Nevsun Resources (nsu-t, nsu-x) has poured its first gold on time and under budget at Bisha, Eritrea’s first modern-day mine, the company reported on Jan. 4.Ramp up to full commercial production will take place over the course of the first…
Shares of rare earth element companies reached new heights when markets reopened after the Christmas holidays on Dec. 29, 2010, following news that China had cut export quotas for the strategic metals by 35% year-on-year.The Ministry of…
Blue Note Mining (bnt-v) has until the end of March to tie up its acquisition of First Gold Exploration’s (efg-v) stake in the Croinor gold project and the Matchi-Manitou property in Quebec. The deal was originally announced last July with the…
Slam Exploration (sxl-v) has topped up its treasury with private placement financings as it prepares to resume exploration drilling early in the New Year on the Reserve Creek gold project in northern Ontario and the Silverjack base-metal…
With more than $21 million in cash, Kaminak Gold (kam-v) has the funds for an extensive exploration program this year at its Coffee gold project in the White Gold district of the Yukon.The first phase of its drill program, budgeted at $15…
With historic gold production dating back to the early 1800s, coupled by the success Romarco Minerals (r-t) has enjoyed expanding the Haile gold project to 4.2 million contained gold oz., Revolution Resources (rv-t) is focusing its attention on…
After 12 years of profitable operation, Northgate Minerals’ (ngx-t, nxg-x) Kemess South gold-copper mine in north-central British Columbia is shutting down.The large-scale open-pit mine will cease operating in February after ore reserves have…
Vancouver – Fortune Minerals (ft-t) goes into 2011 with big ambitions for its two feasibility-stage projects after a year of steady progress.In British Columbia, the company’s Mount Klappan anthracite coal project now has a clearer path forward…
Marc Johnson, a mining analyst and chartered financial accountant at M Partners in Toronto, initiated coverage of Spanish Mountain Gold (spa-v) in the middle of December 2010, less than a month after the junior released a preliminary economic…
If you ask Marc Blythe, president and chief executive of Tarsis Resources (tcc-v), there aren’t many companies like his that are looking for new projects in the Yukon. “There are probably only one or two publicly listed companies looking for…
Investors snapped to attention when drilling at the Tiger zone in the middle of Atac Resources’ (atc-v) Rau gold property in the Yukon started yielding intercepts of 38.8 metres of 17.1 grams gold per tonne from 33 metres depth, 32.6 metres…
Taseko Mines (tko-t, tgb-x) may have been knocked down by the Canadian government’s ruling against its proposed Prosperity gold-copper mine in B.C., but that doesn’t mean the company has been knocked out.The government turned down the project…
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