Today, Global Metals Exploration (ASX:GXN) announced they are acquiring a graphite project in Tanzania through the takeover of Hatua Resources Ltd., a Tanzanian company holding tenements of approximately 1.200 km², […]
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Betting on Iron Ore
As said in our blogpost on Northland Resources yesterday, iron ore prices have been sliding for almost 2 months now. 62%Fe is currently trading between $90 and $95 per tonne, […]
Northland Resources – Europe’s next iron ore producer
After today’s drop, Northland Resources SA (NAU.TO) is getting interesting. At a shareprice of C$0.62, their market capitalization dropped to about C$320M, which isn’t very expensive if the company can […]
Simba completes passive seismic survey
Simba Energy Inc. announced today they completed the First phase of field work on Block 2A in Kenya. During the seismic survey data from 218 listening stations was recovered and […]
Empire announces First Quantum as its partner for Turkey
Empire Mining Corp. (EPC.V) announced a JV agreement with First Quantum Minerals Ltd. today whereby First Quantum can earn a 51% interest in the Bursa copper project by paying $1.5M […]
Prodigy Gold announces a 6.1Moz resource estimate
We’ve covered the Magino Gold Project about 2.5 years ago, when it was a 1.5Moz deposit owned by Golden Goose Resources Inc. Later on, Golden Goose merged with Kodiak Exploration […]
Excalibur Resources receives explosive permit
Excalibur Resources Ltd. (XBR.C) announced today their 49% owned subsidiary received the expected permit to use explosives. This is extremely important news as this allows the company to open up […]
Proto to acquire 50% of nickel project in Albania
Proto Resources and Investments Ltd. announced they entered into an option agreement to acquire 50% of a nickel laterite project in the Kukes district of Albania. Although we had a […]
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