Company Announcement: Mesa Exploration Announces Changes to the Board of Directors

Mesa Exploration Corp. is pleased to announce the appointment to the Board of Directors Greg French and Larry Kornze effective immediately.

Great Basin Gold announces new deal to raise C$50m

Dual-listed Great Basin Gold has terminated its bought deal announced last week, and replaced it a new deal, sweetening the offer price to C$0.75 a share. The junior mining company was aiming to raise C$50-million to carry its Burnstone gold...

US Silver eyes an additional 1Moz/y by late 2014

Where the market tumult over recent months has made life tough for juniors that need to raise money to keep their drill rigs turning, for existing producers with a bit of cash in the bank, it spells opportunity. “The ones that have financed...

PDAC fast approaching, promoters will have to fight for funding

Ask a junior mining company about the current hardships of trying to raise big money to build a project, and metaphors involving drawing blood from stones might ensue. It should come as no surprise then that Halifax, Nova Scotia-based Metals...

South African Finance Minister unveils incentive for emerging miners

Finance Minister Pravin Gordhan is establishing a venture capital incentive for junior mining companies to strengthen growth in the South African mining sector. The fund would, through the Industrial Development Corporation, make R24.6-million a...

Assay labs race to boost capacity as exploration burgeons

Surging metals prices over the last two years have brought about a boom in exploration, putting pressure on drill rig suppliers and the mineral laboratories that test the core samples with companies having to wait longer than six months for assay...

Canadian junior has big hopes for Egyptian gold

As the first elections since the ousting of former president Hosni Mubarak draw to a close in Egypt this week, a Canadian junior mining company sees an “extremely” bright future ascending over its arid plains. Toronto-based Alexander Nubia...

Australia’s MRRT goes before Senate Economic Committee

The Australian Parliament on Thursday referred the Mineral Resources Rent Tax (MRRT) Bill and the Petroleum Resources Rent Tax Bill to a Senate Economic Committee. The committee would be seeking written submissions from interested individuals and...

Company Announcement: BC Iron supports Forrest's concerns about Mining Tax’s unfair treatment of small mining companies

BC Iron supports Andrew Forrest's concerns about the proposed Mining Tax’s unfair treatment of smaller mining companies

Colliery focuses on refurbishment to increase efficiency

Junior mining company South African Coal Mining Holdings’ (SACMHs) Umlabu colliery, in the Breyten area, near Ermelo, has undergone significant refurbishment to ensure that the mine produces 50 000 t/m of export coal.

Chamber, Samda unite behind State mining company

South Africa’s State-owned mining company will officially start operating in Mpumalanga this weekend, Mineral Resources Minister Susan Shabangu said on Friday. President Jacob Zuma will launch African Exploration Mining & Finance Corporation...

$110m Africa-focused mining fund launched

African and international institutions have committed up to $110-million in junior venture capital through the second New Africa Mining Fund (NAMF II) at the first closing on January 31. The Africa-focused capital fund, which was launched on...