Erdene extends Mongolian Racetrack deposits
Erdene Resources (ERD-T) has added several hundred metres of molybdenum mineralization to its Zuun Mod project in M…
2008
Dundee cuts deal with Bulgarians
Dundee Precious Metals (DPM-T) came to terms with the Bulgarian government over the expansion of the Chelopech copp…
Expect more volatility in the uranium market
Be prepared for continued instability in the uranium market this year but don’t expect the crazy uranium price jump…
Arian confirms gold, copper resource at Tepal (March 10, 2008)
Vancouver – A recent resource estimate for Arian Silver’s (AGQ-V, AGQ-L) Tepal porphyry project in Mexico’s Michoac…
Platinum to stay at lofty peaks
The South African power shortages that triggered supply fears and sent platinum prices rocketing made for a much an…
Caterpillar to produce underground loaders in Brazil
Caterpillar (CAT-N) has announced plans to open an assembly line to produce underground mining loaders at its facility in Sao Paulo, Brazil.
Teck Cominco tables huge copper resource
VANCOUVER — Base metals giant Teck Cominco( TCK. B-T, TCK-N)has released a resource for a major new zone of copper-molybdenum mineralization at its 76.5%-owned Quebrada Blanca mine in northern Chile,…
Hudson stock drops on recovery of larger diamonds
VANCOUVER–The latest diamond haul from bulk sampling at Hudson Resources’ (HUD-V, HUDRF-O) Garnet Lake kimberlite dyke, in western Greenland, hints at larger stones than previously recovered.
Correction (March 10, 2008)
As part of Barrick Gold’s (ABX-T, ABX-N) US$1.7-billlion agreement to purchase Rio Tinto’s (RTP-N) 40% interest in the Cortez joint venture in Nevada, there is a further lump-sum payment of US$50 mill…
Western Uranium tables Kings Valley resource
VANCOUVER — An initial resource estimate for Western Uranium’s (WUC-V, WURNF-O)Kings Valley project in northwestern Nevada reviews roughly 4.8 million contained pounds U3O8 hosted in three zones.
Report examines growth of China’s steel industry
A report on the Chinese steel industry, detailing the first three quarters of 2007, is now available from Dublin, Ireland-based research firm Research and Markets.
TSX VENTURE EXCHANGE (March 10, 2008)
As gold moved in on US$1,000 per oz. and other metals remained strong, the junior mining- dominated S&P-TSX Venture Composite Index climbed 108.33 points to close the Feb. 26-March 3 trading sessi…