Philippine panel rules in favor of Philippine Metals
Philippine Metals (PHI-V) looks to have put an exploration permitting nightmare behind it.
Asia
Silvercorp rebounds on resource updates, share buyback
Bruised by the fallout of the Sino-Forest (TRE-T) debacle, Silvercorp Metals (SVM-T) has regained lost ground after several resource updates, and a proposed share buyback.
Puget Ventures set to become Global Cobalt
Vancouver – Within weeks Puget Ventures (PVS-V) expects to complete a fundamental transformation from a modest Ontario-focused cobalt explorer into a global player with a new name, new financing, and a new focus on a the Republic of Altai in…
Dacha offers REE investors a second home
With a near three-fold rise in its share price over the past three months, Dacha Strategic Metals (DSM-V) is catching the attention of investors looking for a new way to enter the red-hot market for rare earths.
Intrepid Mines jumps on best drill hole
Shares of Intrepid Mines (IAU-T, IAU-A) in Toronto jumped 3.7% or 6¢ to $1.67 yesterday on a high-grade intercept from in-fill drilling at its Tujuh Bukit project in Indonesia. At presstime Intrepid was trading at $1.73 per share.
Mountain Province’s Evans on Gahcho Ku’s solid numbers
Unlike so many involved in the diamond industry, Mountain Province Diamonds (MPV-T, MDM-X) president and CEO Patrick Evans hasn’t spent his entire career searching for the elusive gems or mining them.
Silvercorp rebounds somewhat after resource updates
Vancouver – Bruised by the fallout of the Sino-Forest (TRE-T) debacle, Silvercorp Metals (SVM-T) has since regained some lost ground after several resource and reserve updates and a share buy-back.
Mindoro working to expand Agata nickel project
Vancouver – Philippines-focused junior Mindoro Resources (MIO-V) continues to advance its Agata nickel project in the country with an updated resource and prefeasibility study in the works.
Peabody Energy among those picked to develop Tavan Tolgoi
Shares of Peabody Energy (BTU-N) jumped US$1.30 or 2.2% to US$60.69 following reports on July 5 that Mongolia had chosen it as part of a global energy consortium including China Shenhua Energy and a Russian-Mongolian group to develop its…
Alamos drills new gold zone near Agi Dagi
Gold miner Alamos Gold (AGI-T) has delineated a new gold zone near its Agi Dagi gold project in Turkey that it believes has the potential to develop into a “stand-alone” project, according to a company news release dated June 16.
Intrepid’s Tujuh Bukit unaffected by recent fire
Intrepid Mines (iau-t, iau-a) says a group of illegal miners recently set a small fly camp and drill rig on fire at a target on its prized Tujuh Bukit sulphide gold-copper project in East Java, Indonesia.
Letter to the editor: China Coal and Mei Feng
In the article “China Coal aims to become a mid-tier producer,” (T.N.M., May 30 – June 5/11), statements were made in respect of China Coal and its intended acquisition of the operating interest in the Mei Feng coal mine.