African Gold Group, Inc., (TSX VENTURE:AGG) has reported the analytical results for 23 near surface (oxide) reverse circulation drill holes from AGG's Kobada, Mali gold project.
ArcelorMittal has offered $433 million to Baffinland Iron in a deal which is favourably viewed by both the board and major shareholders.
By Joel Scanlon
10 Nov 2010
Xstrata is keen on setting up a global iron ore unit as it looks to making more acquisitions. The company has begun the process of creating its own iron ore division by making a US$520 million bid for Sphere Minerals Ltd (ASX:SPH).
By Joel Scanlon
10 Nov 2010
The Royal Bafokeng nation is delighted to see one of its companies, Royal Bafokeng Platinum Company, listed on the Johannesburg Stock Exchange. It is a South African mining company which is owned by an ethnic group that lives in north of the country. The Platinum mining company saw its stock shoot up on the first day of trading raising nearly $440 million.
By Joel Scanlon
10 Nov 2010
The brilliant rescue of 33 miners in Chile made headlines just a few weeks ago, but mine workers were not quite as lucky at the San Esteban Mining Company’s copper mine Los Reyes in Chile. Located in the same region a few kilometres away the mine lost two workers in an explosion and subsequent cave in.
By Joel Scanlon
10 Nov 2010
China's decision to cut its Rare Earth Elements (REE) exports by 70% in the second quarter of 2010 has brought home the world's dependence on the nation for its REE supply. These rare minerals are a group of 17 elements which are collectively called rare earths.
By Joel Scanlon
10 Nov 2010
The expansion of the George Fisher mine in Queensland, Australia may cost $274 million, but will also provide the Mount Isa region with hundreds of jobs. The zinc mine is one of the largest in the world and is owned by Xstrata. Located in north west Queensland the mine is hoping to produce 30% more zinc after the expansion by 2013.
By Dr. Cameron Chai
10 Nov 2010
Dale Ginn, CEO of San Gold Corporation (SGR: TSX) (SGRCF: OTCQX) has reported that underground exploration drilling is confirming and extending the new L10 Zone located below and to the footwall side (south) of the Hinge Mine.
Denison Mines Corp. (TSX:DML)(NYSE Amex:DNN) has announced initial estimates of mineral resources prepared in accordance with National Instrument 43-101 (NI 43-101) from the work carried out to date on the Wheeler River project located in the rich Athabasca Basin of northern Saskatchewan.
Vista Gold Corp. (TSX & NYSE Amex: VGZ) announced today its financial results for the quarter and nine months ended September 30, 2010, as filed on November 9, 2010, with the United States Securities and Exchange Commission and the relevant securities regulatory authorities in Canada in the Corporation's Quarterly Report on Form 10-Q, and announces a management quarterly conference call scheduled for Friday, November 12, 2010, at 9:00 A.M. MST.
Great Basin Gold Ltd., (TSX: GBG; NYSE Amex: GBG; JSE: GBG) announces that trial mining in the Blanket Zone above the Main Clementine vein #18 at its Hollister project in Nevada has encountered bonanza grades of gold and silver.
Strateco Resources Inc. has announced the discovery of a new high-grade lens 1.5 km south of the three known high-grade lenses at the Matoush project.
The Bull Market Report, an online investment newsletter focused on long-term growth and income-generating stocks, has provided subscribers with coverage of rare earth metals, titanium, and molybdenum producers, including Molycorp (NYSE: MCP), Rare Element Resources (NYSE Amex: REE), Allegheny Technologies (NYSE: ATI), RTI International (NYSE: RTI), Titanium Metals (NYSE: TIE), Thomson Creek (NYSE: TC), and General Moly (NYSE Amex: GMO).
Rare Element Resources Ltd. (TSX-V: RES and AMEX: REE) has announced rare earth element assay results from an additional eleven drill holes completed during the ongoing 2010 core drilling program at the Company's 100% owned Bear Lodge property, located in northeastern Wyoming, USA.
Sandstorm Resources Ltd. (TSX VENTURE:SSL) has announced that it has entered into a gold purchase agreement with Brigus Gold Corp. (TSX: BRD).