Metal and Mining Industry and Financial News
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Metals market news for the specialist commodity investor

  • Etruscan files preliminary short form prospectus
    Etruscan Resources Inc., is a gold focused Canadian junior mining company, has filed a preliminary short form prospectus in conjunction with a marketed offering of units of the company. The company has plans to offer the unit through a syndicate of underwriters led by CIBC World Markets Inc. The proposed offering is being made pursuant to [...]

  • Target starts drilling on Bradshaw Gold project
    Target Exploration And Mining Corp., a growing exploration and development company with uranium projects in the US and gold/copper projects in Canada, has commenced drilling on the Bradshaw Gold Project in Canada. The project is located 10 kilometres (km) southeast of the former Nickel Plate-Headley Mascot Gold Mine, British Columbia’s third largest gold producer. The drilling [...]

  • TurboSonic announces CAD$4.25 million credit facility
    TurboSonic Technologies, Inc., a global leader in the design and supply of industrial air pollution control technologies, has established a CAD$4.25 million credit facility with a major Canadian chartered bank. Edward Spink, TurboSonic’s CEO, said although we have operated for years without debt, we have arranged this credit facility in anticipation of growth in foreign [...]

  • Q-Gold closes first tranche of financing
    Q-Gold Resources Ltd., a Canadian-based mineral exploration company, has closed the first tranche of its previously announced non-brokered private placement for gross proceeds of $126,500. The remainder of the total $600,000 Offering is expected to close by the end of the month. The corporation issued 831,250 “flowthrough” (FT) units at a price of $0.08 per unit. [...]

  • Latin American Minerals provides assay results
    Latin American Minerals Inc., a mineral exploration company focused on the acquisition and development minerals projects in the countries of Latin America, provides assay results from 43 samples of 18 tailings ponds on its Paso Yobai gold property in Paraguay. The tailing ponds are dry, coarse grained rejects from gravity plants and average 55m in [...]


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