March 2011

New exploration technique is similar to human CAT scan

Scientists in British Columbia are researching a new mineral exploration technique that relies on three-dimensional “pictures” of ore deposits. The inventor of the technology, Dr. Doug Bryman, says his research started about five years ago, when he was approached by people in the mining industry who were looking for techniques to find high-density underground ore deposits.

Andrew Topf | March 31, 2011 - 11:26 pm

Base Metals

Thompson Creek announces completion of $132 million equipment financing

Thompson Creek Metals completed a $132 million equipment financing facility with Cat Financial Services Limited. Cat Financial has agreed to underwrite up to $132 million in mobile fleet equipment financing for Thompson Creek’s Mt. Milligan copper-gold mine located in British Columbia.

Renmark Financial Communications Inc. | March 31, 2011 - 10:36 pm

Precious Metals

Caledonia Mining doubles production at Blanket Gold Mine, Zimbabwe

Caledonia Mining posted a solid set of financial results today, reflecting increased production at its Blanket Gold Mine in Zimbabwe. The Toronto-based company nearly doubled its revenue, from $11.5 million in 2009 to $22.4 million last year, giving a profit of $8.3 million and net income of $2.257 million. It had $1.1 million in cash at the end of 2010.

Andrew Topf | March 31, 2011 - 10:17 pm

Marketwire | March 31, 2011 - 5:42 pm

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Precious Metals

Fronteer Gold shareholders approve C$2.3 bn acquisition by Newmont

Newmont Mining is nearing completion of 100% ownership of what it believes will be Nevada’s latest major gold trend-Long Canyon.

Mineweb | March 31, 2011 - 5:29 pm

Precious Metals

Lago Dourado acquires 100% interest in its flagship Juruena gold project

Lago Dourado Minerals Ltd. (TSX VENTURE:LDM) (the "Company") announced today that it has signed an agreement with Geomin to acquire a 100% interest in the remaining 16 exploration licenses, previously under option, at its flagship gold project Juruena, in the Mato Grosso state of Brazil. The Company will now hold a 100% interest in the entire project which consists of 25 exploration licenses, covering approximately 70,000 hectares. There is currently one drill rig turning at Juruena with two rigs expected to be added in the coming weeks.

Marketwire | March 31, 2011 - 5:07 pm

Battery Metals

Rare earth headlines from China should push Molycorp higher

On Wednesday, shares of Molycorp (MCP), which controls one of the world’s largest and richest rare earth deposits at its facility in Mountain Pass, California, fell despite a news announcement that the mining company and a federal laboratory have partnered to make magnets from rare earth metals in an agreement designed to spur the U.S. supply chain for the metals.

Seeking Alpha | March 31, 2011 - 4:09 pm

Precious Metals

Gold and silver’s daily review

We were waiting for a strong move and we are seeing its start.

Julian D.W. Phillips - Gold Forecaster | March 31, 2011 - 3:42 pm

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Hello!

March 2011

New exploration technique is similar to human CAT scan

Thompson Creek announces completion of $132 million equipment financing

Caledonia Mining doubles production at Blanket Gold Mine, Zimbabwe

Are stocks & commodities about to start another rally?

Jim Cramer says buy physical silver now

Osisko increases gold reserve at Canadian Malartic to 10.7 million ounces

Tags for you

Fronteer Gold shareholders approve C$2.3 bn acquisition by Newmont

Lago Dourado acquires 100% interest in its flagship Juruena gold project

Rare earth headlines from China should push Molycorp higher

Gold and silver’s daily review

Videos

Mining’s next big threat: EY warns high prices are masking deeper risks

Gold could defy another Fed rate hike, Peter Grandich says

Gold juniors trading at ‘80% off’ as mining takeover wave looms, says Michael Gentile

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