Avanti Mining made an interest payment on the bridge loan

Friday, July 30, 2010

Steel Guru.com reports on Avanti Mining’s (CVE:AVT) payment of interest on the Bridge Loan.  According to the terms and conditions set out in the Loan Agreement, RCF has the option to receive interest payments in the form of common shares of Avanti. RCF has made a request to receive the interest payable on the bridge [...]

Molycorp cuts estimated IPO price to $14/shr

Thursday, July 29, 2010

Rare earth oxide producer Molycorp Inc (NYSE: MCP) reported it now expects to raise about $394 million through its initial public offering.

Fjordland Exploration Inc.: Gold Fields Commences 5000 m Drilling Program

Thursday, July 29, 2010

Fjordland Exploration Inc. (TSX VENTURE:FEX) and Cariboo Rose Resources Ltd. (TSX VENTURE:CRB), 60%-40% partners in the Woodjam Joint Venture , have announced that Gold Fields Limited’s (NYSE: GFI) exploration company, Gold Fields Horsefly Exploration Corporation, has provided an update on its work on the Woodjam South Property.

Creston Moly Closes Financing

Wednesday, July 28, 2010

Creston Moly Corp. (TSX VENTURE:CMS) announced that due to the demand of the non-brokered private placement announced on July 6, 2010, the Company has increased the financing to a total of $3,735,900.

Thompson Creek Announces Union Obtains Certification at Endako Mine

Wednesday, July 28, 2010

Thompson Creek Metals Company Inc. (NYSE: TC;TSX: TCM, TCM.WT;Frankfurt: A6R), one of the world’s largest publicly traded, pure molybdenum producers, today announced that employees at the Company’s Endako Mine located 120 miles northwest of Prince George, British Columbia, have received union certification.

Animas Resources updates on El Tigre Program

Wednesday, July 28, 2010

Animas Resources Ltd. (TSX VENTURE:ANI) reported significant progress in its field exploration program at El Tigre, Santa Gertrudis Mexico.

Woulfe Mining is Underground at Sangdong Mine With Opportunity for Early Production

Wednesday, July 28, 2010

Woulfe Mining Corp. (CVE:WOF) reports its development of  Sangdong tungsten-molybdenum project, South Korea. Woulfe has prepared a drilling program to delineate a block lying above the valley floor that has the potential to contain 3 million to 5 million tonnes of relatively high grade resources. This is an exploration target as it is uncertain if [...]

Antares Announces Positive Preliminary Economic Assessment for Haquira Cu-Mo-Au Project, Peru

Monday, July 26, 2010

Antares Minerals Inc. (TSX VENTURE:ANM) announced that it has received a positive Preliminary Economic Assessment (PEA) for its wholly owned Haquira Copper Project in southern Peru.

Seabridge Drilling Confirms Iron Cap as Major New Deposit

Monday, July 26, 2010

Seabridge (TSX:SEA)(NYSE Amex:SA)have confirmed a new large potentially bulk minable deposit at KSM at the Iron Cap target.

Avanti Mining issues shares

Sunday, July 25, 2010

Avanti Mining (CVE:AVT) reports issuing shares for interest payable under terms of a bridge loan. According to the terms and conditions set out in the Loan Agreement, RCF has the option to receive interest payments in the form of common shares of Avanti. RCF has made a request to receive the interest payable on the bridge [...]

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