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MetalsNews News
Alexis Re-Opens Aurbel Gold Mill
TORONTO, ONTARIO – (MetalsNews, March 1, 2010 – Alexis Minerals Corporation (AMC: TSX) ("Alexis" or the “Company") has taken another step in its growth strategy by completing the refurbishment of its wholly owned Aurbel Gold Mill, establishing a new active asset for the Company.
Breaking News
GlobeStar Reports Increased Cash Balances at December 31, 2009 and Provides 2010 Guidance - 58 Minutes
GlobeStar Mining Corporation today announced an increase in cash balances and a reduction in debt as at December 31, 2009 and provided production, operating and exploration guidance for 2010.
C2C Confirms Consolidation of its Share Capital and Change of its Name for Key Gold Holding Inc. - 1 Hour
C2C Gold Corporation Inc. announces that it will implement the consolidation of its share capital on the basis of 10 common shares for one common share.
Wescan Goldfields Inc. appoints Chief Financial Officer - 1 Hour
Kenneth E. MacNeill, Chairman and Chief Executive Officer of Wescan Goldfields Inc. is pleased to announce the appointment of Mr. Harvey Bay as Chief Financial Officer of the Company.
Canadian Finance Bulletin (CFB) reports $822m in proposed financings by Canadian Listed Companies and $922m closed for the week of Mar 01 to Mar 05 - 2 Hours
VANCOUVER--(BUSINESS WIRE)--Canadian Finance Bulletin (CFB) reports $822m in proposed financings by Canadian Listed Companies and $922m closed for the week of Mar 01 to Mar 05.
Update of Almaden's Exploration Activites and 2010 Corporate Objectives - 2 Hours
Almaden Minerals Ltd. wishes to provide shareholders details of its 2010 corporate and exploration plans and a brief review of its most important projects.
Ascot Resources Ltd. Acquires the Mt. Margaret Property - 2 Hours
Ascot Resources Ltd. is very pleased to announce the signing of an Option Agreement to purchase all of the interests of the Mt. Margaret property held by General Moly Inc. in the St. Helens Mining district of Skamania county in Washington state.
Taku Gold Amends Private Placement - 4 Hours
Taku Gold Corp.
Candorado Closes $100,000 Non-Brokered Private Placement and Proceeds With Work Programs - 5 Hours
Candorado Operating Company Ltd. is pleased to announce it has received TSX Venture Exchange final approval on February 16, 2010, for a non brokered private placement of 2,000,000 units at a price of $0.05 per unit for total proceeds of $100,000.
Orosur Mining Inc. Stock Options Granted - 5 Hours
MONTEVIDEO, Uruguay--(BUSINESS WIRE)--Orosur Mining Inc. ("OMI" or the "Company") (TSX-V:OMI) (LSE: OMI) announces that it has granted an aggregate of 150,000 stock options to purchase 150,000 common shares of the Company (“Common Shares) to managers of the Company...
Klondex Reports Progress on Permitting for Its Underground Program - 5 Hours
VANCOUVER--(BUSINESS WIRE)--Klondex posts $1.4 million reclamation bond; signs contract to perform archeological site work for its Fire Creek high-grade gold property in Nevada

