August 8, 2012

Tigray Reports 18.0 meters of 3.23% copper, 0.95 g/t gold, 22 g/t silver and 3.86% zinc at Mayshehagne, and 12.0 meters of 2.18 g/t gold and 68 g/t silver at Terakimti

Highlights from the Ethiopian projects include 18.0 meters of 3.23% copper, 0.95 g/t gold, 22 g/t silver and 3.86% zinc at Mayshehagne, and 12.0 meters of 2.18 g/t gold and…

August 7, 2012

Xstrata to create world’s biggest zinc mine

Xstrata has approved a $360 million expansion for its McArthur River mine in Australia’s Northern Territory which will make the project the largest producer of zinc in the world.

August 7, 2012

Baja Mining signs second standstill agreement with lenders

Among other requirements to keep the standstill from terminating, the Korean Consortium must acquire an additional 21% interest in MMB (for a total 51% interest) and control of MMB's board…

August 7, 2012

Anconia Resources begins drilling at its MARCE occurrence in Nunavut Territory

The company has commenced a drilling program of up to 1500 meters, on the MARCE occurrence. The planned drill program will test the extent of the MARCE occurrence and conductor…

August 6, 2012

Greenland Minerals finalises full ownership of Kvanefjeld multi-element project with equity-based transaction

Greenland Minerals and Energy Ltd (ASX:GGG) is an exploration and development company focused on developing high-quality mineral projects in Greenland.

August 1, 2012

Silvercorp reports intercept of 10.87 meters grading 715 grams per tonne silver, 6.85% lead and 1.52% zinc at the SGX mine, Ying Mining district, Henan province, China

The company reports intercept of 10.87 meters grading 715 grams per tonne silver, 6.85% lead and 1.52% zinc at the SGX mine, Ying Mining district, Henan province, China

July 31, 2012

Canadian penny to stick around until after Christmas

It was supposed to be gone this fall, but the Canadian penny is getting a reprive due to concerns of retailers who are worried about making the transition right before…

July 30, 2012

Canstar closes on acquisition of Freeport-McMoRan’s option on the Mary March property; completes earn-in for 50% of property

Canstar has completed the purchase of Freeport-McMoRan of Canada's 50% joint venture interest in the Mary March mineral properties located in the Buchans area of Newfoundland and Labrador.

July 30, 2012

Teck announces notes offering

The senior notes, guaranteed by Teck Metals, are to generate proceeds, in addition to cash on hand, to fund the redemption of all of its outstanding 10.25% senior notes due…

July 27, 2012

Not convinced Chinese trade is a disaster? Take a look at these shipping numbers

Examples: Worldwide orders for dry-bulk vessels dropped 49% to 9.8 million deadweight  tons in the first half of 2012. The monthly index of new-ship prices in China is now at…