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…
Africa
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…
Rio Tinto to invest in BRC DiamondCore’s DRC projects
Global mining giant Rio Tinto (RTP-N, RIO-L) produces about 16% of the world’s diamonds by volume and 8% by value w…
Human geology 101
A smouldering controversy over the resettlement of villagers in South Africa to make way for the expansion of an Anglo Platinum (AMS-J, AGPPF-O) mine underscores the importance of getting relocation e…
Chinese invest in Douglas Lake Minerals’ Tanzanian properties
China’s footprint in Africa just went up a size with the announcement that a Chinese consortium has invested US$6 m…
Oromin rewarded for rapid progress at Sabodala
VANCOUVER — It’s a golden cycle for Oromin Explorations (OLE-V, OLEPF-O): strong drill results prompt the company to add more rigs to its Sabodala gold project, then the added rigs produce more stron…
Hello US$130 oil
The macroeconomic effects of higher oil prices made headlines around the world during the week ended May 24, the 21st trading week of 2008.