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Construction around corner for Cheviot coal mine

Construction of the Cheviot coal mine in Alberta is set to begin.Licences issued by the federal government and a provincial environmental review panel specify that the mine’s owner, Cardinal River Coa…


Aur spills the beans: it bought shares in Inmet

Responding to speculation by market-watchers, Aur Resources (AUR-T) has confirmed that it has bought a large holding in Inmet Mining (IMN-T).Careful readers of Aur’s quarterly financial statements had…



Armada Gold deems Taseevskoe minable

A feasibility study on the Taseevskoe gold deposit in southeastern Russia has recommended refurbishment and expansion of the existing facilities, and production from an open pit.The study, by Kvaerner…


Study gives nod to Philippine nickel project

Based on a positive prefeasibility report by Kvaerner Metals, the Nowegian firm Mindex ASA is gearing up to advance its Sablayan nickel-cobalt project in the Philippines, with a view to beginning prod…



Semafo, High Desert to merge

Under a merger agreement reached this week, West African explorer Semafo (SMF-T) will merge with royalty company High Desert Mineral Resources (HDR-V).High Desert shareholders will take away a 55% sta…


Grayd pulls VMS values from Dry Creek property

Grayd Resources (GYD-V) continues to hit impressive massive sulphide intersections at its wholly owned Dry Creek property near Fairbanks, Alaska.The company recently released results from seven drill …


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