Great Western Minerals to build plant with Chinese partner
Great Western Minerals (GWG-V) plans to set up a joint venture with a Chinese company to build a rare earth separation plant in South Africa.
2011
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.
Golden Star looks to get back on track
Golden Star Resources (GSC-T, GSS-X) recently reported an initial resource estimate for its new Buesichem South deposit in Ghana, days after posting lower operating results for the second quarter.
[Update] New Mexico junior makes math gaffe, retracts high-grade REE assays
Vancouver – A little-known junior explorer based in Elephant Butte, New Mexico (population circa 1,500), has surprised investors twice this month, first by releasing spectacular rare-earth-element assays from its Warm Springs beryllium…
TSX grows as investors anticipate strong earnings
With earnings season right around the corner the TSX Composite Index was up 203 points to 13,494.63 for the July 18-22 period. The move came as investors anticipated solid numbers from the resource sector thanks to strong commodity prices…
Standard Chartered says gold could hit US$5,000 per oz.
After a decade-long bull market “the gold mining industry has done little to bring on new supply,” Standard Chartered concludes in a new report, arguing that the gold market is likely to be in deficit until at least 2015.
Strong drill results from Haile
Romarco Minerals (R-T) is continuing to see high-grade results from its Haile gold property in South Carolina as part of its ongoing drill program.
Venture gains for third straight week
Vancouver – The S&P TSX Venture Exchange Index rose for the third week in a row during the July 18-22 period, gaining 52.22 points to close at 2,059.60. From a strictly technical perspective, this year’s market downturn appears to have…
U.S. markets gather steam, July 18-22
As debate in the U.S. Congress over raising the government’s US$14.3 trillion debt ceiling continued to make markets uneasy during the July 18-22 trading week, there was some good news across the Atlantic, where Eurozone countries and the…
Rainy River rains gold
A spectacular intersect of 1,335 grams gold per tonne and 76.7 grams silver in 2 metres, just 42 metres below the surface, sent shares of Rainy River Resources (RR-V) up 29¢, or 3%, to $10.05 per share.
Soltoro hits more high-grade silver in new zone
Soltoro (SOL-V) has released several high-grade silver hits from the newly discovered Soledad zone at its El Rayo silver project in central Mexico, one week after reporting a bulk-tonnage resource estimate on the project.
Champion Minerals shares jump on ArcelorMittal rumour
As rumours swirl that Champion Minerals (CHM-T) might become a takeover target for ArcelorMittal (MT-N), the junior has adopted a shareholder rights plan. The news sent the company’s shares up 20%, or 30¢ apiece, on July 4 to close at…