El Nino falls on results from new DRC project
Vancouver – The first full set of drill results from El Nino Ventures’ (ELN-V) Kasala copper discovery in the…
Copper
Glencore moving in on Katanga
Facing financial distress Katanga Mining’s (KAT-T) shareholders have agreed to allow the world’s largest commodity …
NovaGold Raises US$75M In ‘Gut-Wrenching’ Time
A private New York Citybased company has agreed to take on a 28% interest in cash-strapped NovaGold Resources (NG-T, NG-X) through a US$60-million portion of a US$75-million financing.
ARM, Vale To Turn Teal Into 50-50 JV
VANCOUVER– In a roundabout deal, Vale (RIO-N) is paying a hefty premium to get its hands on half of Teal Exploration and Mining (TL-T, TLXMF-O).
Mirabela Adds To Santa Rita Resource
Mirabela Nickel (MNB-T, MBN-A) likes to describe its Santa Rita project in Brazil as the world’s largest greenfield nickel sulphide discovery in the last 12 years.
African Copper On The Ropes At Mowana
VANCOUVER — A massive value writedown for its brand new Mowana copper mine in Botswana, depressed copper prices, and a share price barely off the floor has put African Copper (ACU-T, AFNCF-O) in a to…
Woodjam shaping up for Fjordland and Cariboo
Vancouver – Drill intercepts showing long consistent grades of copper, molybdenum and gold on the Woodja…
Strongbow has high hopes for Nickel King
In September Strongbow Exploration (SBW-V) received assay results for the final 14 holes of its 2008 drill program …
NovaGold raises $60 million in ‘gut-wrenching’ time
A private New York company has agreed to take on a 30% interest in cash-strapped NovaGold Resources (NG-T, NG…
Update: Chile in for long haul with copper price protection, ENAMI says
Vancouver – The Chilean government’s national mining company responsible for assisting small and medium…
Continental Nickel’s Tanzanian results
Nickel may be trading at just US$5.96 per lb. but that isn’t slowing down Continental Nickel (CNI-V) at its N…
SouthGobi sells metal properties to Ivanhoe
Vancouver – For $3 million Ivanhoe Mines (IVN-T, IVN-N) is buying all the metal assets of its 79% owned spin-off So…