After starting nickel production last April at the Tim King open-pit mine, part of Western Areas’ (wsa-t, wsa-a) Spotted Quoll deposit about 400 km east of Perth, the company has decided to mine underground, too. The nickel sulphide explorer…
At the opening bell on Dec. 30, 2010, Shear Minerals began trading on a consolidated basis under the new name of Shear Diamonds (srm-v).At the company’s recent annual meeting, shareholders and the board of directors approved a 10-to-1 rollback…
Revised offers in the dwindling hours of 2010 from both Nunavut Iron Ore Acquisition and global steel giant ArcelorMittal (mt-n) for junior Baffinland Iron Mines (bim-t) have grabbed the headlines in the first week of 2011. Nunavut Iron Ore,…
Despite all the geopolitical and economic jitters around the world, 2010 proved to be a sweet year for commodities investors.
Oil and gas deals in the exploration and production (E&P) sector reached US$73 billion in the last quarter of 2010 with deals for the year totaling US$238 billion, compared with US$151 billion in 2009. The total deal value in Q4 2010 is…
The rescue of 33 trapped miners at the San Jose copper-gold mine near Copiapó, Chile, relied on the latest mapping technology and expertise to succeed.Entombed over 700 metres below the surface and 5 km from the mine’s entrance, the…
Alcoa – Russell Wisor retired as VP of government affairs; Keith Walton appointed VP of government affairs.Anfield Nickel – Donald Shumka appointed a director.Bear Creek Mining – Frank Tweddle appointed a director.Bowmore Exploration – Richard…
With vanadium demand increasing for new battery technologies, London’s Objective Capital Research says Energizer Resources (egz-v) and its Green Giant vanadium project in Madagascar is undervalued.Objective Capital, which states in its 40-page…
Vancouver – Metal prices can make or break a project, and in the case of Minera Andes’ (mai-t) Los Azules copper project in Argentina, a stronger copper price has dramatically increased the potential mine’s value.An updated preliminary economic…
An updated estimate has increased the copper-silver resource at the Ghanzi project in Botswana by more than 40% for Hana Mining (hmg-v), providing a solid foundation for a preliminary economic assessment (PEA) due out in February.The new…
Canada’s most advanced lithium project took a big step closer to production in mid-December when Canada Lithium (clq-t) produced a positive feasibility study for its Quebec Lithium project near Val d’Or, Que. The study found the deposit at…
Just days before Christmas, NovaGold Resources (ng-t, ng-x) has surprised Copper Canyon Resources (cpy-v) by announcing plans to make an unsolicited takeover bid for the company and its 40% interest in the Copper Canyon copper-gold project in…
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