Red Back braces for power cost rise in Ghana
Vancouver-based gold miner Red Back Mining (RBI-T) is warning investors that it may be walloped by a doubling in po…
Africa
Angola reveals more of itself to Metalex
Metalex Ventures’ (MTX-V) faith in Angola continues to yield positive exploration results. While the sub-Saharan …
Oil money now flowing to mining
The government of Ras Al Khaimah, a part of the United Arab Emirates (UAE), has set up what may become the first Mi…
Axmin extends Komahun deposit
Axmin Resources (AXM-V) has confirmed that mineralization extends to at least 340 metres depth on the Komahun prosp…
How problematic are artisanals for Gold Fields?
Gold Fields (GFIJ-J) says a report by Reuters claiming it had to put the brakes on underground mining plans after a…
Helio hitting gold in Tanzania (June 23, 2008)
Vancouver – Helio Resource (HRC-V) has been working away at the SMP gold project in southwestern Tanzania for two y…
Rio Tinto to invest in BRC DiamondCore’s DRC exploration projects
Global mining giant Rio Tinto (RTP-N, RIO-L) currently produces about 16% of the world’s diamonds by volume and 8% by value with its Argyle mine in Australia, Diavik mine in Canada and Murowa mine in …
Volta hits high grades
Following the artisanals is proving to be a fruitful strategy for Volta Resources (VTR-T) The company announced h…
Japan makes plans for energy, resources
Japan is highly sensitive to energy and resource markets because of its situation as a resource-poor nation, almost totally dependent on imported commodities. In view of the increased demand for commo…
ICS Copper plots fresh course at Mokambo
VANCOUVER — Capital markets have not been kind to junior companies struggling to make the transition from exploration to mine development. ICS Copper Systems (ICX-V) has adopted a novel approach to r…
Extract raises A$30 million for uranium projects
Extract Resources (EXT-T, EXT-A) has completed a A$30-million financing to fund exploration and development activit…
DRC offers some clarity on renegotiations
If uncertainty truly is one of the greatest foes to the flow of capital than companies with large stakes in the Dem…