Creston boosts NPV at El Creston (December 17, 2010)
Vancouver – A year of drilling and metallurgical work has given Creston Moly (CMS-V) a big bump in the net present value for its El Creston molybdenum deposit in Mexico.
Industrial/Specialty Minerals
Energizer Resources adds to resource at Green Giant
As demand for vanadium increases with new battery technologies, London-based Objective Capital Research believes Energizer Resources (EGZ-V) and its Green Giant vanadium project in Madagascar is undervalued.
MDN is more than just a gold play (December 08, 2010)
MDN (MDN-T) may be best known for its 30% interest in the producing Tulawaka gold mine in Tanzania operated by Barrick Gold (ABX-T, ABX-N) and a portfolio of exploration projects in the surrounding Lake Victoria gold district. But some…
Allana gets the cash to explore more Ethiopian potash
With $12.4 million in its pocket Allana Potash (AAA-V) is set to take its potash play in Ethiopia to the next level. The company managed to close a private placement for 24.3 million common shares at a price of 51¢ per share — a 4%…
Long REE holes boost Commerce Resources
Vancouver – Two long holes, mineralized with rare earth elements (REEs) from almost top to bottom, have caused a spike in Commerce Resources’ (CCE-V) share price.
German fertilizer major offers $434 million for Potash One
Vancouver – A $434-million takeover bid for Potash One (KCL-T) from German fertilizer giant K+S Aktiengesellschaft is evidence that the failure of BHP Billiton’s (BHP-N) US$39-billion takeover bid for Potash Corp. of Saskatchewan (POT-T, POT-N)…
U.S. markets were fragile in the Nov. 15-19 trading week
Nov. 15-19 was not a great trading week for U.S. equities. The Dow Jones Industrial Average added just 10.97 points or 0.10% to finish at 11,203.55, while the S&P 500 gained 0.52 point or 0.04% to close at 1,199.73. Just four companies on…
Editorial: BHP blows US$800M on failed transactions
BHP Billiton formally withdrew its hostile, US$40-billion cash offer for Potash Corp. of Saskatchewan on Monday after the Canadian government had rejected it two weeks earlier on the grounds that it did not provide a “net benefit” to…
Lithium Americas steps up Cauchari
SITE VISIT SUSQUES, JUJUY PROVINCE, ARGENTINA ARGENTINA — What once was overlooked as a clay basin is now set to become one of the largest lithium brine deposits in the world by 2014.Lithium Americas’ (LAC-T) flagship Cauchari project…
Malaga breaks Chinese grip on tungsten
SITE VISIT PASTO BUENO, PERU — It’s a story that is starting to sound all too familiar: China holds a lock on the supply of a strategic metal and is…
Anglo Aluminum boosts bauxite resources on eve of Guinea election
Vancouver – Anglo Aluminum (ALU-V) has increased the resource at its Koba bauxite project in Guinea by 46% and…
BHP’s bid for Potash Corp. blocked (November 03, 2010)
Vancouver – The Canadian Government has rejected BHP Billiton’s (BHP-N) US$39 billion hostile takeover bid for…