Magma Metals Limited-Quarterly Report for the Period Ended 30 June 2010
Magma Metals Limited (TSE:MMW)(ASX:MMW) released its activities and cash flow report for the quarter ended June 30th, 2010.
Archive for July, 2010
Crowflight Announces Bridge Loan and Amends Private Placement Financing
CROWFLIGHT MINERALS INC. (TSE:CML) announced that it has amended the previously announced private placement financing to a $5 million bridge loan from King Place Enterprises Limited with the potential for a further financing of $5 million to be arranged by King Place on a commercially reasonable efforts, private placement basis.
Acquisition of 3 Claims Adjacent to the Villebon Property and Resignation of a Director
St-Georges Platinum and Base Metals Ltd. (CNSX: SX) announced the signature of an arm’s length acquisition agreement for a 100% interest in 3 claims adjacent to the Villebon property located about 21 km south of Louvicourt village and about 45 km south-east of Val d’Or in the Abitibi region.
Platinum Group Metals Update
Platinum Group Metals Ltd. (TSX:PTM)(NYSE Amex:PLG) reported that it has reviewed the recent order of the mines inspector in South Africa with respect to safety measures and operating restrictions on room and pillar mining operations.
Stillwater Mining Company Corporate Update
STILLWATER MINING COMPANY (NYSE: SWC) today released comments from its Chairman and Chief Executive Officer, Francis R. McAllister, regarding the status of various Company initiatives after the first six months of 2010.
Quadra FNX Acquires Shares in Gold Wheaton
Quadra FNX Mining Ltd.(TSE:QUX) has acquired ownership of 20,464,126 shares of Gold Wheaton Gold Corp. through its 100% owned subsidiary FNX Mining Company Inc., representing 12.52% of the resulting issued and outstanding common shares of Gold Wheaton based on Gold Wheaton’s public filings.
Why platinum miners flock to Zimbabwe?
Ibtimes.com reported Why platinum miners flock to Zimbabwe?
Goldbrook Commences 2010 Drill Program on Raglan Project
Goldbrook Ventures Inc. (TSX VENTURE:GBK) reported that drilling has commenced on the Company’s extensive Raglan belt mineral tenures within the Cape Smith Nickel belt of northern Quebec.
Platinum Prices Driven By Chinese and Indian Auto Markets
Platinum prices made gains on Tuesday, climbing to $1,525 per ounce after opening July at $1,500. The metal is up 5 percent since closing out 2009, an impressive feat given the lingering fears that the European debt crisis could still trigger a double-dip recession.
Colossus Minerals Commences Drilling for the Extensions of Serra Pelada
Colossus Minerals Inc. (TSE:CSI) reports its drilling for the extensions of precious metal mineralisation on the recently expanded land package situated in Para State, Brazil The first drill‐holes of the 5,000 metre drill program are targeting the down‐plunge projection of high grade gold‐platinum‐palladium mineralisation in the Central Mineral Mineralised Zone (“CMZ”). To the northeast of [...]