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Recent News
General Metals Achieves + 90% Extraction of Gold in Large Diameter Column Tests on Independence Surface Oxide Mineralization - 12 Hours
Victoria Gold to Host Conference Call on Wednesday, March 10th, 2010 at 10:00 am EST - 21 Hours
Landore Resources Limited - Progress Report - Junior Lake-Lamaune Gold prospect - Miminiska Lake Gold project - 1 Day
Alto Group Updates Operational Plans and Market Conditions - 1 Day
TNR Provides Update on Los Azules Copper Project - 1 Day
Esperanza Silver Corp./Cerro Jumil: Calabazas Zone Continues to Grow - 1 Day
Encore Renaissance Comments on Cease Trade Order - 1 Day
Terrane Appoints New Chief Financial Officer - 1 Day
Romarco appoints Regional Exploration Geologist - 1 Day
Orocan Announces Qualifying Transaction - 1 Day
Trelawney Adopts Shareholder Rights Plan - 1 Day
NovaGold Announces Completion of US$100 Million Financing - 1 Day
VVC Exploration to Acquire Beauce-Bellechase Gold, Southern Quebec - 1 Day
ICN Resources Ltd.: Encouraging Phase I Results from Hog Ranch Project - 1 Day
Armistice Resources Corp. Announces Acceleration of Expiry Date of Warrants - 1 Day
First Gold Makes $800,000 Loan to Conway Resources - 1 Day
Conway Resources Enters Into an $800,000 Loan Agreement With First Gold Exploration so as to Acquire the Belleterre Mine - 1 Day
Freegold stakes additional ground at Rob gold project, Alaska - 1 Day
Pacific Bay Gains 100% of Regalo Uranium Property, Argentina; New Airborne Results Outline Multiple Priority Targets - 1 Day
Minco Gold Discovers a Significant Gold Zone on the Oujiaba Property - 1 Day
Featured Articles
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Exciting Times for Levon Resources: Gold, Silver, Lead, Molybdenum and Zinc!
by Dr Allen M. Alper and Bryan Martin


For more than 20 years Ron Tremblay had been exclusively involved in mining finance. So when he was approached three-and-a-half years ago by Vancouver-based junior Levon Resources Ltd to oversee operations, it didn’t take long for the now-president and CEO to make what has become a pivotal venture into mineral exploration.
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Gold, Molybdenum, Manganese and Magnesium - Larry Reaugh Shares his Expertise with Metals News
by Dr. Allen M. Alper


Back in late 2008, when doom and gloom were everywhere, Larry Reaugh was upbeat about the mining industry, predicting everything would start to pick up. He was proved right, with metal prices soon on the rise, so we went to seek out his latest views on the situation.
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American Bonanza Gold: Investors Look for Years to Find an Opportunity like This
by Allen M. Alper Jr and Aaron Hoos


Investing in the minerals industry sometimes feels no more accurate than gazing into a crystal ball. Investors long to find the right opportunity at the right time; for many, the ideal investment is getting in on an investment just before a major success.
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Source Exploration: Exploring and Redeveloping Historic Silver Mine in Mexico
by Allen M. Alper Jr and Bryan Martin


For a junior company seeking silver to enrich its portfolio, Mexico is not only an extremely practical choice given its bounteous history, but also, logistically speaking, a very advisable decision. Brian E. Robertson couldn’t agree more.
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Wits Gold: Possible New World Class Gold Resource
by Dr. Allen M. Alper


I interviewed Dr. Marc Watchorn in Vancouver at the Cambridge House Resource Conference. He has a great geological background and has an outstanding company. Having been a geologist for over 30 years, Dr Marc Watchorn has spent much of his career searching for gold and base metals throughout Africa.
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Capital Gold Corp: Junior is Growing Up
by Dr. Allen Alper and Aaron Hoos


The word "junior" in "junior mining company" tends to indicate that the business is so young it's still learning to walk. Maybe it's not profitable yet. Maybe it's still in the research stage. Maybe there is talk of pulling gold out of the ground but it just hasn't happened yet. Maybe the company is still bottle-fed and toothless.
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Antioquia Gold Inc an Overnight Success
by Dr. Allen M. Alper


Antioquia Gold Inc. has only been around for two and a half years, but the potential they have is very exciting.
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Tyhee Development Corp. at the Forefront of Gold Exploration
by Dr. Allen Alper


Dave Webb, president and CEO of Tyhee Development Corporation, explains why his company is worth its weight in gold.
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Eastmain Resources: New developments mean positive results for shareholders
by Dr. Allen Alper and Mindy Matter


