Wallbridge Mining Company Ltd. (TSX:WM, FWB:WC7) is pleased to announce that the initial results from Wallbridge’s first drilling program on its 100% owned Fenelon Gold property (“Fenelon”) in Quebec have exceeded expectations and have confirmed the resource expansion potential on the property. The exploration drill program at Fenelon commenced
Wallbridge Mining Company Ltd. (TSX:WM, FWB:WC7) has commenced resource expansion drilling at its 100-per-cent-owned Fenelon gold mine property in Quebec.
Iron oxide copper gold ore deposits are important and highly valuable concentrations of copper, gold and uranium. With an tendancy for being tremendous in size, relatively simple metallurgy and relatively high-grade, IOCG deposits can produce extremely profitable mines.
Wallbridge Mining Company (TSX:WM,FWB:WC7) is a Canadian resource company with a strong foothold in the world-class Sudbury mining camp in Ontario. With the third largest land-position in the region, the company is focused on becoming a mid-tier mining company by developing a pipeline of small near-term production projects alongside active
Carube Copper (TSXV:CUC) reported that its joint venture partner, OZ Minerals (ASX:OZL) completed phase 4 of its farm-in joint venture at the Bellas Gate project in Jamaica by completing $5.4 million in exploration expenditures.
Oz Minerals has a copper-gold mining operation in South Australia, while PanAust is focused on copper, gold and silver in Southeast Asia.
Carube Copper (TSXV:CUC) reported drill results from its Bellas Gate Joint Venture in Jamaica. The exploration program is being conducted by Carube’s joint venture partner, OZ Minerals (ASX:OZL).
OZ Minerals Ltd. (ASX:OZL) announced that the prefeasibility study for its Carrapateena project shows that it is technically and financially viable.
Lynas Corporation, Buru Energy and Alumina were three of the top gainers on the ASX this past week.
The Australian Securities Exchange rose 12.9 points or 0.24 percent to 5,422.8 points on Friday, according to The Sydney Morning Herald.
Today, the Australian Securities Exchange rose 44.1 points, hitting 5,338.1 points. The market is also up on the week, partially due to the fact that investors believe the United States’ economy has turned the corner into recovery.
The Australian Securities Exchange closed at 5,265.2 points today, up 63 points from the previous session.
Today, the Australian Securities Exchange closed at 5,401.7 points, up 46.3 points, or 0.9 percent, from the previous session. The market hit a high of 5,406.1 points and a low of 5,340.6 points before its close.
The Australian Securities Exchange closed lower today compared to the previous session, losing 21.3 points to finish at 5,400.665 points. The market hit a high of 5,422 points today.
Today, the Australian Securities Exchange hit a high of 5,234.9 points and a low of 5,197.7, ultimately closing at 5,208 points.
Investors should not expect molybdenum prices to improve until at least the beginning of 2014, analysts interviewed by Metal-Pages believe.