Anaconda sells iron ore assets to pay down debt
Anaconda Mining (ANX-T) has sold off its iron ore assets in Chile in a bid to pay down debt and get more focused on gold.
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Kinross inks agreement in principle on Fruta del Norte
Kinross Gold (K-T, KGC-N) is finalizing a feasibility study on its Fruta del Norte project in southeastern Ecuador that will be completed before the end of the year and project costs and capital and operating costs are expected to exceed those…
Kofi results encourage Avion Gold
Drill results from the C zone of the Kofi property in Mali, West Africa show “excellent potential” for Avion Gold (AVR-T, AVGCF-O) to define a “near-surface, high grade, mineable gold deposit” says the company’s senior vice president of…
Virginia Mines a buy or hold near current levels: Cook, Casey
It is no easy task to find junior exploration companies these days with tangible assets and a share price that might not drop too significantly should the current market uncertainty be a mere prelude to a wide-scale financial system collapse.
Talon gains on Trairao’s resource
Talon Metals (TLO-T) got a much needed boost with an initial resource on three target areas at its Trairao iron project in Brazil’s Para State.
Salazar reports high-grade from Ecuador
Diamond drilling at Salazar Resources’ (SRL-V) 100%-owned Curipamba volcanogenic massive sulphide project in Ecuador has yielded more high-grade precious and base metals over significant widths at the El Domo deposit, which remains open in all…
Sabina Gold boosts resources at Back River
A new resource estimate by Sabina Gold & Silver (SBB-T) at its Back River gold project in Nunavut has the company’s share price moving in the right direction.
Pretium boosts Brucejack resource to 31M oz. gold, 333M oz. silver
Pretium Resources (PVG-T) has increased gold and silver resources at its flagship Brucejack project in northwestern B.C. by as much as 460%, following a mid-year, 72,000-metre drill program.
Cap-Ex’s iron ore discovery grabs market’s attention
Just two short months ago, Cap-Ex Ventures (CEV-V) was one of the smallest and least visible explorer looking for iron ore in Eastern Canada’s Labrador Trough. But as the first assays from the company’s main Block 103 iron ore property near…
Allana Potash sketches US$796M capex for Dallol
Allana Potash (AAA-T, AAA-V) is painting a rosy picture of its Dallol potash project in Ethiopia, with a positive preliminary economic assessment (PEA) that estimates start-up costs at US$796 million.
Munk, Bharti give millions to Ontario institutions
Two of Toronto’s most successful mining entrepreneurs are opening their wallets wide to help improve major Ontario institutions.
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.