As rumours swirl that Champion Minerals (CHM-T) might become a takeover target for Arcelor Mittal (MT-N), the junior has adopted a shareholder rights plan. The news sent the company’s shares up 20% or 30¢ apiece on July 4 to close at $1.80.
Vancouver – Despite only listing on the TSX in March, Mawson West (MWE-T) has already released a feasibility study on the Kapulo target at its Dikulushi concessions thanks to previous work as an Australian-listed and unlisted company.
In the last few months Trevali Mining (TV-T) has expanded its resource base, changed its name, closed a $10-million financing, and listed on the Lima Stock Exchange. Now, it’s working to get two mines into production over the next 12 months.
Drilling to test northwest- and northeast-trending structures at Avion Gold’s (AVR-T, AVGCF-O) Tabakoto deposit in Mali has returned significant intercepts, including 20.88 grams gold over 5.7 metres, 36.04 grams gold over 3 metres and 29.04…
The First Peoples’ Cultural Foundation (FPCF) will receive $125,000 over three years from the Mining Association of B.C. (MABC) to assist with the documentation and renewal of endangered First Nations languages in the province.
Vale awards $600M contract for Long Harbour
Drilling between April 2010 and January 2011 has boosted measured and indicated in-pit resources by 31% at Aurizon Mines’ (ARZ-T, AZK-X) Hosco deposit, part of the gold producer’s Joanna project in northwestern Quebec.
Ewan Downie’s Premier Gold Mines (PG-T) is taking full control of the Hardrock gold project near Geraldton in northwestern Ontario, in which it owns a 70% interest. The company will acquire the remaining 30% by taking over joint-venture-partner…
After completing close to 70,000 metres of drilling over 160 core holes, Levon Resources (LVN-V) has released an initial bulk tonnage resource on its Cordero silver-gold-zinc-lead project in northern Mexico.
The 2011 National Mining Hall of Fame and Museum (NMHFM) inductees in the U.S. represent a cross-section of the industry from the coal, marble and lead sectors to metallurgical and processing research and development.
An updated resource estimate based on 40% of Allana Potash’s (AAA-V, ALLRF-O) licensed land in Ethiopia is better than the company expected.
Orosur Mining (OMI-V, OMI-L) does things a little differently than its Canadian counterparts. For starters, the company’s head office is in Montevideo, Uruguay, where its chief executive officer, David Fowler, also resides.
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