Vista doubles gold reserves at Mt Todd
Vancouver – In barely five months Vista Gold (VGZ-T, VGZ-N) has doubled the gold in reserve at its Australian Mt. Todd project with an updated prefeasibility study.
News
Western Copper plans to produce more at Casino
Western Copper (WRN-T) says its Casino Gold and Copper project in the Yukon can process more ore than previously believed. The company has been in the midst of updating its pre-feasibility study from 2008 ever since it released a significantly…
Geo Minerals goes after Arizona porphyry copper targets with Inmet
Joint venture partners Geo Minerals (GM-T) and Inmet Mining (IMN-T) have resumed exploration drilling on a copper porphyry target at the Middle Mountain property in south-central Arizona. At least two reverse circulation (RC) holes are planned…
Canarc scoops up Relief Canyon gold mine assets in bankruptcy auction
An 18-month search by Canarc Resource (CCM-T) for new acquisitions has culminated with the successful bid to purchase a mostly built and permitted, open-pit, heap-leach gold mine in Nevada through a bankruptcy court auction. Canarc has agreed…
First resource for Hudson Resources’ Sarfartoq
Vancouver – Hudson Resources (HUD-V) has rallied after releasing an initial resource estimate for its Sarfartoq rare earth project in Greenland.
Playfair Mining is high risk, high reward
It’s usually a pretty good sign when a rival for land you stake runs out and buys stock in your company.
Nevsun pours first gold at Bisha (January 04, 2011)
Nevsun Resources (NSU-T, NSU-X) has poured its first gold on time and under budget at Bisha, Eritrea’s first modern-day mine, the company reported today.
The Chinese like Nemaska’s lithium deposit
The Chinese are signaling their faith in Nemaska Exploration’s (NMX-T) hard rock, Whabouchi lithium deposit.
Coalspur develops export thermal coal project in Alberta
Four months after he was hired as managing director and chief executive of Coalspur Mines (CPT-T, CPL-A) Gene Wusaty was still working out of his home and a local coffee shop in Calgary and putting business expenses on his personal credit card.
Fortune Minerals progressing on two fronts
Vancouver – Fortune Minerals (FT-T) goes into 2011 with big ambitions for its two feasibility-stage projects after a year of steady progress.
Canadian Mining Hall of Fame induction reminder: Jan. 6 reservation deadline
The deadline for making reservations to attend next week’s 23rd annual Canadian Mining Hall of Fame dinner and induction ceremony in Toronto is rapidly approaching.
TSX shows strong finish
Investors shrugged off the tendency to sell at the close of the year causing the TSX Composite Index to rise from 13,231.49 points to 13,443.22 points for the Dec. 20-31period. Perhaps investors were emboldened by year end figures on the…