By Melissa Shaw
Last week’s other top-gaining TSXV stocks were Newrange Gold, Black Bull Resources, Red Rock Energy and Golden Dawn Minerals.
American CuMo Mining Corporation (TSXV:MLY,OTCPINK:MLYCF) announces that its wholly-owned subsidiary, Idaho CuMo Mining Corporation (Idaho CuMo), has completed an option to purchase agreement for thirty-six (36) patented mining claims, covering an area of approximately 640 acres adjacent to the CuMo Project. Patented claims contain the surface rights as well as
Last week’s other top-gaining TSXV stocks were Arak Resources, Cameo Resources, Adex Mining and Rugby Mining.
American CuMo Mining Corporation (TSXV:MLY,OTCPINK:MLYCF), along with its subsidiaries Idaho CuMo Mining Corporation and Poly Resources LLC (“Poly”), is pleased to announce that a payment of US$1 million, representing the first instalment payment of the first private placement of US$10 million, as per the binding Memorandum of Understanding entered with
The top gainer last week was Atacama Pacific Gold, and it was followed by Midnight Sun Mining, Helio Resource, Silver Spruce Resources and Focus Graphite.
American CuMo Mining Corporation’s (TSXV:MLY,OTCPINK:MLYCF) wholly owned subsidiary, Idaho CuMo Mining Corp., has purchased from a group of local prospectors 20 unpatented mining claims, covering an area of approximately 400 acres, adjacent to the CuMo project. The consideration payable for the claims was a onetime payment of the issuance of
American CuMo Mining Corporation (TSXV:MLY,OTCPINK:MLYCF) is pleased to announce that it, together with its subsidiaries, Poly Resources LLC (“Poly”) and Idaho CuMo Mining Corporation (“Idaho CuMo”), has entered a strategic financial relationship with Millennia Minerals Pte Ltd. (Singapore) (“Millennia”) initially through a binding Memorandum of Understanding (the “MOU”) outlining the
Other top gainers last week were Karmin Exploration, Commerce Resources, Focus Graphite and Thor Exploration.
Other top gainers last week were Sama Resources, BonTerra Resources, Nighthawk Gold and Ashburton Ventures.
After a slow recovery in prices in 2016, what is ahead for the metal in 2017?
Thompson Creek Metals Company Inc. (TSX:TCM,OTCQX:TCPTF) released its financial results for Q4 2015, as well as the full 2015 year. The company incurred a net loss of $134.9 million, or $0.62 per share, in 2015; that’s slightly higher than its net loss of $124.2 million, or $0.64 per share, in
Freeport McMoRan (NYSE:FCX) is taking additional action in response to market conditions, including further reductions in copper and molybdenum production and revisions to its oil and gas spending plans. Overall, Freeport is increasing its production curtailments from 250 million pounds of copper and 20 million pounds of molybdenum to 350
Thompson Creek Metals has entered into an option to purchase up to a 50-percent interest in Amarc Resources’ Ike project in British Columbia.
American CuMo Mining has overcome a significant hurdle in the permitting process for its massive CuMo project in Idaho. The US Forest Service has released a draft supplemental decision notice, finding no significant impact, as well as a supplemental environmental assessment. The move will pave the way for completion of
The company said Wednesday that operations at Endako, a moly mine it has a 75-percent stake in, will be suspended at the end of 2014.