At the opening bell on Dec. 30, 2010, Shear Minerals began trading on a consolidated basis under the new name of Shear Diamonds (srm-v).At the company’s recent annual meeting, shareholders and the board of directors approved a 10-to-1 rollback…
Revised offers in the dwindling hours of 2010 from both Nunavut Iron Ore Acquisition and global steel giant ArcelorMittal (mt-n) for junior Baffinland Iron Mines (bim-t) have grabbed the headlines in the first week of 2011. Nunavut Iron Ore,…
Despite all the geopolitical and economic jitters around the world, 2010 proved to be a sweet year for commodities investors.
Oil and gas deals in the exploration and production (E&P) sector reached US$73 billion in the last quarter of 2010 with deals for the year totaling US$238 billion, compared with US$151 billion in 2009. The total deal value in Q4 2010 is…
The rescue of 33 trapped miners at the San Jose copper-gold mine near Copiapó, Chile, relied on the latest mapping technology and expertise to succeed.Entombed over 700 metres below the surface and 5 km from the mine’s entrance, the…
Alcoa – Russell Wisor retired as VP of government affairs; Keith Walton appointed VP of government affairs.Anfield Nickel – Donald Shumka appointed a director.Bear Creek Mining – Frank Tweddle appointed a director.Bowmore Exploration – Richard…
An updated estimate has increased the copper-silver resource at the Ghanzi project in Botswana by more than 40% for Hana Mining (hmg-v), providing a solid foundation for a preliminary economic assessment (PEA) due out in February.The new…
Newly listed NSGold (nsx-v) is determined to make a name for itself in the historic gold camps of Nova Scotia.The junior recently wrapped up a $750,000-exploration drilling campaign on the Mooseland gold project, 110 km by paved highway…
After starting nickel production last April at the Tim King open-pit mine, part of Western Areas’ (wsa-t, wsa-a) Spotted Quoll deposit about 400 km east of Perth, the company has decided to mine underground, too. The nickel sulphide explorer…
Just days before Christmas, NovaGold Resources (ng-t, ng-x) has surprised Copper Canyon Resources (cpy-v) by announcing plans to make an unsolicited takeover bid for the company and its 40% interest in the Copper Canyon copper-gold project in…
Creston boosts NPV at El CrestonVancouver – A year of drilling and metallurgical work has given Creston Moly (cms-v) a big bump in the net present value (NPV) for its El Creston molybdenum deposit in Mexico.The new preliminary economic…
The first seven holes into Mirasol Resources’ (mrz-v) grassroots Virginia silver project in Argentina returned enough silver to add 22% to the company’s share price in a day.Mirasol is working through a 28-hole drill program at Virginia, the…
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