Inmet completes basic engineering for Cobre Panama

Inmet Mining, the TSX-listed company developing the $6.2-billion Cobre Panama copper/gold/molybdenum project, on Monday said it had completed basic engineering and launched a financing plan to fully fund its 80% share of development costs. Minera...

Company Announcement: Kores Funds Exploration Program For Mkuju South Uranium Project

East Africa Resources Limited is pleased to advise that the Board of Mkuju Resources Ltd, which hosts the Company’s joint venture with Korea Resources Corporation, has approved its first 12 month exploration work program and budget.

Company Announcement: Heads of Agreement signed with KORES

East Africa Resources Limited has entered into a Heads of Agreement with Korea Resources Corporation for KORES to invest in EAF‚s Mkuju South uranium project in Tanzania.

Santo Domingo copper/iron/gold project, Chile

Santo Domingo is a large-scale copper/iron/gold development project, with the potential to become a long-term significant copper and iron-ore producer.

Zandkopsdrift rare-earth element project, South Africa.

The project proposes the construction of a 20 000 t/y total rare-earth oxides mine.

Montero increases offering to $5.8m

Montero Mining and Exploration, hoping to build a rare earths mine in Tanzania, on Tuesday said it boosted the size of the financing announced earlier this month by 12% to $5.8-million. The TSX V-listed company aims to use the money to continue...

Montero signs co-op agreement with Korea, to raise $5m

Rare earths hopeful Montero Mining on Tuesday said it had signed a cooperation agreement with Korea Resources Corporation Kores) for exploration at the TSX V-listed companies Wigu Hill project in Tanzania. In a separate announcement on the same...

Baja says Boleo project on schedule

Baja Mining's Boleo copper/cobalt/zinc project is meeting key milestones and is still on track for first copper production in the first quarter of 2013, the company said on Thursday. Baja hosted Mexico's Secretary of Economy, Bruno Ferrari Garcia...

Proxy firms back Capstone acquisition of Far West

Proxy firms Institutional Shareholder Services and Glass Lewis & Co have both recommended that shareholders in Capstone Mining approve the company's plan to buy Far West Mining, the firm said on Thursday. Capstone announced on April 17 it had...

Capstone Q1 output falls, FY targets maintained

Vancouver-based Capstone Mining has left its 2011 production guidance unchanged, despite reporting a decline in first-quarter output from the company's mines in Canada and Mexico. Capstone, which announced last week it will buy Far West Mining,...

Baja announces C$160m offering

Vancouver-based Baja Mining plans to raise about C$160-million in a bought-deal offering of shares, to cover the equity portion of the financing package for its flagship Boleo copper/cobalt/zinc project in Mexico, in Mexico. A syndicate of...

Baja signs credit facilities for Boleo copper/cobalt project

Vancouver-based Baja Mining has finalised and signed $858-million of financing facilities for the construction and development of its flagship Boleo project, in Mexico, the firm announced on Wednesday. The facilities include $823-million of...