Euromax reports 2.1 million oz. gold resource in Bulgaria
Earlier this month Euromax Resources (EOX-V) released its first National Instrument 43-101 resource estimate on the Logo gold prospect at its 100%-owned Trun project in Bulgaria.
News
Pebble PEA makes a big splash (February 28, 2011)
Vancouver – February was a busy month for Northern Dynasty Minerals (NDM-T, NAK-X) and Anglo American (AAL-L) at their gigantic Pebble copper-gold-molybdenum project in southwest Alaska, said by many to be one of the largest undeveloped…
Equinox makes surprise bid for Lundin (February 28, 2011)
A hostile bid by Equinox Minerals (EQN-T, EQN-A) for Lundin Mining worth about $4.8 billion in cash and shares could derail a friendly merger proposed between Lundin and Inmet Mining (IMN-T, IEMF-O) that is scheduled for a shareholder vote on…
Spotlight on vanadium
Lithium has grabbed much of the headlines over the last few years when the subject of key metals of the future comes up. But more and more investors are paying attention to vanadium for the metal’s unique attribute of fitting in with two future…
South African miners fall behind
Cape Town, South Africa – The mood at the 2011 Mining Indaba conference in South Africa was markedly upbeat as the industry experiences booming growth, but the host nation was left wondering how it had missed out.
Entre Gold is ‘sitting pretty’
Entrée Gold (etg-t, egi-x) is “strongly undervalued” given the potential that exists for it to sell its Mongolian assets to Ivanhoe Mines (ivn-t, ivn-n) or Rio Tinto (rio-n, rio-l), Christopher Ecclestone of Hallgarten & Co. argues…
Sherritt supports blindness prevention in Madagascar
Sherritt International (s-t) has donated $32,000 to Seva Canada, to help the charity restore sight and prevent blindness for people in Madagascar.
RBC Capital initiates coverage of Trelawney
Analysts Stephen Walker and Richard Bishop of RBC Capital Markets estimate that when Trelawney Mining and Exploration (trr-v) releases its initial resource estimate in the first or second quarter of this year, the junior gold explorer will have…
Sunridge hits more high-grade copper-gold
Sunridge Gold (sgc-v) has released its second round of drill results in two weeks, with more significant gold-copper-silver hits at its Asmara project in Eritrea.
Letter to the editor: How business really gets done in the DRC
Regarding the article “African Copperbelt: still risky after all these years” (T.N.M., Feb. 7-13/11), the problems in the Democratic Republic of the Congo (DRC) have not yet begun.
Copper Canyon rejects NovaGold bid
Copper Canyon Resources’ (cpy-v) board has unanimously rejected as inadequate a hostile takeover bid launched by joint-venture partner NovaGold Resources (ng-t, ng-x).
African Aura’s Nkout tops a billion tonnes of iron ore in Cameroon
A first resource estimate for African Aura Mining’s (aur-v, aaam-l) Nkout iron project in southern Cameroon has more than a billion tonnes.