Hunt hits promising intercepts at La Josefina
Vancouver – Argentina-focused Hunt Mining (HMX-V) has hit encouraging gold hits at the Sinter zone of its La Josefina project in Santa Cruz province.
News
China Coal aims to become a mid-tier producer (May 05, 2011)
Feng Lishe was born in Xinjiang — a province in remote northwestern China where per capita GDP typically averages about US$2,000 a year in the cities and about half that in the countryside.
Extorre releases more bonanza grades from Cerro Moro
Vancouver – Two weeks after releasing initial results from its Zoe discovery, Extorre Gold Mines’ (XG-T, XG-X) has released more very high-grade hits from the zone at its Cerro Moro project in Argentina.
Iamgold sees big potential at Niobec (May 04, 2011)
Vancouver – By re-evaluating the mining method at its niobium-producing Niobec mine in Quebec, Iamgold (IMG-T, IAG-N) has established that it could drastically increase the contained resource and production with a switch to bulk mining.
Eldorado advances Tocantinzinho through prefeasibility
Vancouver – Eldorado Gold (ELD-T, EGO-N) predicts production from its newly acquired Tocantinzinho gold project in central Brazil will average 159,000 oz. per year over an 11-year mine life starting in late 2014, at cash operating costs…
Puda Coal faces class-action lawsuit (May 04, 2011)
Allegations of fraud and untrustworthy financial statements that have lead to a class-action lawsuit against former stock market darling Puda Coal (PUDA-X) underscores just how risky doing business in China can be.
First Quantum’s Trident receives Zambian president’s blessing
Even though it has yet to complete an initial National Instrument 43-101-compliant resource estimate for its recently acquired Trident copper project in Zambia, Vancouver-based copper miner First Quantum Minerals (FM-T, FQM-L) held a…
Santa Juana yields rich extension for ECU
ECU Silver Mining (ECU-T) has hit a new high grade mineralized zone at its Santa Juana mine in central Mexico The company says the discovery was made in the upper levels Santa Juana which is located within the main portion of its Velardena…
Quaterra picks up past producing open-pit copper mine in Nevada
The 1970s were not kind to the Anaconda Copper Company. Its properties were expropriated in Chile and the company was eventually taken over by Arco, an oil and gas company that wasn’t interested in the copper producer’s mineral assets, which…
International Tower Hill hits infill high-grade at Livengood
Vancouver – Winter infill drilling has returned strong gold intercepts at International Tower Hill Mines’ (ITH-T, THM-X) Livengood project in Alaska.
Midway bulks up gold resource at Spring Valley (May 02, 2011)
Two years worth of drilling by Barrick Gold (ABX-T, ABX-N) has allowed joint venture partner Midway Gold (MDW-V, MDW-N) to add significant gold resources to its Spring Valley gold project in Pershing County, Nevada.
Letter to the Editor: Back off Berukoff
As a former Western Editor of your newspaper, I was disappointed to read the Lion One Metals (LIO-V) story (T.N.M., May 2-8, 2011).