Junior Mining News

Canadian Platinum Announces Closing Of Flow-Through Private Placement

By Hamza Ghaznavi Canadian Platinum Corp. (“CPC” or the “Company” – TSXV:CPC) announces that the Company has closed its previously announced non-brokered private placement of flow-through (“FT”) units (“Units”), for gross proceeds of $310,000 (the “Offering”). The Offering consisted of the issuance of an aggregate of 12,400,000 FT Units at a price of $0.025 per […]

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Great Bear Expands Gold Properties in Red Lake, Ontario

By Anwesha Sengupta Great Bear Resources (TSXV:GBR, OTC:GTBDF) (the “Company” or “Great Bear”) today announced it has expanded its Dixie and West Madsen gold properties in the Red Lake district of Ontario through staking. A map of the expanded properties is shown below. Figure 1: Map of Great Bear’s expanded gold properties in the Red

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Nevada Sunrise Acquires Option to Purchase Coronado VMS Property in Nevada and Announces Private Placement

By Anwesha Sengupta Nevada Sunrise (TSXV:NEV) is pleased to announce that it has entered into a 90-day due diligence period related to an option to purchase the Coronado property (“Coronado”, or the “Property”), located in the Tobin Sonoma Range of Pershing County, Nevada, approximately 30 miles (48 kilometres) southeast of Winnemucca. About Coronado Coronado currently

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Nevada Sunrise Acquires Option to Purchase Coronado VMS Property in Nevada and Announces Private Placement

By Anwesha Sengupta Nevada Sunrise (TSXV:NEV) is pleased to announce that it has entered into a 90-day due diligence period related to an option to purchase the Coronado property (“Coronado”, or the “Property”), located in the Tobin Sonoma Range of Pershing County, Nevada, approximately 30 miles (48 kilometres) southeast of Winnemucca. About Coronado Coronado currently

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Macarthur Minerals Commences Geophysical Surveys Targeting Nickel & Cobalt at Its Lake Giles Project

By Anwesha Sengupta Macarthur Minerals Ltd (TSXV:MMS) (the “Company” or “Macarthur”) is pleased to announce that it has commenced its exploration program targeting nickel and cobalt at its Lake Giles Project in the Goldfields region of Western Australia. Mr Cameron McCall, Executive Chairman of Macarthur commented: “Macarthur has ramped up its exploration activities and the

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Macarthur Minerals Commences Geophysical Surveys Targeting Nickel & Cobalt at Its Lake Giles Project

By Anwesha Sengupta Macarthur Minerals Ltd (TSXV:MMS) (the “Company” or “Macarthur”) is pleased to announce that it has commenced its exploration program targeting nickel and cobalt at its Lake Giles Project in the Goldfields region of Western Australia. Mr Cameron McCall, Executive Chairman of Macarthur commented: “Macarthur has ramped up its exploration activities and the

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Rio Tinto signs JV exploration deal with China’s Minmetals

By Cecilia Jamasmie World’s No. 2 miner Rio Tinto (ASX, LON:RIO) has joined forces with Minmetals, one of the biggest Chinese mining companies, to explore for mineral deposits first in the Asian country and then the rest of the world . The 50-50 joint venture with state-backed Minmetals follows a technical agreement signed in November,

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Poor Infrastructure Costs Permian Producers $22.09/Barrel

By Jody Chudley This post Poor Infrastructure Costs Permian Producers $22.09/Barrel appeared first on Daily Reckoning. The ability of the American oil producers to grow production continues to amaze. Shale oil production in the Permian Basin keeps surging higher. Unfortunately, the inability of American oil producers to plan for this production growth also continues to

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Congo mining regulations to be signed into law on Friday — mines minister

By Reuters Democratic Republic of Congo’s prime minister will sign into law on Friday regulations to immediately implement a new mining code without any concessions to industry demands that key provisions be amended, the mines minister said on Thursday. The move could set off a legal battle between the government and major mining companies operating

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OZ Minerals closer than ever to grabbing Brazil-focused Avanco

By Cecilia Jamasmie Australian copper-gold miner OZ Minerals (ASX:OZL) moved closer to having control of takeover target Avanco Resources (ASX:AVB) Thursday, as it declared its cash and shares offer for the for Brazil-focused explorer “unconditional.” The Adelaide-based company is offering Avanco shareholders 8.5c in cash and 0.009 of its own shares for every Avanco share

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