Corex gains ground on Santana results
Vancouver – Corex Gold (CGE-V) added 20% to its share price after another set of drill results from the Santana project in Mexico expanded the Nicho gold oxide zone.
News
Imperial updates Red Chris feasibility study (November 18, 2010)
Vancouver – An updated feasibility study for Imperial Metals’ (III-T) Red Chris project in northwest British Columbia says a $443-million investment would build a mine able to produce 74 million lbs. copper and 47,000 oz. gold annually for 28…
Silvore Fox Minerals inks strategic agreement with Chinese
A private placement earlier this year, in which Sino Minerals Corp., formerly China Nonferrous Metals Exploration, took a 35.09% equity stake in Nova Scotia-based Silvore Fox Minerals (SFX-V), is starting to pay dividends.
Editorial: BHP blows US$800M on failed transactions
BHP Billiton formally withdrew its hostile, US$40-billion cash offer for Potash Corp. of Saskatchewan on Monday after the Canadian government had rejected it two weeks earlier on the grounds that it did not provide a “net benefit” to…
Nyrstar to acquire Farallon
Vancouver – Emerging producer Farallon Mining (FAN-T) has agreed to a friendly takeover bid by zinc giant Nyrstar in an all-cash deal valued at $409-million fully diluted.
Mirasol prepares to drill new silver discovery (November 16, 2010)
As it prepares to begin drill testing a grassroots silver find in Argentina’s Santa Cruz province, Mirasol Resources (mrz-v, m8r-f) is topping up its treasury with a $9.3-million financing. The non-brokered private placement will comprise up to…
The third super-cycle is here, says Standard Chartered
The first super-cycle took place during the second half of the nineteenth century from 1870-1913 and the second followed the Second World War until the early 1970s. Now the third super-cycle is upon us, Standard Chartered Bank outlines in…
MDN looks north in Tanzania
The latest drill results from MDN’s (MDN-T) Ikungu gold property in Tanzania show the company to be following through on its goal of proving up mineralization at depth. The latest assays come from four holes that are part of its ongoing 13…
High grade hits at Long Canyon for Fronteer
Vancouver – Fronteer Gold’s (FRG-T) Long Canyon project in Nevada is churning out long, high-grade gold intercepts at six drill rigs work to complete a 70,000-metre drill program in the run-up to an initial economic assessment.
Jayden pulls high grade at Silver Coin (November 15, 2010)
Vancouver – When results from the first five holes of a drill program include such intercepts as 40.6 metres grading 3.12 grams gold per tonne and 55 metres grading 8.42 grams gold, the program can be labelled a success even before it is half…
Caterpillar set to buy Bucyrus (November 15, 2010)
Caterpillar Inc. (CAT-N), the world’s largest maker of construction and mining equipment, has agreed to buy Bucyrus International (BUCY-Q) in a deal worth US$8.6 billion (including debt) or US$7.6 billion in aggregate.
Western Copper doubles down on Casino
SITE VISIT CARMACKS, YUKON — Western Copper’s (WRN-T) Casino gold-copper- molybdenum deposit in the Yukon is huge. Standing atop the hill in its centre, the bright orange flags that mark…