News

A Batu Mining camp in Mongolia's Gobi Desert. The company is exploring numerous properties throughout the country.

Mongolia’s Aussie ambassador

Perth, Western Australia — In the aftermath of the Bre-X scandal, Canadian Armand Beaudoin, a fellow prospector working with Aussie Doug McGay in Indonesia, suggested McGay should break camp and head…


Front row, second from left, Zijin Mining Group Chairman Chen Jing He, on his left is Pinnacle Mines President and CEO Andrew Bowering, followed by Pinnacle Mines Chairman Paul Saxton. Pinnacle Director Bradford Cooke is on the far right (with cap). The officers of both companies visited the Silver Coin gold-silver-base metal project, near Stewart, in northwestern B.C.

Pinnacle Mines lands major Chinese partner

Vancouver — Pinnacle Mines (PNL-V) has scored a major coup in the Canadian resource scene by securing a significant investment from a Chinese mining company….




St. Jude boosts Hwini-Butre interest to 90%

Vancouver — St. Jude Resources (SJD-V) has served notice that it intends to exercise its call option on Crew Gold’s (CRU-T) 25% interest in the Hwini-Butre gold…


Mittal’s steely resolve

For typical iron ore producers, the past few years’ fragmentation of its customers — the steelmakers — has placed the miners in a better position to raise prices and fatten their bottom lines….



QGX shut out at Shuteen

A 9-hole drill campaign on the Shuteen copper-gold prospect in Mongolia has come up dry for QGX (QGX-T). In all, eight holes tested the Black Hills prospect, with a single hole coll…


Erdene orders valuation for Zuun Mod

Vancouver — Buoyed by results from recent drilling, Erdene Gold (ERD-V) has arranged an independent valuation for the Zuun Mod porphyry molybdenum-copper project in the south Gobi…


Crescent focused on Manitoba U3O8

Vancouver — Newly listed Crescent Resources (CRR-V) is gearing up to explore a gold project in Brazil’s Mato Grasso state and a uranium project in northwestern Manitoba….




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