This could be a landmark year for the AIM-quoted sources of the tower, which is set to test its space with the Ugandan bit in the next few months. This group, this week raised additional funding at the expense of the shares to hold up their plans.
Several years ago, it might not have been too [...]
Mining Exploration News:(Drilling)
Vancouver, Solex Resources Corp.today reported the results of the end of the 2008 drilling program completed in Puncopata Prospect in the East Macusani uranium project where previous drilling intersected encouraging results. Macusani East project which is a 50/50 joint venture with property Eldorado Gold Corporation and covers approximately 47,820 hectares in southern Peru.
Important [...]
Not long ago, Tim Read, Kopane executive of Diamond Development, to head Lesotho, once again, and his message to the government, which, with a 25 percent stake, is co-owner of the company’s Liqhobong diamond properties, a simple, but the sick. The reality is that the first recession diamond industry has faced since De friendly and [...]
* Review of definitive feasibility study completed
* Capital expenditure of US$173 million
* Production of 55% Ta2O5 synthetic tantalum concentrate (SynCon)
* Project finance progress
* Completion of independent technical review
* Lycopodium appointed as [...]
By Susie Boeckmann, private investor
As a private investor who has enjoyed the fruits of the expanding resource market over the past several years, it is a sobering experience to see the markets breaking out in what appears to be a rash of boils from an unnamed disease. Trying to rationalise one’s future strategy – where [...]
Campbell suspend the exploration of resources Corner Bay property due to financial conditions, weak metals market
MONTREAL (CP) - “Unfortunately, the lack of liquidity, lower copper prices and extreme difficulty in securing financing in the current market require the suspension of all activities at the Corner Bay property before to be able to carry out the [...]
MANILA, Philippines - Delay in the implementation of big-ticket mining projects has prompted the Philippines to postpone meeting its investment targets.
Instead of planning to attract some $10 billion worth of investments by 2010, Manila has given itself another two years to meet its fund goals, the Mines and Geosciences Bureau (MGB) said.
This was due [...]
SUDBURY, ON, Houston Lake Mining Inc, an advanced exploration company seeking gold, platinum group and rare metal deposits in Ontario, is pleased to provide assay results of a portion of a recently completed stripping, washing and channel sampling on its Dogpaw Lake property. Dogpaw is one of eight contiguous property of the Corporation West Cedartree [...]
VANCOUVER, BRITISH COLUMBIA–(Marketwire - Oct. 8, 2008) - Saturn Minerals Inc. (TSX VENTURE:SMI) (”Saturn”) & Swift Resources Inc. (TSX VENTURE:SWR) (”Swift”) (the “Companies”), have received an additional 83 coal prospecting permits from the Saskatchewan Ministry of Energy & Resources. The Companies have now received a total of 108 coal prospecting permits covering a total of [...]
JOHANNESBURG –
Currently in Jo’burg as excrement hits the fan. Here, described optimism nation rainbow has something to be happy. Exchange controls absorbed most of South Africa against the banking system in the flooding of the overall toxic debt, the near bankruptcy of financial institutions in most parts of the world.
And of course, Johannesburg is Egoli [...]