Prophecy advances its Chandgana power plant
Prophecy Coal (PCY-T, PCY-V) could start building its 600-megawatt (MW) Chandgana power plant in Mongolia by early 2013, positioning itself for a 2016 start.
News
Armistice is on a roll
Shares of Armistice Resources (AZ-T) surged 55% to close at 24¢ on Nov. 24 after the company announced it expects gold production at its McGarry underground mine in Ontario to start in December, followed by gold sales in the first quarter…
Citation enters Guerrero gold belt
Yet another explorer is trying their hand at the Guerrero gold belt of southwest Mexico, with Citation Resources (CTT-V) signing an option agreement on a block of property there.
Platinum Group makes new Bushveld discovery
Platinum Group Metals (PTM-T) has hit high-grade precious metal intercepts in an area north of the previously mapped Bushveld complex in South Africa.
Results continue to perk up investors at Kaminak
The deepest hole ever drilled into Kaminak Gold’s (KAM-V) early stage exploration Coffee property in the Yukon has intersected high-grade gold zones in the Latte zone.
Orocobre – Argentina’s next low-cost lithium producer?
Brisbane-based Orocobre (ORL-T, ORE-A) is looking to become a significant new lithium producer with its advanced-stage Salar de Olaroz lithium-potash brine project in northwestern Argentina. The company already has a definitive feasibility…
London Mining gets the iron ore out of Sierra Leone
The world’s latest iron-ore mine comes out of a former key producer that is looking to get back on the mining track.
Amarillo completes prefeasibility on Posse
Amarillo Gold’s (AGC-V) Posse deposit in the Brazilian state of Goias is surrounded by a number of large copper, gold and nickel laterite projects and was previously mined by the Western Mining Company during the 1990s.
Positive initial metallurgy for Probe Mines
Results of an initial scoping study on the metallurgy at the Borden Lake project near Chapleau, Ontario are encouraging for Probe Mines (PRB-V).
Legacy looks to make history
K+S plans to go ahead with building its Legacy project in Saskatchewan’s highly prospective potash basin, with initial production expected in 2015.
Gold mostly to blame for India’s current account deficit
A massive appetite for gold across India is causing the country’s current account deficit to widen as most of the South Asian nation’s gold demand is met through imports, a new study by Macquaire Economics Research says.
Keegan shares oversold, Canaccord says
Shares of Keegan Resources (KGN-T, KGN-X) are undervalued even when taking into account new tax changes proposed in Ghana, Canaccord Genuity mining analyst Nicholas Campbell argues in a research note to clients, adding that he believes the…