Brilliant Resources looks to shine in Equatorial Guinea
Vancouver – There are few countries in the world without active mineral exploration, but before Brilliant Resources (BLT-V) showed up Equatorial Guinea was one of them.
Copper
Rockgate bulks up resources at Falea
Rockgate Capital (rgt-t) recently reported a 258% increase in the contained uranium resource in the measured and indicated category at the Falea project in western Mali.
First resource for Northern Freegold’s Revenue deposit at 3.7M gold equivalent ounces
Vancouver – Northern Freegold Resources (NFR-V) has added significantly to the overall resources at its Freegold Mountain project in Yukon thanks to an initial resource on its Revenue deposit.
BHP boosts copper resources at Spence by 700%
Resources at BHP Billiton’s (BHP-N, BLT-L) Spence copper mine in northern Chile has grown by nearly 700%, following a four-year US$30-million brownfield exploration program.
Ivanhoe drops the poison pill and secures financing
Rio Tinto (RIO-N, RIO-L) is moving ever closer to increasing its stake in Oyu Tolgoi through Ivanhoe Mines’ (IVN-T, IVN-N) equity. After winning a court ruling in late December of last year the sting was removed from Ivanhoe’s shareholders…
Exeter completes Caspiche prefeasibility
The Caspiche project in northern Chile’s Maricunga gold district has a pre-tax net present value at a 5% discount rate of US$2.8 billion and a pre-tax internal rate of return of 11.5%, according to Exeter Resource’s (XRC-T, XRA-X)…
Quadra FNX boosts resource at Victoria
Infill drilling at Quadra FNX Mining’s (QUX-T) polymetalic Victoria project in Sudbury, Ontario has increased tonnes of inferred resources by 16% and raised by 32%, 26% and 4% its contained nickel, copper and total precious metals,…
Tigray on the hunt for another Bisha
Recent drilling at Tigray Resources’ (TIG-V) flagship Harvest copper-gold-silver project in northern Ethiopia has returned several new high-grade intercepts, including 21 metres grading 5.7% copper, 1.5 grams gold per tonne, 18 grams silver per…
Panoro explores for riches in Peru’s heartland
It all started with a phone call. On the line was Standard Bank, looking to auction off some Peruvian properties after a joint venture between two majors had gone sour. On the other end of the line was Panoro Minerals (PML-V), which had worked…
First Quantum exits DRC on a high note
First Quantum Minerals (FM-T) is putting an end to its troubles in the Democratic Republic of the Congo (DRC) by agreeing to sell its DRC assets and drop any related legal claims for US$1.25 billion.
Baja Mining updates progress at Boleo
Baja Mining (BAJ-T) has tested the first of three 2.5-megawatt power generators at its 70%-owned Boleo copper-cobalt-zinc-manganese project, and says that all three will be online before the month’s end.
What’s next for BC’s Ajax copper-gold project?
Abacus Mining & Exploration (AME-V) envisions an interesting prospect at its joint-ventured Ajax copper-gold project near Kamloops, B.C., with a feasibility study showing the project could support a 60,000-tonne-per-day operation generating…