The President and CEO of Eastmain Resources, expands on his company’s recent mining developments and why he’s excited for the future.
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The Future Looks Bright for NioGold Mining Corporation
by Dr. Allen Alper and Mindy Matter


NioGold Mining Corporation executives, Michael Iverson and Rock LeFrançois expand on why they are excited about their company’s upcoming mining projects.
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Medusa Mining: A Philippine-Based Gold Producing Success Story
by Dr. Allen M. Alper and Mindy Matter

We had a chance to talk with Geoffrey Davis and Roy Daniel of Medusa Mining Limited which is listed on the ASX and AIM markets. With a primary focus on gold mining in east Mindanao in the Philippines, Medusa has proven to be a low-cost fast growing gold producer.
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Exco Resources: On the Road to Becoming a Copper and Gold Producer
by Dr. Allen Alper and Mindy Matter


Considering the current worldwide economic climate, the metal industry is doing well — and Exco Resources Ltd is one of the companies at the forefront.
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Esperanza Silver Corporation: Emerging Gold and Silver Producer
by Dr. Allen M. Alper and Mindy Matter


A company that once started out looking for silver, Esperanza has some exciting gold projects on hand.
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VG Gold Corp: Has the Gold and the Financial Support to Go Forward
by Dr. Allen M. Alper and Mindy Matter


VG Gold Corp and Rob McEwen have interested the press with their recent investment deal, but when you take a moment to look at the history behind the transaction, it’s enough to enthuse any industry insider.
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Thinking of Investing? Cambridge House International May Be Able to Help
by Allen Alper Jr.


It’s hard to find a chance to learn from world-renowned experts and speak with companies that you think might make great investment opportunities, but the Toronto Resource Investment Conference offers that and more.
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Oroco Resources Moving Towards Production
by Dr. Allen M. Alper and Mindy Matter


We had a few moments to catch up with Adam Smith, the Business Development Director of Oroco Resource Corporation recently.
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Mansfield Minerals: Developing and Exploring Gold Properties in Argentina
by Dr. Allen M. Alper and Mindy Matter


It’s hardly a secret that Argentina is rich with minerals including gold and silver, but for years, mining and exploration companies had some trouble mining anything. Because of ongoing political unrest throughout the country and early mining laws that also prevented growth and development of the industry, many companies tried and failed to reach sustainability in the country.
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Bullion Monarch Mining: Exploring and Developing Gold, Silver and Oil Shale Properties
by Dr. Allen M. Alper and Bryan Martin


Metals News had the opportunity to talk to Don Morris Chairman and CEO of Bullion Monarch Mining Company at the Hard Assets Resource Investment Conference in NYC in May. Don knows the mining business.
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INTERNATIONAL INVESTMENT CONFERENCES AND TIM WOOD
by Dr Allen M. Alper and Graeme Lamb


Just recently we had an opportunity to sit down with Tim Wood, who is the former Vice President of International Investment Conferences and currently serving as a consultant for the group.
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Riches in the Mountains of Mexico-Tony Rovira of Azure Minerals
by Dr. Allen Alper and Jill Cueni-Cohen

At PDAC 2009 we had the opportunity to talk to Tony Rovira founder of Azure Minerals in the Sierra Madre Occidental Range in northwestern Mexico. He has a great reputation as one of the discoverers of the huge Cosmos nickel deposits for Jubilee Mines in Western Australia.
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Eagle Plains Resources Ltd. : Gold Production in June
by Dr. Allen Alper and Bryan Martin


By June of this year, western Canada-based junior mineral company Eagle Plains Resources Ltd. will make, for the first time in its 16-year history, that crucial leap from exploration to production with the recent signing of a joint venture agreement to produce in partnership with Prize Mining Corporation.
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Globex Mining Enterprises : a very large North American portfolio of advanced properties with gold, copper, zinc, silver, uranium, platinum, palladium, magnesium and talc potential
by Dr. Allen M. Alper and Bryan Martin


