Centerra flaunts a strong quarter
Centerra Gold (CG-T) posted solid third-quarter results, with profits soaring nearly 400%.
Asia
NMC doubles resource at moly mine
Vancouver – South Korea-focused NMC Resource (NRC-V) has substantially increased contained resources at its high-grade Moland molybdenum mine.
Will Japan’s disasters derail the diamond recovery?
As the human toll of Japan’s devastating triple disaster becomes clearer, the world is beginning to take stock of the potential economic impacts of the March earthquake, tsunami and nuclear…
U-Sea Colonsay sets sail
The second of nine new vessels to be operated by Canpotex through a joint venture with Copenhagen-based U-Sea Bulk has been delivered, and is expected to arrive at the Neptune Terminals facility in Vancouver’s North Shore on Nov. 7 to load…
Silvercorp rallies on audit findings
Vancouver – Silvercorp Metals (SVM-T, SVM-N) looks to have been vindicated of fraud allegations in a forensic audit, leading to a sharp recovery in its share price.
Violence plagues Freeport’s Grasberg mine
Three contractor workers died and two security personnel were wounded at Freeport-McMoRan Copper & Gold’s (fcx-n) Grasberg copper-gold mine in Indonesia’s Papua province on Oct. 14.
Oyu Tolgoi investment agreement safe…for now
Less than two weeks after a group of twenty parliamentarians in Mongolia accused the government of breaking the law when it concluded an investment agreement (IA) on the Oyu Tolgoi project, Ivanhoe Mines (IVN-T, IVN-N) issued a joint statement…
Rumours about Oyu Tolgoi rattle Ivanhoe
Dale Choi, an analyst at Frontier Securities in Ulaanbaatar, Mongolia, is recommending to clients that they buy long-term call options on Ivanhoe Mines (IVN-T, IVN-N) due to the “panic” surrounding rumours of possible revisions to the Oyu…
Mongolian MPs post hostile letter about OT
In an open letter to Rio Tinto (RIO-N, RIO-L) published yesterday on Mongolian website medee.nn, a group of twenty parliamentarians in Mongolia reportedly accused the government of breaking the law when it concluded an investment agreement (IA)…
Oyu Tolgoi rumours rattle Ivanhoe
Dale Choi, an analyst at Frontier Securities in Ulaanbaatar, is recommending to clients that they buy long-term call options on Ivanhoe Mines (IVN-T, IVN-N) due to the “panic” surrounding rumours of possible revisions to the Oyu Tolgoi…
China Gold boosts Jiama’s resource
China Gold International Resources (CGG-T) is working hard to impress the market with its Jiama copper mine in China, as it boosts resources and looks to undergo a major mine expansion.
Prophecy Coal looks to satisfy Mongolia’s power needs
With the Mongolian economy growing at one of the fastest rates in the world, and China eyeing its neighbour as a potential long-term power source, Vancouver-based Prophecy Coal (PCY-T) is optimistic about its prospects for a power-purchase…