For the next two years, spending on mining exploration and expansion projects will remain on average below peak levels reached in 2008, according to analysts at Fitch Ratings in a Dec. 22 special repo…