Baja Mining Cashed Up for El Boleo
Vancouver — a Us$515-Million Financing Plus a C$45-Million private placement means Baja Mining (BAJ-T, BAJFF-O) can start construction at its large El Boleo copper-cobalt-zinc project in Mexico.
Industrial/Specialty Minerals
Virgin Wants to Start Small at Los Verdes
With a resource calculation in hand and plans for a feasibility study, Virgin Metals (VGM-T, VGMTF-O) is looking to move along its Los Verdes copper-molybdenum project on the eastern boundary of Sonor…
New Offer Turns Consmin Board
Leaks from bidder Privat Group that the group’s subsidiary Palmary Enterprises would increase its bid for Consolidated Minerals (CSMBF-O, CNM-L, CSM-A) have proved to be true, and the Consmin board ha…
Adanac Looks to Lead New Moly Producers
Once a halt on trading was lifted, Adanac Molybdenum (AUA-T, AUAYF-O) shares were free to move up the market on news that the company had secured the environmental assessment certificate for its Ruby …
TTM Drills Wide Moly at Chu
Vancouver — Second-phase drilling by TTM Resources (TTQ-V, TTMRF-O) at its Chu molybdenum project, in central British Columbia, has returned a wide interval of strong moly mineralization.
Georgia pushes ahead for Mexican Moly
Georgia Ventures (GVI-V) has wasted little time getting to work on its recently acquired project that it calls, th…
Birch Mountain looking for buyer (September 21, 2007)
Birch Mountain Resources (BMD-T, BMD-X) has appointed a financial advisor to help assess “strategic alternatives” f…
War Eagle drilling grows Tres Marias
Vancouver – War Eagle Mining Company’s (WAR-V, WARGF-O) step-out drilling is boosting the size of the mineralized b…
TTM drills over half-km of moly at Chu
Vancouver – Second phase drilling by TTM Resources (TTQ-V, TTMRF-O) at its Chu molybdenum project near Vanderhoof i…
Kinross to partner with Linear Gold at Ixhuatan
Vancouver — Five years of work on the Ixhuatan gold-copper-molybdenum project have paid off for Linear Gold (LRR-T, LGCFF-O), which recently signed an agreement bringing Kinross Gold (K-T, KGC-N) on …
Pallinghurst gets out the chequebook (September 17, 2007)
Management at Consolidated Minerals (CSMBF-O, CNM-L, CSM-A) has reversed an earlier recommendation that shareholders tender to an offer from a subsidiary of the Ukraine-based Privat Group, now that th…
Great Western picks up stake in Utah rare earths property
Rare earth elements may not be as sexy as gold or silver, but they are quietly involved in powering everything from iPods and flat-screen televisions to hybrid cars, digital cameras, and jet fighter e…