Articles Tagged "explore"

Back In The Black

Coal Investing News reports fundamental to its Chinese economy is coal. Coal is heavily linked to other commodity prices, most notably in its use during steel smelting, and coal prices have now risen 30 per cent from their low in March. “For the second half of 2009, there are still risks of tight coal supply,” said [...]

Endeavour Silver Corp. – Silver producer focused on growth

Silver Investing News reports Endeavour Silver Corp. is a Canadian based silver mining company focused on the growth of its silver production, reserves and resources in Mexico. Since founding in 2004, production has grown to producing 2,340,000 ounces of silver (plus gold) in 2008, proven and probable reserves of 9.5 million ounces of silver equivalent [...]

Dollar Slides, Crude Jumps

Crude Investing News reports crude prices have jumped 34% this year. Oil rose for a second day on Wednesday, after an industry group reported U.S. crude stockpiles dropped for the second week in a row and the dollar declined. For complete story, click this link. Follow developments in resource mining and exploration for free. Sign [...]

Crude oil headed for $71.55 a barrel

Crude Investing News reports crude oil did well for about 4 days and fell on Tuesday. Crude oil for June delivery declined as much as 77 cents, or 1.4 per cent, to $53.70 a barrel in electronic trading on the New York Mercantile Exchange. Oil is up 21 per cent this year. After nose-diving from [...]

DEVELOPING WORLD-CLASS POTASH PROJECT IN ETHIOPIA

Overview Allana controls potash concessions covering 150 km2 in the Danakil Depression. The property has an Inferred Mineral Resource of 105,200,000 tonnes with a composite grade of 20.8 % KCl. The unique environment at Dallol suggests low CAPEX and OPEX may be achievable using solution mining, solar evaporation and geothermal energy. What we like about [...]

Oil Price Peaks And Slides

Crude Investing News reports oil prices sliding and peaking at various periods. Oil prices soared higher on the prospects of a rebound in energy demand. “The market thinks the worse is behind us and that we’re heading toward recovery at the end of the year, early next year,” Fitzpatrick said. Spreading worldwide recession has ravaged [...]

Pancon Uranium: The Right People, The Right Projects

Overview Pancontinental Uranium is a Canadian-based company focused on uranium discovery and development. Through a joint venture with Crossland Uranium Mines Limited of Australia, Pancon has established one of the strongest teams in the uranium industry. The joint venture is led by a management and operating team with unparalleled experience from exploration, through development to [...]

Demand set to recover soon?

Heavy Oil Investing News reports the recent jump in oil price was caused by a drop in inventories. The rally in oil contrasted with the grim global economic picture. The U.S. Labor Department said the number of American workers drawing unemployment aid jumped to a record high of nearly five million, highlighting the deterioration in the [...]

Molybdenum’s decline leaves few strong contenders

Moly Investing News reports price of molybdenum’s decline to US$12 per pound, lowest since 2008, giving other metals a stronger edge. It is not all doom and gloom in the industry; junior miner Nanika Resources has secured yet another $500,000 placement.  Unlike many junior exploration companies suffering through the current credit crunch, Nanika, owners of [...]

Notes on News

Sprott Moly fund is being “unwound”.  They are distributing the assets to shareholders. ELN  - high grade copper on Democratic Republic of Congo including 7m of 7% copper and 21m of 2.4% copper.  $2.7m cash. LAT – 7g/t gold in Paraguay.  $5.2m in cash GEM – lots of uranium drill results in Ontario.  All low [...]