Philippine panel rules in favor of Philippine Metals
Philippine Metals (PHI-V) looks to have put an exploration permitting nightmare behind it.
Copper
Hana keeps the drills turning at Ghanzi
As Hana Mining (HMG-V) continues to drive towards getting the world’s next significant copper mine built at its Ghanzi property in Botswana, the company is still hitting significant grades of copper and silver in the Banana Zone.
Wallbridge eyes producer status
It’s been a slow ride for Wallbridge Mining (WM-T), but one that has been picking up. With one spin out, another in the making and a project near production, the explorer is ready to change gears.
Mukuba Resources options land next to Tenke-Fungurume
At just 19.5¢ a share and 57.4 million shares outstanding, Mukuba Resources (MKU-V) may have slipped under the radar of many investors. But a recent option and joint-venture (JV) agreement on a tenement adjacent to the Tenke-Fungurume mine…
Barrick buys 9% stake in Carpathian for $20 million
Carpathian Gold (CPN-T) has received a big credibility boost from Barrick Gold (ABX-T, ABX-N) after the major gold miner agreed to purchase $20-million worth of the junior’s shares for an approximate 9% interest.
Baja Mining’s Boleo worth the wait
John Greenslade is probably one of the most tenacious – and brilliant – chief executives in the junior mining world.
Stillwater to buy Peregrine Metals
Peregrine Metals (PGM-T) saw its shares surge more than 250%, after U.S. platinum miner Stillwater Mining (SWC-N) agreed to pay US$487.1 million for the junior and its large undeveloped copper-gold project in Argentina.
Barclays Capital weighs in on base metals
Commodities research analysts at Barclays Capital believe lead prices will move higher in the second half of this year, are most bullish on copper and tin next year, and have revised their 2012 price forecasts lower for nickel and zinc.
Glencore increases its bet on PolyMet
Glencore International (GLEN-L) is betting that PolyMet Mining’s (POM-T, PLM-X) NorthMet project in Minnesota has the stuff that profitable mines are made of. The giant metal trader and miner closed the latest round of a private placement that…
Carpathian Gold climbs on Romanian drill results
Carpathian Gold (CPN-T) is mounting a strong run on the market thanks to its latest results out of Romania. The assays come out of a 35,000 metre diamond drill program at its wholly owned Rovina Valley Project (RVP) in west-central Romania.
Former Idaho Governor encourages mining
When Democrat Cecil Andrus, the only governor in Idaho’s history to have served four terms, retired from the board of Coeur d’Alene Mines (CDM-T, CDM-N) after more than ten years of service, the mining company gave him a Beretta shot gun…
Intrepid Mines jumps on best drill hole
Shares of Intrepid Mines (IAU-T, IAU-A) in Toronto jumped 3.7% or 6¢ to $1.67 yesterday on a high-grade intercept from in-fill drilling at its Tujuh Bukit project in Indonesia. At presstime Intrepid was trading at $1.73 per share.