African Metals held up by violence and rain
National elections in the Democratic Republic of the Congo (DRC) have held up African Metals (AFR-V) in the development of its Luisha South copper and cobalt project.
2011
Silvercorp to update resources and reserves
Even after a KPMG forensic report in October cleared Silvercorp Metals (SVM-T, SVM-N) of anonymous allegations of accounting fraud, China’s largest primary silver producer has announced that it has retained two independent consulting firms (AMC…
CaNickel cuts back operations
CaNickel Mining (CML-T) is scaling back operations at its Bucko Lake mine near Wabowden in Manitoba due to “unfavourable” nickel prices, the company has announced.
New royalties scare Gabriel investors
Investors in Gabriel Resources (GBU-T) were hit by post-Christmas sticker shock after the government of Romania announced that it would be doubling royalties on gold production in the country.
Canada Zinc Metals drills Cardiac Creek
Since this year’s drill program began in May at Canada Zinc Metals’ (CZX-V) Cardiac Creek SEDEX zinc-lead-silver deposit on its Akie property, 260 km northwest of the town of Mackenzie in northeastern British Columbia, the company…
Playfair’s tungsten resource grows at Grey River
Playfair Mining (PLY-V) has increased its inferred resource at Grey River in Newfoundland by 16% to 1.2 million tonnes grading 0.73% tungsten trioxide for 18.8 million pounds of tungsten trioxide or 853,000 metric tonne units (MTUs), the…
ScotGold’s Cononish ages nicely in the barrel
Tyndrum, a tiny village of around 160 people in Scotland’s Grampian Highlands, sits at the northern edge of the Loch Lomond and Trossachs National Park on the side of a highway.
Lower metal prices force Moly Mines to halt project development
Lower prices and a higher Australian dollar have combined to force Moly Mines (MOL-T) to put its Spinifex Ridge molybdenum-copper project on hold.
China sets first tranche of 2012 REE export quotas
China has determined that its first tranche of export quotas for rare earth elements in 2012 will be 10,546 tonnes, down 27% from its first tranche of export quotas in 2011, but the China Daily reported that officials at the Ministry of…
Scottish gold project divides then unites rural community (Part 1)
Tyndrum, a tiny village of around 160 people in Scotland’s Grampian Highlands, sits at the northern edge of the Loch Lomond and Trossachs National Park on the side of a highway.
First Mexican has high hopes for Guadalupe
Ongoing exploration for a cash-strapped junior is hard to do in a turbulent market, but it can reap handsome rewards. The possibility of a huge payoff has First Mexican Gold’s (FMG-V) president and CEO Jim Voisin pushing forward the company’s…
Canadian Zinc closer to opening Prairie Creek
Canadian Zinc (CZN-T) has been flashed a green light from environmental authorities to go ahead with developing its Prairie Creek mine in the Northwest Territories.