The company, advancing iron ore projects in Sweden and Finland, decided to increase the size of the equity offering announced earlier in February due to "high demand" . Together with a fully subscribed bond offering the company is now raising close to $700 million.
The resource markets have weathered some death defying ups and downs lately. But Michael Ballanger, senior investment advisor with Toronto-based Union Securities, […]
Sometime between 1500 and 1565 a large graphite deposit was discovered in Cumbria, England.
The Fukushima disaster reminded us all of the dangers inherent in uranium-fueled nuclear reactors.
Greek Parliament voted 200 for and 74 against to pass tough austerity measures in return for a bailout and keep Greece in the Euro.
Peter Grandich believes that we're in the midst of a stealth gold bull market.
Perth-based explorer Peel Mining Limited (ASX:PEX.AX - News) is pleased to report that follow-up RC/diamond drilling at the Mallee Bull prospect (previously known as 4-Mile), part of its 100%-owned May Day-Gilgunnia Project located about 100km south of Cobar in NSW, has intersected additional new high-grade Cobar-style polymetallic mineralisation.
The net loss for the second quarter ended December 31, 2011 totaled $10.1 million or $0.23 per share as compared to a net loss of $2.6 million or $0.07 per share for the same period in 2010.
Salmon River Resources Ltd. ("Salmon River" or the "Company") (TSX VENTURE:SAL) is pleased to announce that it has entered into a loan agreement (the "Loan Agreement") with Rigdon Limited ("Rigdon"), pursuant to which Rigdon has agreed to lend the Company US$2,000,000 (the "Loan").
BHP Billiton (NYSE: BHP), the world’s largest mining company, expects to increase production at its Escondida copper mine in Chile to over 1.3Mt/y in the 2015 financial year, said CEO Marius Kloppers yesterday in a webcast to discuss fiscal H1 results.