Helio Extends Tanzanian Targets
VANCOUVER –With three rounds and two months worth of drilling results from its SMP gold property 100 km northwest of Mbeya, Tanzania, Helio Resource (HRC-V, HELOF-O) keeps growing its three main targ…
News
Exeter Cuts Lengthy Low-Grade Gold At Caspiche
Exeter Resource( XRC-V, XRA-X) has reported drilling results from its Caspiche gold-copper and Cerro Moro gold-silver projects, in South America.
Fortuna Silver Production On The Rise
After increasing silver production by 85% in 2008, Fortuna Silver Mines (FVI-V, FVITF-O) is planning to keep the trend going with an 80% rise this year.
Century Mining Digs Up $66M Financing
Century Mining (CMM-V, CMNZF-O) has joined a growing group of mining companies trying to weather the financial storm through alternative financing solutions.
Bidding War Erupts For Frontera Copper
A bidding war is emerging for Frontera Copper (FCC-T, FRCPF-O) that is pitting the Invecture Group against Southern Copper Corp. (PCU-N).
Sacked CEO Fights To Replace Polar Star Board
Polar Star Mining’s (PSR-V, POSRF-O), ex-president and CEO Douglas Willock is rallying shareholders to help him replace the company’s board of directors — namely, executive chairman Stephen G. Roman.
Golden Hope Hits New Mineralization
Assay results from Golden Hope Mines (GNH-V, GOLHF-O)’ Bellechasse property confirm the company has hit upon a second mineralized body at its Quebec gold project.
Xstrata Chops Jobs, Output In Sudbury
Continued low nickel prices are forcing Xstrata (XSRAF-O, XTA-L) subsidiary Xstrata Nickel to accelerate the downsizing of its nickel mining and milling assets in Ontario’s Sudbury basin.
Orex Adds Zones At Goldboro
Strong results from Orex Exploration’s (OX-V) drilling in Nova Scotia helped secure the Rouyn- Noranda, Que.-based junior some market momentum.
Forsys Grows Valencia
Forsys Metals (FSY-T, FOSYF-O) continues to grow the Valencia uranium deposit in Namibia, even though the project will not likely be under its control for much longer.
Tanzanian Royalty Strikes Deal With Kazakh Africa
Tanzanian Royalty Exploration Corp.’ s (TNX-T, TRE-X) shares climbed 5% to $4.39 per share following news it had signed an agreement with Kazakh Africa Mining involving its diamond licences in the Mwa…
‘Porkulus’ To Stoke Inflation
The financial world during the fifth trading week of the year was dominated by the haggling in Washington, D. C., over the size and content of the federal government’s unprecedentedly large stimulus b…