T’is the season to merge: Lihir Gold and Equigold next up
A diversified portfolio of producing mines, low cash costs and a growth pipeline are the upshot of a proposed merge…
Australia, NZ & South Pacific
Golden hole lifts Troy for second time
Vancouver – In early April results from the top half of a gold-rich hole at the Sandstone project in Australia boos…
Investor group takes 30% stake in Lake Giles iron ore project
Australian junior Macarthur Minerals (MMS-V) is capitalizing on Asian steel companies seeking to set up long-term…
Japan teams with Aussie junior in Cambodia (April 21, 2008)
A Japanese government-run company has agreed to spend US$4.5 million over three years on two of Southern Gold’s (SUTHF-O, SAU-A) Cambodian exploration projects.
Troy jumps on golden hole Down Under (April 21, 2008)
VANCOUVER–On the heels ofatemporary mill shutdown in Brazil that dragged its share price down, Troy Resources (TRY-T) rebounded with drill results out of Australia that prompted a 16% share gain.
Moly Mines boosts Spinifex Ridge resource (April 14, 2008)
VANCOUVER– Moly Mines (MOL-T, MOL-A) has announced a resource increase of more than 100% at its Spinifex Ridge molybdenum-copper project, located in the Pilbara region of Western Australia.
Bannerman plans production by 2011
With questions over the ability of juniors to bring on new supply seen as a significant factor in continuing high uranium prices, Bannerman Resources (BAN-T, BMN-A) is looking to distinguish itself fr…
Laramide cuts wide uranium at Westmoreland (April 14, 2008)
VANCOUVER — The latest round of drilling by Laramide Resources (LAM-T, LMRXF-O) at its Westmoreland uranium project in Australia’s Queensland state continue to confirm historic results and has return…
Aldershot likes uranium outlook Down Under
VANCOUVER–Despite ongoing restrictions on uranium development in some regions of Australia, Aldershot Resources (ALZ-V, ALZTF-O) likes the longer-term outlook and believes the tide will change.
Proposed mines showing robust economics
The week ended April 5, the fourteenth trading week of 2008, started off on a high note, with a positive new economic study of the top Canadian gold play of the past year: Osisko Exploration’s wholly …
Intrepid confirms gold zone extension at Paulsens mine
With the goal of extending the mine life of the Paulsen’s gold mine in Western Australia from two years to five, In…
Troy jumps on golden hole Down Under (April 09, 2008)
Vancouver – On the heels of a temporary mill shutdown in Brazil that dragged its share price down, Troy Resources (…