Kria Resources (TSX VENTURE: KIA), a base metal exploration and development company, has announced its recent Halfmile Lake project results located near Bathurst, New Brunswick. The returns are as follows: 6.87% Zinc, 2.23% Lead, 52.01 g/t Silver and 0.86 g/t Gold. Dayle Rusk, Kria’s Vice President of Exploration is quoted saying: “We are quite pleased [...]
Multi Commodity Exchange of India Ltd. (MCX), an independent commodity exchange based in India, has launched a futures contracts in MINI Zinc (Contract Size 1 MT). Contracts of zinc mini will initially start by June and July and by that time more contracts will be introduced. Praveen Singh, an analyst with Sharekhan Commodities is quoted [...]
Nyrstar NV has announced that it has agreed to acquire a 19.9% interest in Ironbark Gold Limited (ASX-IBG) (Ironbark) for (approximately) €3.5 million. Mr Erling Sorensen, chief commercial officer of Nyrstar is quoted saying: “We are excited by this investment and our new relationship with Ironbark as we believe that the Citronen zinc-lead project has [...]
Irish explorer Belmore Resources is awaiting imminent news of progress at its Kilbricken zinc, lead and silver project while probing another mineral prospect. For full story, click here
A major lead-zinc ore exploration project that straddles the Yukon-Northwest Territories boundary has been moving ahead on the Yukon side but still awaits final regulatory approval on the N.W.T. side. For full story, click here
Terramin Australia Ltd., an Australian zinc and lead producer, will commence financing talks in China next month for its planned $266 million Tala Hamza zinc and lead mine in Algeria. For full story, click here
Terramin Australia Ltd., an Australian zinc and lead producer, will commence financing talks in China next month for its planned $266 million Tala Hamza zinc and lead mine in Algeria. For full story, click here
A major mining initiative in the southeast Yukon recently moved one step closer to starting production. Yukon’s Zinc Wolverine Project ‘Tailings and Infrastructure Design and Construction Plan’ was recently approved by the Department of Energy, Mines and Resources. For full story, click here
Valley High Ventures Ltd. offered a project update on its Cordero Project in Mexico and its Mount Polley project in British Columbia. For full story, click here
Terramin Australia reported that it has locked in $46 million in financing for its Algerian zinc project, putting a rocket under the company’s shares. For full story, click here
Wednesday, May 26, 2010