Lower metal prices force Moly Mines to halt project development
Lower prices and a higher Australian dollar have combined to force Moly Mines (MOL-T) to put its Spinifex Ridge molybdenum-copper project on hold.
Lower prices and a higher Australian dollar have combined to force Moly Mines (MOL-T) to put its Spinifex Ridge molybdenum-copper project on hold.
China has determined that its first tranche of export quotas for rare earth elements in 2012 will be 10,546 tonnes, down 27% from its first tranche of export quotas in 2011, but the China Daily reported that officials at the Ministry of…
Tyndrum, a tiny village of around 160 people in Scotland’s Grampian Highlands, sits at the northern edge of the Loch Lomond and Trossachs National Park on the side of a highway.
Ongoing exploration for a cash-strapped junior is hard to do in a turbulent market, but it can reap handsome rewards. The possibility of a huge payoff has First Mexican Gold’s (FMG-V) president and CEO Jim Voisin pushing forward the company’s…
Weeks of mounting tension between opposing factions of the board of Mosquito Consolidated Gold Mines (MSQ-V) came to the fore at the company’s annual general meeting on Dec. 16, as shareholders finally had their say in the matter.
The following is an excerpt from a report entitled Minerals and Africa’s Development, released by the United Nations’ Economic Commission for Africa and the African Union. For the full report visit africaminingvision.org.
Infill drilling at Extorre Gold Mines’ (XG-T, XG-X) Cerro Moro project in Argentina’s Santa Cruz province has captured the attention of investors, with high-grade intercepts carrying 11 metres of 36.3 grams gold per tonne and 4,412 grams…
Canadian Zinc (CZN-T) has been flashed a green light from environmental authorities to go ahead with developing its Prairie Creek mine in the Northwest Territories.
Nearly seven years after Rambler Metals and Mining (RAB-V, RMM-L) took control of the past-producing Ming copper-gold mine on Newfoundland Baie Verte peninsula, the company has poured its first gold doré bar and shipped it for further…
As Western powers prepare to fully withdraw their troops from Afghanistan by the end of 2014, Wahidullah Shahrani, Afganistan’s minister of mines, is preparing for a very different kind of deployment.
For the past six years, Martin Amyot has been making an annual trek to Vancouver to try to convince investors that not only has Sudan had a gold mine in continuous operation since 1991, but also that the mine will be in operation for years to…
In the Brazilian state of Goias, Amarillo Gold’s (AGC-V) Posse deposit – previously mined by Western Mining during the nineties – is surrounded by a number of large, copper-gold-nickel laterite projects.
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