Allegations against Winsway hurt Grande Cache Coal
Allegations of possible securities fraud against Winsway Coking Coal by an unknown research firm called Jonestown Research may spell trouble for Grande Cache Coal (GCE-T).
Asia
Ivanhoe drops the poison pill and secures financing
Rio Tinto (RIO-N, RIO-L) is moving ever closer to increasing its stake in Oyu Tolgoi through Ivanhoe Mines’ (IVN-T, IVN-N) equity. After winning a court ruling in late December of last year the sting was removed from Ivanhoe’s shareholders…
Prophecy Coal sets out financials for Mongolian power project
Vancouver – Prophecy Coal (PCY-T) has outlined the feasibility of its plan to unlock value from its Chandgana coal deposit by building a 600 megawatt thermal power plant.
Woulfe starts outlining Muguk’s charm
Woulfe Mining, (wof-v) pleased with an initial resource at the Muguk gold-silver project in South Korea, has started a scoping study at the past-producing mine.
Silvercorp’s Ying getting back its zing
Even after a KPMG forensic report cleared Vancouver-based Silvercorp Metals (SVM-T, SVM-N) of all anonymous allegations of accounting fraud in October, the largest primary silver producer in China has retained two independent consulting firms -…
Silvercorp to update resources and reserves
Even after a KPMG forensic report in October cleared Silvercorp Metals (SVM-T, SVM-N) of anonymous allegations of accounting fraud, China’s largest primary silver producer has announced that it has retained two independent consulting firms (AMC…
China sets first tranche of 2012 REE export quotas
China has determined that its first tranche of export quotas for rare earth elements in 2012 will be 10,546 tonnes, down 27% from its first tranche of export quotas in 2011, but the China Daily reported that officials at the Ministry of…
Afghanistan gov’t pushes for mineral development
As Western powers prepare to fully withdraw their troops from Afghanistan by the end of 2014, Wahidullah Shahrani, Afganistan’s minister of mines, is preparing for a very different kind of deployment.
Rio wins ruling, Ivanhoe stock falls
While being on the hook for half of a US$6-billion mine construction is hardly small potatoes, it’s a bargain compared to shouldering the burden alone.
Intrepid Mines keeps expanding Tumpangpitu
For the third time in a little over a year, Australia-based Intrepid Mines (IAU-T, IAU-A) has added hundreds of millions of inferred tonnes at the Tujuh Bukit gold-copper project in Indonesia.
Afghanistan’s push to develop its mineral resources
As Western powers prepare to fully withdraw their troops from Afghanistan by the end of 2014, Afghanistan’s Minister of Mines, His Excellency Wahidullah Shahrani, is preparing for a very different kind of deployment.
Rio wins filing, Ivanhoe stock falls
While being on the hook for half of a roughly US$6 billion mine construction is hardly small potatoes it is a bargain compared to shouldering the entire cost load alone.