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Tag: strip ratio

Prophecy Provides Pulacayo Project Update

Prophecy Development (“Prophecy” or the “Company”) (TSX:PCY, OTCPK:PRPCF, Frankfurt:1P2N) is pleased to announce that it has finalized detailed internal mine plans for the Paca project, initially targeting nearsurface mineralization with a low mining strip ratio. In addition, the Company  has executed agreements regarding the sourcing of skilled workers through the local

Goldcorp Commences Supported Take-Over Bid for Exeter

Goldcorp Commences Supported Take-Over Bid for Exeter

Exeter Resource (TSX:XRC; NYSE-MKT:XRA; Frankfurt:EXB) and Goldcorp Inc. (NYSE: GG, TSX: G) (“Goldcorp”) are pleased to announce that Goldcorp has formally commenced an offer (the “Offer”) to the shareholders of Exeter to acquire all of the issued and outstanding common shares of Exeter (the “Exeter Shares”) in exchange for common

Copper Fox Arranges $750,000 Financing

Copper Fox Arranges $750,000 Financing

Copper Fox Metals Inc. (TSXV:CUU) is pleased to announce that it intends to complete, subject to the approval of the TSX Venture Exchange, a non-brokered private placement to raise up to $750,000 in gross proceeds (the “Offering”). The Offering will consist of up to 6,250,000 units (each a “Unit”) at

Copper Fox Starts Permitting for Well Test at Van Dyke

Copper Fox Starts Permitting for Well Test at Van Dyke

Copper Fox Metals Inc. (TSXV:CUU) through its wholly owned subsidiary Desert Fox Van Dyke Co. has retained NV5, Inc. of Phoenix, Arizona to commence preparation of the documentation to obtain the permits required to complete a five well pilot scale in-situ leach (“ISL”) test on its 100% owned Van Dyke

Copper Fox Spends $113,235 on Copper Projects in Q1

Copper Fox Spends $113,235 on Copper Projects in Q1

All of the Company’s material subsidiaries are wholly owned, except for Carmax Mining Corp. (“Carmax”) (TSX-V:CXM), of which the Company owns 65.4% of the outstanding common shares. These unaudited interim consolidated financial statements include 100% of the assets and liabilities related to Carmax and include a non-controlling interest portion, representing

Power Generation Bids Complete for World Class Colluli Project

Power Generation Bids Complete for World Class Colluli Project

Danakali Ltd. (ASX:DNK; OTC:DNKLY) is pleased to advise that all bids for power generation for the Colluli potash project have been received, and that a comprehensive evaluation of the tenders has commenced. The bidding process followed an expressions of interest phase which was completed in January1 . Colluli is the

Exeter Resource to be Acquired by Goldcorp

Exeter Resource to be Acquired by Goldcorp

Exeter Resource (TSX:XRC; NYSE-MKT:XRA; Frankfurt:EXB) is pleased to announce that it has entered into a definitive agreement (the “Agreement”) with Goldcorp Inc. (NYSE: GG) (TSX: G) (“Goldcorp”), whereby Goldcorp will acquire all of the outstanding shares of Exeter under a plan of arrangement for consideration of 0.12 of a Goldcorp

Nemaska to Receive $10M (U.S.) Payment from FMC

Nemaska to Receive $10M (U.S.) Payment from FMC

FMC Corp. will pay a lump sum of $10-million (U.S.) to Nemaska Lithium Inc. (TSX:NMX,OTCQX:NMKEF) by April 7, 2017, in accordance with the supply agreement announced on Oct. 31, 2016, and has agreed to amend the supply agreement to extend the timeline for the supply of product thereunder.

Anaconda Mining Sells Almost 3,600 Ounces of Gold

Anaconda Mining (TSX:ANX) has announced result for the three and nine month period ended February 28, 2017, reporting 3,597 ounces of gold sold during the third quarter of fiscal 2017, generating over $5.6 million in revenue.

As quoted in the press release:
Anaconda also earned approximately $430,000 in revenue from the sale

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