High metal prices make Golden Queen’s Soledad look fine
Golden Queen Mining (GQM-T) is looking to prove that there is still plenty of gold in California, even if it is of a much lower grade than what the old 49ers were used to.
United States
Cline Mining slumps on production delays, dilutive financing
Vancouver – Investors disappointed with Cline Mining’s (CMK-T, CLNMF-Q) early morning announcement on May 16 that coal production in 2011 is going to be lower than expected at the company’s recently reopened New Elk coal mine in Colorado were…
Midway bulks up gold resource at Spring Valley (May 16, 2011)
Two years worth of drilling by Barrick Gold (ABX-T, ABX-N) has allowed joint-venture partner Midway Gold (MDW-V, MDW-X) to add significant gold resources to its Spring Valley gold project in Pershing Cty., Nev.
Newmont donates US$250,000 to University of Nevada
Newmont Mining (NEM-N) is supporting the Mackay School of Earth Sciences and Engineering at the University of Nevada, Reno, with a gift of US$250,000 to support students, faculty, research and educational outreach.
Corsa advances coal operations in Pennsylvania despite weather delays
Despite being nearly two months behind schedule, shareholders of Corsa Coal (CSO-V) reacted positively to news that the company’s Wilson Creek metallurgical coal processing plant in Pennsylvania will be commissioned and fully functioning by the…
Metals Commentary: Metal prices’ fall and the bin Laden effect
Friedrich Nietzsche opined that, in its essence, life is uncanny.
Quaterra picks up past producing open-pit copper mine in Nevada
The 1970s were not kind to the Anaconda Copper Company. Its properties were expropriated in Chile and the company was eventually taken over by Arco, an oil and gas company that wasn’t interested in the copper producer’s mineral assets, which…
International Tower Hill hits infill high-grade at Livengood
Vancouver – Winter infill drilling has returned strong gold intercepts at International Tower Hill Mines’ (ITH-T, THM-X) Livengood project in Alaska.
Midway bulks up gold resource at Spring Valley (May 02, 2011)
Two years worth of drilling by Barrick Gold (ABX-T, ABX-N) has allowed joint venture partner Midway Gold (MDW-V, MDW-N) to add significant gold resources to its Spring Valley gold project in Pershing County, Nevada.
Wildcat finds more silver in Arizona (May 02, 2011)
Highlights from step-out and infill drilling at Wildcat Silver’s (WS-V) Hermosa silver project in Arizona include 26 metres of 346.52 grams silver per tonne, 12.24% manganese, 3.16% zinc, 4.22% lead and 0.30% copper in hole 117.
Aussie rich-lister likes New Mexico copper deal
Having spent the last two decades making a A$338-million fortune providing accommodation to mining companies, Australia’s Kevin Maloney has now decided to try his hand at mining himself. In March, he invested $10.2 million in Vancouver-based…
Goldgroup rises on long intercepts
Goldgroup Mining’s (GGA-T) latest round of drill results didn’t bring the high grades of its previous announcement, but the length of mineralization remains impressive. The company is currently drilling at the Caballo Blanco project in Mexico…