Alamos updates projects in Turkey
Alamos Gold (AGI-T) expects to release a resource estimate in March, and a prefeasibility study before July for its projects in Turkey: Agi Dagi and Kirazli.
Asia
Medusa Mining delivers on promise (March 11, 2011)
Record gold production at low cash costs averaging US$186 per oz. contributed to a record net profit after-tax of US$58.1 million in the six months ended Dec. 31, 2010, Medusa Mining (MLL-T, MML-L, MML-A) reports.
Trouble in a mineralogical paradise: Evaluating the threat by communist insurgents in the Philippines
In late December 2010 a spokesman for the National Democratic Front (NDF), a confederation that encompasses many of the Philippines’ leftist groups – including the Communist Party of the Philippines (CPP) and its New People’s Army (NPA)…
Oyu Tolgoi to produce 3 million oz. silver a year
With silver prices cruising to new heights, investor interest in the massive Oyu Tolgoi copper-gold project in Mongolia has “prompted” Ivanhoe Mines (IVN-T, IVN-N, IVN-Q) to “more widely circulate the projections for silver production that have…
Medusa Mining delivers on promise (February 25, 2011)
Record gold production at low cash costs averaging US$186 per oz. contributed to record net profit after tax of US$58.1 million in the six months ended Dec. 31 2010, Medusa Mining (MLL-T, MML-L, MML-A) reports.
Entree Gold is “sitting pretty”
Entrée Gold (ETG-T, EGI-X) is “strongly undervalued” given the potential for it to sell its Mongolian assets to Ivanhoe Mines (IVN-T, IVN-N) or Rio Tinto (RTP-N, RIO-L), Christopher Ecclestone of Hallgarten & Co. argues in a…
Majestic Gold releases preliminary assessment of Songjiagou project
Majestic Gold’s (MJS-V) Songjiagou gold project in China’s Shandong province would have a net present value of US$525 million at a 10% discount rate and an internal rate of return of 78.6%, according to a preliminary assessment.
Prophecy opens mine, doors in Mongolia
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The Case for Tungsten
While gold, silver, copper and rare earths have been drawing much of the markets’ attention in the metals space recently, another metal has been quietly gathering steam.
China cuts export quotas for rare earths
Shares of rare earth element companies reached new heights when markets reopened after the Christmas holidays on Dec. 29, 2010, following news that China had cut export quotas for the strategic metals by 35% year-on-year.The Ministry of…
Southwestern’s Paterson arrested
Vancouver – After a three-and-a-half year investigation involving police in Vancouver, Hong Kong, and China, John Paterson, founder and former CEO of Southwestern Resources, has been arrested and charged with nine counts of criminal fraud.
Monument makes it happen in Malaysia
SITE VISIT KUALA LIPIS, MALAYSIA — True believers will persevere in the face of adversity. When the believers are mine builders, the recession of 2008-09 was the picture of adversity…