With cash and short-term deposits of roughly US$100 million, Fronteer Gold (FRG-T, FRX-X) has more than enough money to pay for the US$48 million global exploration program it has outlined for 2011.
Joint-venture partners Geo Minerals (gm-t) and Inmet Mining (imn-t) have resumed drilling on a copper porphyry target at the Middle Mountain property in south-central Arizona.At least two reverse circulation (RC) holes are planned to test for…
With historic gold production dating back to the early 1800s, coupled by the success Romarco Minerals (r-t) has enjoyed expanding the Haile gold project to 4.2 million contained gold oz., Revolution Resources (rv-t) is focusing its attention on…
An 18-month search by Canarc Resource (ccm-t) for new acquisitions has culminated with the successful bid to buy a mostly built and permitted, open-pit, heap-leach gold mine in Nevada through a bankruptcy court auction.Canarc has agreed to buy…
In a significant land consolidation move, Duluth Metals (dm-t) has agreed to buy Franconia Minerals (fra-t) for $77 million.A map of the two companies’ claims shows obvious synergies, with Franconia’s land package filling the holes between…
With historic gold production dating back to the early 1800’s, coupled by the success Romarco Minerals (R-T) has enjoyed expanding the Haile gold project to 4.2 million contained ounces of gold, Revolution Resources (RV-T) is focusing its…
Joint venture partners Geo Minerals (GM-T) and Inmet Mining (IMN-T) have resumed exploration drilling on a copper porphyry target at the Middle Mountain property in south-central Arizona. At least two reverse circulation (RC) holes are planned…
An 18-month search by Canarc Resource (CCM-T) for new acquisitions has culminated with the successful bid to purchase a mostly built and permitted, open-pit, heap-leach gold mine in Nevada through a bankruptcy court auction. Canarc has agreed…
True to its word Cline Mining (CMK-T) is set to put the New Elk Coal Mine into full production before the year’s end. The company received a key approval of its mine plan from the United States Mine Safety and Health Administration (MSHA)…
Vancouver – Mines Management (MGT-T) has outlined an economic mine plan for its Montanore silver-copper project but questions remain about getting the project permitted.
Vancouver – In a significant land consolidation, Duluth Metals (DM-T) has reached an agreement to acquire Franconia Minerals (FRA-T) in a $77 million deal.
Vancouver – Two weeks of intense negotiations and due diligence between Western Coal (WTN-T) and Walter Energy (WLT-N) has produced a formal $3.3 billion agreement to merge the two companies and create a leading metallurgical coal producer.
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