Posts Tagged ‘molybdenum’

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Gold Reach quadruples resource at polymetallic property in BC

Gold Reach Resources (CVE:GRV) enjoyed a 15% lift in its stock price today on news that it has quadrupled its resource estimate at the company’s Ootsa Lake property in British Columbia, about 120 kilometres south of Smithers. The tiny Canadian junior, with a market cap of $16 million, said the Seel deposit on the property has yielded 28.13 million indicated tonnes containing copper, gold, ... Full story

Mercator Minerals’ Form 40-F Registration Statement Effective

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Jan. 10, 2012) -   Mercator Minerals Ltd.  ( TSX:ML ) – Mercator Minerals Ltd. Full story

Mining with gas: Copper-gold mine in Yukon to be powered with LNG

A new open-pit copper-gold mine in Canada’s Yukon Territory would be powered with natural gas. Releasing an update today on its Casino project, Western Copper and Gold Corp Full story

81% of native corp. opposed to Pebble Mine

The Pebble Mine copper-gold-moly project in Southwestern Alaska got hit with another negative poll last week. The Huffington Post reports that 81% of the roughly 2000 shareholders of the Bristol Bay Native Corporation —  the regional Native corporation and largest private landholder in southwest Alaska — have rejected the mine on the basis that it will “unavoidably put at risk the ‘fisheries and our ... Full story

Huckleberry minelife extended by 7 years

Imperial Metals (TSE:III) is extending its Huckleberry mine in northern British Columbia by 7 years. The company said it plans to extend the Main zone pit and build a new tailings storage facility, which will keep the mine running until 2021, 7 years later than the previous plan to close the mine in 2014. The pit is estimated to contain 39.7 million tonnes of ... Full story

Freeport’s copper production is off 13% in Q3 due to labour disruptions

Freeport's copper production is off 13% in Q3 due to labour disruptions
Buffeted by falling copper prices and labour unrest at Grasberg, Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) reported net income of $1.1 billion, $1.10 per share, compared with $1.2 billion, $1.24 per share duing the same quarter a year ago Full story

Voting closes but results of Pebble referendum not available for two weeks

Voting closes but results of Pebble referendum not available for two weeks
Forbes reports that it will be another two week before we know the results of the Pebble mine project referendum: Municipal elections in southwest Alaska's Lake and Peninsula Borough are conducted by mail. They will be counted when the canvassing board meets Oct Full story

Alaska superior court confirms Pebble exploration permits

Alaska superior court confirms Pebble exploration permits
VANCOUVER, Oct. 4, 2011 /CNW/ - Alaska Superior Court Judge Eric Aarseth has ruled in favour of the State of Alaska and the Pebble Limited Partnership (the "Pebble Partnership" or "PLP") in a case brought by anti-Pebble activists who charged that the state's system for permitting mineral exploration activity is unconstitutional, and that PLP's exploration program has caused environmental harm Full story

Mercator Minerals hits new low despite record output

Mercator Minerals hits new low despite record output
Mercator Minerals was changing hands for $1.24, down 7.4% and a new year-low, at the opening of trade on Tuesday despite announcing record production at its Mineral Park Mine in Arizona. The counter has had a dismal year and so far is down 68% on the Toronto exchange in 2011 where it is worth $330 million. Production for the quarter totalled 10.5 million pounds of ... Full story

Avanti intersects 598.5 meters averaging 0.077% molybdenum at Kitsault

Avanti intersects 598.5 meters averaging 0.077% molybdenum at Kitsault
VANCOUVER, BC, Sep 20, 2011 (MARKETWIRE via COMTEX) -- Avanti Mining Inc.  CA:AVT -2.86%  (pinksheets:AVNMF) ("Avanti" or the "Company") is pleased to announce that it has received assays from the next 14 holes of its 2011 drill program at the Kitsault Mine molybdenum project located in northwest British Colombia. The drilling program has been completed and totaled 32 holes for 9,989 meters at the Kitsault deposit, ... Full story
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