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Tag: tungsten

Blackheath Resources Reports 11m of 2.09% Tungsten at Vale das Gatas

Blackheath Resources Reports 11m of 2.09% Tungsten at Vale das Gatas

Blackheath Resources Inc. (TSX:BHR) announced results from a recent work program at the Vale das Gatas Tungsten Mine in Portugal, as well as previously unreported historical reserve estimates. Highlights from the work program include an underground sample of stockwork totalling 11 metres averaging 2.09% tungsten trioxide.

American CuMo Gains 18 Percent on Updated Resource Estimate

American CuMo Gains 18 Percent on Updated Resource Estimate

American CuMo Mining (TSXV:MLY) has reported a new mineral resource estimate for its CuMo molybdenum-copper-silver deposit in Idaho. The company gained 18 percent on the news. The new estimate confirms that CuMo is the largest unmined open pit molybdenum deposit in the world.

As quoted in the press release:
Gary Giroux of

Almonty Industries to Acquire Woulfe Mining

Almonty Industries Inc. (TSXV:AII) announced that it has entered into an arrangement agreement with Woulfe Mining Corp. (CSE:WOF) that will see Almonty acquire all of Woulfe’s outstanding shares by way of a court approved plan of arrangement.

Avrupa Minerals Announces $400,000 Private Placement

Avrupa Minerals (TSXV:AVU) announced a private placement for gross proceeds of $400,000. Each $0.10 unit of the placement will have a four-month hold period and will be made up of one common share plus a warrant to purchase another common share at $0.15 for a period of up to three

8 Top Rare Earth-producing Countries

While China may have a stranglehold on the rare earths market, it’s not the only country producing the metals. Here’s a look at the eight top rare earth-producing countries of 2014, as per statistics from the US Geological Survey.

Silver Mining in Canada

Canadian silver production came to 646 tonnes in 2014, and the country is the 10th-largest producer of the metal in the world. While mines in Ontario and Quebec produce most silver in Canada, exploration is taking place British Columbia, Nunavut and Yukon.

Proposed EU Law to Help in Fight Against Conflict Minerals

Mining Weekly reported that campaigner Emily Norton from the nongovernmental organisation Global Witness conflict minerals believed that the proposed European Union (EU) conflict minerals law will help make responsible sourcing a natural part of doing business in countries struggling with conflict.

Colt Resources Announces $30 Million Financing Committment

Colt Resources (TSXV:GTP) has entered an agreement with CITC-GEM, whereby it has the option to issue and sell shares at its sole discretion and CITC-GEM is committed to buying common shares of Colt for aggregate proceeds of up to $30 million. Funds raised will be used to assist in the

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