Archive for April, 2009

Adanac Molybdenum rose up

Adanac Molybdenum Corp. announced that it has updated its mineral resource estimate for its Ruby Creek molybdenum deposit located in northern British Columbia, Canada. Christopher C. Kirby, president and chief executive officer, said: This new resource estimate represents an increase of 38% of contained molybdenum in the measured and indicated classification over the prior estimate [...]

Taseko Mines reported closure of public offering

Taseko Mines Limited declared that it has closed the previously announced bought deal short form prospectus offering of 13,793,104 common shares at a price of $1.45 per common share with a syndicate of underwriters. For full story, click here

Ferro-Molybdenum dipped further in post-Easter quiet

Ferro-molybdenum slipped further on Wednesday, with the Easter break compounding an already quiet market. Ferro-molybdenum basis 65-70% fell to $19-21 per kg from $19.50-21.50 previously in slim volumes. For full story, click here

Willow Creek Enterprises reported management’s discussion of operations

Willow Creek Enterprises, with plan of operations to conduct mineral exploration activities on the Lori/Mamquam Property in order to assess whether they possess commercially exploitable mineral deposits of copper, and molybdenum, revealed management’s discussion and analysis of its plan of operations. For full story, click here

Pinetree to acquire common shares of Dynamite Resources

Pinetree Capital Ltd. announced that, through a series of transactions ending on April 7, 2009, it acquired ownership of 500,000 common shares of Dynamite Resources Ltd. through the facilities of the TSX Venture Exchange representing approximately 0.4% of the total issued and outstanding common shares of Dynamite as of April 7, 2009. For full story, [...]