Galway hits “best gold intersect yet” at California
Vancouver – Galway Resources (GWY-V) has hit what it describes as the best gold intersect to date at its California project in Colombia.
2011
AngloGold move lifts First Uranium
AngloGold Ashanti (AU-N) clearly likes the discounted price on uranium plays and its confidence in one producer is reverberating through the market. The gold producing senior miner is taking a significant position in Toronto-based First Uranium…
Puget Ventures set to become Global Cobalt
Vancouver – Within weeks Puget Ventures (PVS-V) expects to complete a fundamental transformation from a modest Ontario-focused cobalt explorer into a global player with a new name, new financing, and a new focus on a the Republic of Altai in…
Positive economics for Brazilian Gold’s Sao Jorge
Glass Earth sees clear potential in New Zealand
Vancouver – New Zealand is hardly a major destination for gold exploration, but the low-profile presents possible opportunities for smaller and determined players.
South African dealmaker finds US$100 million for struggling Axmin
Turning around a penniless junior mineral explorer looking to develop a gold project in the Central African Republic, of all places, is not a job most people would relish. Taking the job without a salary in order to save the company money -…
Lower Q2 production at Eastplats’ Crocodile
Eastern Platinum (elr-t) saw second quarter production from its main Crocodile River platinum group metals (PGM) mine in South Africa’s Bushveld Complex shrink by one third, due to labour issues that led to a strike at the mine in early May.
Short Position Report
TSX Short Positions Short positions outstanding at July 15/11 (with changes from June…
Cashed-up Century Iron exploring Quebec, Labrador
Vancouver – Backed by deep-pocketed investors, Century Iron Mines (FER-V) has launched as a new iron play in Quebec and the Labrador Trough.
Cedar Mountain drills untested Alaskan gold anomalies
Vancouver – While many of its peers are exploring emerging Yukon gold belts such as the White Gold district and the Selwyn Basin in their hunt for the next big Arctic gold deposit, Cedar Mountain Exploration (CED-V) has its sights set on an…
Frontier set to make splash in rare earths sector
In the race to bring the world new sources of rare earths from places other than China, Frontier Rare Earths (FRO-T) put itself in a solid position thanks to a deal with a deep pocketed Korean consortium.
Not a sunny day for Lake Shore
Lake Shore Gold’s (LSG-T) shares plunged to a new low, a day after the company reported lower-than-expected gold grades for the second quarter, along with a year-long mill expansion delay and a reduced full-year production target.