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By: Creamer Media Reporter Updated 5 minutes ago TSX-V- and Frankfurt-listed Mindoro Resources says its subsidiary, Agata Processing Inc (API), expects to complete a definitive feasibility study (DFS) for a nickel processing plant at the Agata project, in northern Mindanao, Philippines, by the end of this year. TVI Resource Development (TVIRD)... →
By: Natasha Odendaal Updated 25 minutes ago As TSX-listed Osisko Gold Royalties geared up to combine its business with TSX-listed Virginia Mines, the Montreal-headquartered gold-focused royalty and stream company acquired a further one-million shares in Virginia Mines. Osisko, which still had to complete the acquisition of 2.38-million... →
By: Creamer Media Reporter Updated 39 minutes ago Junior miner Rye Patch on Wednesday said the Rochester mine net smelter return (NSR) had earned it $2.61-million, or about C$2.85-million, in the first three quarters of this year. The Rochester mine paid a 3.4% NSR royalty quarterly to Rye Patch on each ounce of silver and gold produced and sold. →
By: Ajoy K Das Updated 50 minutes ago Even as the Indian government gets ready to launch its maiden allocation of coal blocks through competitive auction, demands have surfaced that the resource should be allocated through a ‘government dispensation route’, or based on government’s recommendations. Leading the charge was Steel... →
By: Creamer Media Reporter Updated 56 minutes ago Nevada-focused narrow-vein gold miner Klondex Mines has raised $10.3-million through the exercise of warrants by shareholders during October and November. About 5.86-million common share purchase warrants were exercised at a price of $1.75 a share. →
By: Esmarie Swanepoel Updated 57 minutes ago The latest data from the Bureau of Resources and Economics (BREE) has revealed that the downward spiral in commodity prices has resulted in an increase in the number of resource projects either being delayed or deferred. BREE stated in its latest Resources and Energy Major Projects report that... →
By: Esmarie Swanepoel Updated 1 hour 5 minutes ago Junior developer WPG Resources has taken full ownership of the Tunkillia gold project, in South Australia, after reaching an agreement with joint venture partner Helix Resources. WPG acquired a 70% shareholding in the Tunkillia project at the end of May this year, through a transaction with... →
By: Creamer Media Reporter Updated 1 hour 7 minutes ago The Soledad Mountain gold and silver project near Mojave, in California, is proceeding on schedule, with processing facilities set to be commissioned in late 2015, TSX-listed Golden Queen Mining reported on Tuesday. The Vancouver-based company said its 50%-owned subsidiary, Golden Queen Mining... →