SouthGobi Sells Indonesian Coal Property
SouthGobi Energy Resources (SGQ-T) is selling its stake in the Mamahak coal project in Indonesia to focus on developing its coal assets in Mongolia, the company says. The news sent SouthGobi’s shares …
Australia, NZ & South Pacific
Philex Posts Maiden Resource On Bayugo
The Bayugo copper-gold prospect in northwestern Mindanao Island in the Philippines has its first resource estimate, Philex Gold (PGI-V) reports.
Investors Take Note Of East Asia’s Miwah
VANCOUVER — A steady stream of well-mineralized gold intercepts and promising sampling results propelled East Asia Minerals’ (EAS-V) share price up as much as 70% in the first two weeks of December.
Crocodile Takes A Bite Of Tom’s Gully
Initial results are in from Crocodile Gold’s (CRK-T) Tom’s Gully drill program, and on the news, the market signalled its faith in the company’s plan to breathe new life into the past-producer.
First Quantum picks up Ravensthorpe from BHP
BHP Billiton (BHP-N) suspended operations at its Ravensthorpe nickel project in Western Australia in January a…
Newmont Moves Boddington Into Commercial Production
News that Newmont Mining’s (NMC-T, NEM-N) Boddington operation in Western Australia has achieved commercial production and that it is making headway in Indonesia, helped push the gold major’s shares t…
Editorial: ‘Climategate’ puts warm-mongers on the defensive
The edifice of manmade global-warming alarmism continues to crumble in the wake of “Climategate,” which stem…
Crocodile takes a bite out of Tom’s Gully
Initial results from Crocodile Gold’s (CRK-T) Tom’s Gully drill program are in, and the market liked what it saw.
Newmont moves Boddington into commercial production
At US$52.38 per share, Newmont Mining (NEM-N) is trading within US$1.50 of its 52-week peak of US$53.81, on ne…
Ivanhoe Australia Posts Merlin Resource
In the early 1900s high-grade, surface-enriched copper was mined from Mount Dore in northwestern Queensland, but production to 1961 reached just 5.9 tonnes of copper.Fast-forward nearly 50 years and in December 2008, Ivanhoe Australia (IVA-A)…
Mega Uranium Lands Mining Lease For Lake Maitland
VANCOUVER — Mega Uranium (MGA-T, MGAFF-O) took a major step toward development of its Lake Maitland uranium deposit in October when the state government of Western Australia granted the company a min…
Moly Mines Welcomes Chinese Partner Hanlong
VANCOUVER — After a tumultuous year, Moly Mines (MOL-T, MYMNF-O) is back on track, primed to develop both its iron ore and molybdenum projects in Australia with a major investment and financing commi…