Sino Vanadium 100% owns the Daquan Property in China containing indicated resource of 330 million pounds of V2O5 and inferred resource of 370 million pounds of V2O5. China is the largest consumer of vanadium which it uses for high strength steel and titanium alloys, various chemical applications including a rapidly growing use in high power density, extra long life batteries.
Copper Investing News reports copper prices has been on a roller coaster ride with the global recession.
Consumer confidence sent copper on a rally Tuesday, overshadowing the weak US dollar and worries of shrinking Chinese demand. On the New York Mercantile Exchange’s COMEX division, copper’s morning range spanned $2.1070 to $2.1590, the contract’s highest level since [...]
Creston Moly (CVE:CMS) annouced today that the company has entered into a Letter Agreement to merge with Tenajon Resources (CVE:TJS). Creston Moly will acquire the shares of Tenajon by issuing 0.84 Creston shares for each Tenajon share.
Tenajon brings a three molybdenum projects and perhaps more important, $3m in cash as of Dec. 2008.
Colin Benner, Chairman [...]
Pinetree Capital (TSE:PNP) announced first quarter 2009 financial results today. Net income was $28.6 million or $0.22 per share. This compares with a loss of $0.50 per share for the same period in 2008.
The majority of the gains were seen in the resource portion of the portfolio, the fair value of which grew to over [...]
Gold Investing News reports Mindoro, focused on gold, copper-gold and nickel exploration in the Philippines with a strategy of advancing early stage opportunities to production or joint venture.
Mindoro has NI 43-101 resource estimates on its Agata North nickel-cobalt project and on both its Lobo (SWB) and Archangel (Kay Tanda) gold-silver projects. Mindoro has identified 22 porphyry [...]
Gold Investing News reports joint venture with Teryl Resources and Kinross.
Teryl Resources Corp. is one of the main holders of gold mining properties in Alaska’s Fairbanks Mining Division with significant land holdings around and adjacent to Kinross’ Fort Knox Mine, the largest producing gold mine in Alaska. The properties include the Gil project, which is a joint [...]
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 a peak [...]
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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 [...]
Silver Investing News reports silver prices maintain at its level with very little change.
In the short-term, precious metals prices are being suppressed by positive news out of North American and European equities markets, which have experienced the biggest monthly rally since 2003. There seems to be a growing sentiment in the markets that banks are [...]
Overview
Colossus Minerals Inc. is an exploration and development company focused on gold and platinum group metals projects in Brazil. Led by a skilled management team, the company is managing and developing the well sought after Serra Pelada project, a Colossus-COOMIGASP joint venture. Since their IPO in February 2008, Colossus has continuously announced spectacular high-grade results [...]
Tuesday, October 27, 2009
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