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Royal Roads & Benton Discover New Copper Sulphide Zone
Royal Roads Corpand Benton Resources Corp. are pleased to announce the discovery of a new copper sulphide zone on the Long Range Joint Venture property in central Newfoundland.
Antioquia Gold Drilling Colombian Assets
Colombia has emerged as a prolific source of new gold deposits during the last several years, and Antioquia Gold Inc. is the latest TSX Venture listed company to begin exploration there. Antioquia controls a 100% interest in 6 mining concessions covering a total of 279 hectares (Guayabito) and a 90% interest in 2 additional [...]
Moly Mines Plans To Acquire Mining Project at Spinifex Ridge
Moly Mines Ltd has completed an advanced engineering study on a smaller, start-up Spinifex Ridge Molybdenum Project in the last quarter. This has demonstrated a significantly reduced capital hurdle whilst maintaining attractive financial fundamentals. The highlights of the Study include:
Canada Mining and Industry Trends, Issues and Challenges Facts & Figures 2008
The Mining Association of Canada is the national organization for the Canadian mining industry. Its members account for most of Canada’s production of base and precious metals, uranium, diamonds, metallurgical coal, mined oil sands and industrial minerals and are actively engaged in mineral exploration, mining, smelting, refining and semi-fabrication.
Facts & Figures 2008 provides details on [...]
Canadian gold and energy royalty company offering aiming to raise more than $1-billion
Franco-Nevada, the Canadian gold and energy royalty company sold to Newmont Mining Corp. in 2002, is set to rise again with an initial public offering aiming to raise more than $1-billion – by far the largest debut on the Toronto Stock Exchange this year.
Hoping to attract the millions of mining investment dollars that have come [...]
Oilfield has been discovered in South Australia’s Far North
A BILLION-DOLLAR oilfield has been discovered in South Australia’s Far North, the find touted as one of the biggest of its kind on the Australian mainland.
Closely following the announcement by BHP Billiton of a massive copper and gold resource at Olympic Dam, Queensland-based Innamincka Petroleum said yesterday it had discovered 120 million barrels of oil [...]
Gold and other mining investments strong results in Toronto market
The Toronto stock market found strength from gold and other mining investments in morning trading Wednesday, while New York reacted to Cisco Systems’ strong results and earnings outlook.
Toronto’s S&P/TSX composite index was up 191.69 points to 13,752.26. The gold sector led increases, up 2.2 per cent, with the December bullion contract on the Nymex gaining [...]
NovaGold Second Quarter Financial Results and Project Update
NovaGold Resources Inc.today announced its financial and operating results for the three months ended May 31, 2007, along with an update on the Company’s project development activities. Details of the Company’s financial results are described in the unaudited consolidated financial statements and Management’s Discussion and Analysis which, together with further details on each of the [...]
U.S. Silver Corporation Announces the Acquisition of the Historic Dayrock Lead-Silver Mine and Mill
U.S. Silver Corporation, is pleased to announce the acquisition of the historic Dayrock Lead-Silver Mine and Mill facility located about 3 1/2 miles northeast of the Company’s Galena Mining Complex in the Silver Valley of North Idaho. The Dayrock operated intermittently from 1924 until 1977 having produced 155 million pounds of lead and 6,500,000 ounces [...]
