1B lbs. copper estimated at Woodjam
B.C. has another member of the billion-pound copper club following an initial resource estimate on Gold Fields’ (GFI-N) and Consolidated Woodjam Copper’s (WCC-V) joint-venture property.
News
Karchiga feasibility lifts Orsu Metals
A definitive feasibility study on the Karchiga volcanogenic massive sulphide deposit in northeastern Kazakhstan demonstrates that the project can be developed as a high-grade, medium-cost open-pit copper mine with a rapid payback period,…
Positive drill results lift Argentum
Argentum Silver (ASL-V) got a boost after releasing assays for the first four holes into the El Tajo vein on the Coyote silver-gold project in Mexico’s Jalisco State.
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, March 5, 2013 Precious MetalsPrice…
Banks Island banking on quick-start gold mine
Vancouver — Recently-listed Banks Island Gold (BOZ-V) has hit more high-grade gold as it looks to expand the resource at the production-ready Tal zone on its northern British Columbia property.
Continental rebounds following sharp mid-week decline
Vancouver — Continental Gold (CNL-T) bounced back 7% or 53¢ during the March 8 trading session, closing at $7.95 per share after releasing high-grade assays on 13 drill holes collared on its 100%-owned Buritica gold-silver-zinc…
Coro takes a second swing at San Jorge
Vancouver — One week after the successful re-negotiation of a purchase agreement on the San Jorge copper-gold porphyry project in Argentina’s Mendoza province, Coro Mining (COP-T) will take another shot at getting the government…
Molycorp/Neo Material deal puts upstream and downstream together
News of Molycorp’s (MCP-N) proposed acquisition of Neo Material Technologies (NEM-T) in a cash and stock deal worth $1.3 billion sent the shares of both companies soaring.
Aguila starts to take shape for Duran
Duran Ventures (DRV-V) has a maiden resource estimate in for its Aguila project in Peru.
Atacama keeps the results flowing
Atacama Pacific Gold (AMT-V) continues to report positive results from its third phase drill program at its Cerro Maricunga gold project, 140 km northeast of Copiapo, Chile.
Nationalization agendas will take a bite out of industry revenues
Vancouver— Indonesia’s new indigenization legislation aimed at foreign mining companies opens another chapter in a resource-nationalization saga amongst developing countries.
Junior miners and explorers cashing up
Vancouver — Numerous explorers have launched substantial financings just as the networking-heavy Prospectors & Developers Association of Canada convention wraps up in Toronto.