St. Elias falls on the drill
Disappointing drill results from the Tesoro gold project in Peru sent St. Elias Mines (SLI-V) shares tumbling on Wednesday.
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Woulfe starts outlining Muguk’s charm
Woulfe Mining, (wof-v) pleased with an initial resource at the Muguk gold-silver project in South Korea, has started a scoping study at the past-producing mine.
Int’l Minerals to have 4 gold-silver projects at feasibility stage in 2012
International Minerals (IMZ-T) has completed a positive feasibility study for its 40% owned Inmaculada underground gold-silver project in southern Peru, where it anticipates annual gold and silver production totalling 194,000 oz….
Korean partners exercise option in Cobre Panama
Korea Resources Corp. and LS-Nikko Copper are exercising their option to take a 20% stake in Cobre Panama, a large open-pit copper development project in Panama owned by Inmet Mining (IMN-T).
Three companies better than one for Western Copper family
Vancouver – Convinced its portfolio of projects weren’t being adequately appreciated in the market, Yukon-focused Western Copper last year decided to spin out everything but its flagship Casino project into two new companies.
Pacific North jumps on River Valley
Pacific North West Capital (PFN-T) saw it shares surge 24% as it released another nine assays from its River Valley primary platinum group metals (PGM) deposit near Sudbury, Ont.
Golden Predator makes gains in the Yukon
The New Year got off to a strong start for Golden Predator (GPD-T) in the Yukon with drill results from the Sleeman zone at its flagship Brewery Creek deposit and a new gold discovery at Cache Creek.
Helio high on southern Tanzania
Helio Resource Corp. (HRC-V) continues to show that Tanzania has plenty of gold potential further south than most Western investors would have it.
Teck to buy SilverBirch Energy
Teck Resources (TCK.B-T, TCK-N) is raising its exposure to Alberta’s oil sands with plans to purchase SilverBirch Energy (SBE-V) in a cash and stock deal worth about $435 million. The acquisition will give Teck the rest of the Frontier oil…
Auracle shares pop 51% before drill results
Shares of new Vancouver-based gold explorer Auracle Resources (AAL-V) spiked 51% last week to 46¢ apiece before the release of assay results from the company’s first round of drilling at its Mexican Hat gold property in Arizona.
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Alcoa – Mark Davies appointed president of global business services.
Inmet’s Cobre Panama clears environmental hurdle
Inmet Mining (IMN-T) shares surged $3.12 apiece, or 4.76%, to close at $68.62 in the new year after the company announced that the Panamanian government has approved an environmental and social impact assessment for its Cobre Panama…