La Mancha rises on prospect of auction
La Mancha Resources (LMA-T) is putting it self up for sale, and the market likes its chances of attracting a healthy premium.
News
Seafield Resources likes what it sees in Colombia
Seafield Resources (SFF-V) is making headway in Colombia with a preliminary economic assessment of its Miraflores deposit “on the horizon” and drill results continuing to flow from its Dosquebradas deposit 3 km to the north.
Inmet keeps wary eye on smouldering Panama policy debate
Vancouver — Toronto-based Inmet Mining (IMN-T) is on the periphery of a pitched battle between Panamanian President Ricardo Martinelli and indigenous groups protesting the regimes aggressive resource expansion policies.
Canadian Environmental Assessment Report echoes government priorities, opposition cries foul
Vancouver — Proposed changes to Canada’s Environmental Assessment Act could streamline and simplify the environmental approval process, much in line with pledges already made by the Conservative government.
FDG keeps drilling Topacio
FDG Mining (FDG-V) is working to prove up resources at the past-producing Topacio gold concession in central eastern Nicaragua, with an ongoing two-phase drill program.
Majescor Resources is on track in Haiti
The landslide election of Michel Martelly as president of Haiti last year is already bringing positive results to the impoverished Caribbean nation, Daniel Hachey, president and chief executive of Majescor Resources (MJX-V) believes.
Xstrata expands Canadian-coal footprint with Peace River acquisition, agrees to joint venture with JX Nippon
Vancouver — Switzerland-based mining giant Xstrata PLC (XTA-L) has agreed to buy the Sukunka coking coal deposit in the Peace River region of northern British Columbia from Calgary-based Talisman Energy (TLM-T, TLM-N), in a cash-only deal…
Nunatsiavut government lifts moratorium on uranium
A measure of certainty mixed with relief has flooded back into the market about uranium exploration in Labrador after the Nunatsiavut Government lifted its three-year moratorium on the working, production, mining and development of uranium on…
Oracle set to re-start Oracle
Oracle Mining (OMN-T,OMCCF-O) has the cash and now it is getting set to re-start a copper mine.
A bumpy ride for US markets, March 5-9 week
It was a mixed trading week for U.S. markets. The Dow Jones Industrial Average saw its worst one-day drop so far for the year, losing 203 points on March 6, following news that a debt-relief deal for Greece could trigger hefty losses for some…
Tahoe looks to next milestones at Escobal
Vancouver – Controlling one of the world’s richest silver deposits, Tahoe Resources (THO-T) is looking towards another year of milestones as it works to put its Escobal project in Guatemala into production.
EMED locks down financing for Rio Tinto revival
Vancouver — EMED Mining (EMD-T, EMED-L) has closed its second major financing in the past four weeks as the company moves towards re-starting production at the historic Rio Tinto copper mine in Andalucia, Spain.