Two sides hunker down at RX Exploration
A battle is brewing in the boardroom of RX Exploration (RXE-V).
United States
NovaGold’s CEO chats about progress, George Soros
Vancouver – NovaGold Resources (NG-T, NG-N) held its first live broadcast of the company’s annual general meeting of shareholders on May 25, with long-time chief executive officer Rick Van Nieuwenhuyse providing a pleasing roundup of the…
General Moly presents at Goldman Sachs conference
Investors always like to know when chief executives buy stock in the companies they head. So it didn’t pass unnoticed last week when Bruce Hansen, chief executive of General Moly, (GMO-T, GMO-X) spent US$99,250 on the purchase of 25,000…
Cayden advances with three North American projects
Vancouver – The team behind Ghana-focused Keegan Resources (KGN-T, KGN-X) has set its sights on advancing several North American prospects though relatively new entrant Cayden Resources (CYD-V).
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.
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.