[Update] Woulfe advances Sangdong
With tungsten prices on the rise, Vancouver-based Woulfe Mining (WOF-V) is scrambling to restart the past-producing Sangdong tungsten-molybdenum mine in South Korea by late 2012.
Asia
Mindoro working to expand Agata nickel project
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.
Kazakhstan brings the gold for Ivanhoe
Ivanhoe Mines (IVN-T, IVN-N) could have its hands on another world class asset, this time in Kazakhstan. Altynalmas Gold – a company that Ivanhoe holds a 50% stake in – released an updated Mineral Resource estimate for a new deposit at its…
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…
Philippine panel rules in favor of Philippine Metals
Philippine Metals (PHI-V) looks to have put an exploration permitting nightmare behind it.
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.