Oromin looks beyond initial 1.4 million oz. at Sabodala
Oromin Explorations (OLE-V, OLEPF-O) has reported an initial inferred resource estimate totaling 1.4 million oz. of…
Africa
Mmamabula power plant hits major hiccup for CIC Energy (July 21, 2008)
VANCOUVER — Plans to develop a new coal mine and coal-fired power station in Botswana to add muchneeded capacity to South Africa’s power grid have been derailed and shares of CIC Energy (ELC-T, CIEGF…
Will auto industry woes derail lead, platinum?
The recent sales figures coming out of the automotive industry in Detroit have been awful, leading to layoffs at some of the Big Three auto makers and at auto parts suppliers. Since cars are among the…
Indicated resource and grade grows at Teal’s Namibian project
Teal Exploration & Mining’s (TL-T, TEL-J) Otjikoto gold project in Namibia is demonstrating higher grades and res…
MagIndustries gets the power
The Republic of Congo is finding a way to stop wasting a valuable resource and MagIndustries (MAA-V) is gaining acc…
Helio hitting gold in Tanzania (July 14, 2008)
VANCOUVER — Helio Resource (HRC-V, HELOF-O) has been working away at the SMP gold project in southwestern Tanzania for two years and its efforts are starting to pay off. Strong drilling results from …
Will the lead and platinum markets be derailed by auto industry woes?
The recent sales figures coming out of the automotive industry in Detroit have been awful, leading to layoffs at so…
Historic Q2 for Etruscan can’t lift shares
Despite its second quarter representing a historic time for Etruscan Resources, (EET-T) the company failed to gain …
Anvil raises $296 million for Congo projects
Anvil Mining (AVM-T, AVM-A) has announced a private placement for more than $296 million with Catala Global, making…
Iron ore market to stay firm in 2009: forecasts
The Iron Ore Trust Fund of Geneva-based UNCTAD (United Nations Conference on Trade and Development) has published i…
Western Bushveld feasibility tackles South African power issues.
A feasibility study for Platinum Group Metals’ (PTM-T, PLG-A) Western Bushveld joint venture in South Africa propos…
Volta boasts hefty West African portfolio
Volta Resources (VTR-T, VLTAF-O) is proving that keeping in touch with old friends can be a boon to business.