Aurizon’s Q4, year-end profits drop
Aurizon Mines (ARZ-T, ARK-X) reported lower fourth-quarter and annual profits for 2010 as it wrapped up a tough year at its flagship Casa Berardi gold mine in northwestern Quebec.
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Long intercept lifts Prodigy (March 28, 2011)
Prodigy Gold (PDG-V) continues to hit significant gold intercepts as it drives to push its Magino gold mine back into production.
Ethiopian Potash upbeat about the Danakil Depression
Despite lingering concerns in North America and Europe over a slower-than-expected economic recovery, there appears to be little worry left in Ethiopia’s potash-rich Danakil Depression.
Lima connections help Dia Bras acquire Yauricocha mine
Using the contacts of director Alberto Arias, a former Goldman Sachs (GS-N) analyst turned resource investor with a well-connected mining family in Peru, Dia Bras Exploration (DIB-V) has penned a US$310.2-million deal to acquire Sociedad Minera…
Columbus sets sail for French Guiana (March 28, 2011)
France is hardly considered a hotbed of mining potential, but Columbus Gold (CGT-V) sees the part of the country tucked away in the South American jungle as just that.
First Mexican finds gold and silver at Guadalupe
Recently-listed First Mexican Gold (FMG-V) has released good gold-silver assay results from shallow scout drilling at its Guadalupe project in Mexico’s Sonora state.
Yellowhead reviving B.C. copper project (March 28, 2011)
Recently listed Yellowhead Mining (YMI-V) is resurrecting the Harper Creek copper project in central British Columbia, building on a deposit that was discovered over 40 years ago.
Great Panther leaps on new resource, silver price (March 28, 2011)
Positive exploration and development news from its two silver mines in Mexico and a 30-year-high silver price have helped Great Panther Silver (GPR-T, GPL-X) achieve an all-time share price high.
Junior explorers still flocking to the Yukon (March 25, 2011)
Vancouver – 2010 was a big year for the Yukon as exploration companies flooded into the Territory in a flurry of staking and deal making and 2011 is looking no different.
Malbex continues to define promising new zone
All it took was the results from a drill hole and Malbex Resources (MBG-V) shares started running in the right direction. The company’s shares were up 24% or 14¢ to 73¢ in Toronto on March 25, with heavy volume of 3.5 million shares…
Zambian smelting capacity a concern, Lundin says
When Phil Wright lashed out against Equinox Minerals’ (EQN-T, EQN-A) hostile takeover bid for Lundin Mining (LUN-T) in a conference call earlier this week, the chief executive cited the shortage of Zambian smelting capacity as yet another…
China imposes tax on rare earth production from April 1
China’s Ministry of Finance and State Administration for Taxation will start levying a tax on rare earth elements mined in the country beginning on April 1.