CGA Mining To Raise $17M
VANCOUVER — As CGA Mining (CGA-T, CGAFF-O) ships its first gold from the Masbate project 350 km south of Manila in the Philippines, it is raising $17 million through a private placement.
Australia, NZ & South Pacific
Rio Tinto Scraps Chinalco Deal For Iron Ore JV With BHP
Rio Tinto (RTP-N, RIO-L) shares surged 10.3% on the London Stock Exchange and 6.2% on the New York Stock Exchange on June 5 after the mining giant declared it was walking away from a deal with Chinese…
Overland Expands Yukon Zinc-Lead Resource
VANCOUVER — As Overland Resources (OVR-A) pursues an updated economic study of the Andrew zinc project, 300 km northeast of Whitehorse, Yukon, it has significantly boosted the project’s tonnage.
Rare earth miners: on the cusp of a rally?
While the surge in high technology and green technology applications for rare earths seemingly indicates good times…
Batman study is positive, says Vista Gold
Vista Gold (VGZ-T, VGZ-N) plans to move ahead with a prefeasibility study on the Batman deposit at its Mt. Todd gol…
Rio scraps Chinalco deal for iron-ore joint venture with BHP
Rio Tinto (RTP-N, RIO-L) shares surged 10.33% on the London Stock Exchange and 6.23% on the New York Stock Exchange…
Ivanhoe Touts Aussie Rhenium-Moly Project
When Peter Reeve describes Ivanhoe Australia’s “remarkable” Merlin zone, he likens it to some of the great mineral discoveries in Australian history.
Overland expands Yukon zinc-lead resource
Vancouver – As Overland Resources (OVR-A) pursues an updated economic study of the Andrew zinc project, 300-km nort…
Nautilus using down time to improve Solwara 1 plans
Vancouver – Construction of its novel deep-sea mining equipment has been on hold since December but Nautilus Mine…
Barrick fights public relations battle in Papua New Guinea
While Barrick Gold (ABX-T, ABX-N) has decided to push ahead and build the Pascua Lama mine atop the Andean glaciers…
Zuma Handed The Reins In South Africa
The biggest geopolitical event in the mining world during the 16th trading week was the changing of the guard in South Africa.
Laurentian and AngloGold on the hunt for new gold in Canada
Vancouver – Laurentian Goldfields (LGF-V) wants to find new gold deposits in Canada and thinks new exploration conc…