Archive for the 'Mining' Category
The rare earth miner needs to understand the entire production chain. Here’s how Byron King puts it: “Rare earth miners are distinct from gold miners, who don’t really care what ultimately happens to the gold they produce. That is, if you mine gold, it could wind up in a gold bar, a gold coin or a gold dental filling. But
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Avion Gold (AVR) a Canadian mining company is focused on West Africa. and holds 80% of two important gold projects in Mali. Production has recently started at its Tabakaoto underground gold mine in Mali.. “It (commencement of production) is an important step in the company’s goal of achieving 4,000 tonnes per day of process plant capacity in 2012,” Chief Operating
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Calico’s 2011 exploration program is paying off. It just announced significant increases in gold and silver in its Grassy Mountain resource. The increase includes 1,250,000 ounces of Gold and 4,100,000 ounces Silver.
Stans Energy’s (HRE.V) stock is rising on news of finding a new mineralized zone in its rare earth mine – Kutessay II. For over 30 years, Kutessay II produced 80% of the rare earth metals for the former Soviet Union.
The natural resource boom is heating again up as both mature and emerging economies look to grow. According to the Wall Street Journal, it looks like M&A activity is on the rise and the mining sector “may be poised for another round of deals.” Of course the big one everyone is talking about is Glencore and Xstrata. But there’s more
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Crocodile Gold (CRK.TO) expects to produce 75,000 to 85,000 ounces of gold this year. Underground delineation drilling shows that its flagship mine will support the introduction of more productive bulk mining methods.
Scorpio Gold (SGN.V) expanding production and improving the overall operating efficiency of the Mineral Ridge project in western Nevada.
Alix resources (AIX.V)up 16% so far today. Up 37% in past few days. Could mean good news at its gold-silver-copper property in the Valdez Creek Mining District in Alaska.
With this increase, Cardero now manages one of the largest metallurgical coal deposits in Northeastern BC. http://ow.ly/7XGlD