Goldcorp sells Osisko investment for $530 million
Goldcorp (G-T, GG-N) has sold its 10.1% equity interest in Osisko Mining (OSK-T) for roughly $530 million.
News
Salazar expands deposit and market cap
Salazar Resources (SRL-V) has expanded its El Domo deposit in Ecuador with the latest round of drilling and the market likes what it sees. Highlight intercepts came out of three separate holes and included: 27.61 metres grading 2.12 grams…
PEA is out on US Golds’s El Gallo project
Rob McEwen’s goal of having US Gold (UXG-T) included in the S&P 500 index within four years may seem like a tall order to some, but the industry veteran may just be able to pull it off.
Canadian coal miners riled by US deal with Ridley Terminals (February 08, 2011)
Vancouver – British Columbia and Alberta coal producers have accused a federal Crown Corporation of “putting American jobs ahead of Canadian jobs” after St. Louis-based Arch Coal (ACI-N) announced a five-year deal to ship Powder River Basin…
Roundup: We need more discoveries, part II (February 07, 2011)
Last week, we presented the Canadian exploration projects highlighted at the Mineral Exploration Roundup presented by the Association for Mineral Exploration British Columbia (AME BC). This week, we turn to the international scene.
Roundup: We need more discoveries
This year’s Mineral Exploration Roundup attracted 7,000 delegates from around the world, a new record for the annual conference hosted by the Association for Mineral Exploration British Columbia (AME BC). But in keeping with the theme,…
African Copperbelt: still risky after all these years
The African Copperbelt running through Zambia and the Democratic Republic of the Congo (DRC) hosts some of the world’s richest copper and copper-cobalt deposits, and has attracted dozens of junior companies over the years. But like moths to a…
Canada keeps no. 2 spot for 2010 exploration
The following was released by the Metals Economics Group (MEG), based on its Corporate Exploration Strategies study which examines global exploration budgets. For more information visit: www.metalseconomics.com.
People (February 07, 2011)
Alexandria Minerals – Peter Legein appointed VP of exploration.
More long intercepts for Trelawney (February 07, 2011)
Trelawney Mining and Exploration (TRR-V) has raised expectations in a short period of time. So much so that the latest drill results, that would be the envy of many junior gold explorers, failed to impact the company’s stock value.
Bjorkdal grows 50%
The overall resource at Gold-Ore Resources’ (GOZ-T) Bjorkdal gold mine in Sweden has grown by more than 50% from the previous estimate reported last March.
Sunridge gets results
Sunridge Gold (SGC-T) has released assays from the first four of 35 holes drilled to define the Debarwa copper-gold-zinc VMS (volcanogenic massive sulphide) deposit at its Asmara project in Eritrea.