Jack Stoch has very rare abilities and geological and business background that has enabled Globex to have a very successful approach of discovering and acquiring a vast amount of diversified valuable properties and developing them for licensing or partnership.
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PREMIER GOLD MINES: Discovering and Developing Gold Deposits in the Superior Province of Canada
by Dr. Allen M. Alper and Graeme Lamb


Recently we had an opportunity to talk with Stephen McGibbon P.Geo., who is the Executive Vice-President and COO (Chief Operating Officer) of Premier Gold Mines Ltd.
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KIMBER RESOURCES: Exploring and Developing Gold and Silver Wealth in the Sierra Madre of Mexico
by Dr. Allen M. Alper and Graeme Lamb


We recently had an opportunity to catch up with Gordon Cummings, who, since November 2007, has been the President and CEO of Kimber Resources Inc., a Vancouver-based advanced gold-silver exploration company with an increasingly important profile.
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Sparton Resources: Environmental Remediation Profitable Green Energy Fuel
by Allen Alper JR. and Bryan Martin


Based in and working almost exclusively out of China aside from two North American gold projects with good potential, Sparton Resources is not your average exploration company, at least not in the traditional sense of the word exploration.
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Cambridge House 2009 World Resource Investment Conference
by Allen M Alper Jr and Graeme Lamb


Where is it possible to find most of the top performing Canadian companies in the precious metals, commodities and clean energy sectors, gathering together in a showcase of industry talent and growth, as well as being able to meet with shareholders present and future and to be matched with potential investors?
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Gryphon Gold : Developing gold properties in Nevada
by Allen M Alper Jr. and Bryan Martin

If mining gold is your business in the U.S., it’s a safe bet you’re prospecting in Nevada. In the western part of the state lies the Walker Lane gold belt, a broad stretch of land whose name is synonymous with incredible findings.
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Alexis Minerals Reaches Next Phase – Gold Production
by Dr. Allen Alper and Alison J. Conte

Since we last talked with David Rigg, president and CEO of Alexis Minerals at the end of 2007, his company has moved into the enviable position of actually producing gold from its Lac Herbin mine in Val d’Or, Quebec, Canada.
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NioGold Mining Corporation On The Golden Highway
by Dr. Allen M. Alper and Bryan Martin

At the recent Cambridge House Investment Conference in Calgary, MetalsNews.com had an opportunity to be updated on the progress that is being made by NioGold in developing their excellent gold properties.
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Dr. Allen Alper Interviews Christian Dupont, President, Explor Resources Inc.
by Dr Allen Alper


I had the opportunity to interview Chris Dupont, President of Explor Resources, at the PDAC. He has an excellent background in all aspects of mining engineering.
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Dr. Allen Alper Inteviews Mike Prinsloo, President and Chief Executive of Banro Corporation
by Dr. Allen Alper


Banro is a Canadian-based gold exploration company with four wholly-owned properties, each with mining licenses, along a major gold belt of the Democratic Republic of the Congo.
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From Uranium to Gold: Silver Spruce Resources
by Dr. Allen Alper and Jill Cueni-Cohen


Silver Spruce Resources Inc. is well known in the uranium mining industry as one of the largest land holders in the Central Mineral Belt (CMB) of Labrador, Canada.
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Interview with Representatives of the Mexican Government
by Allen Alper, Jr.


Including Alejandro Alarcon, General Director of Mine Promotion and the Minister of Economy; Maria Jimena Valverde Valdes, General Coordinator of Mining; Alberto Ortiz, General Manager for the Fideicomiso de Fomento Minero; Andres Fuentes, Press Manager of Mining for the Mexican Government
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Phil Vinet Talks About Red Lake Gold District at PDAC 2009
by Allen Alper Jr.


This is Al Alper Jr. with Metals News. I'm here with Phil Vinet, Mayor of Red Lake, Ontario, Canada. Could you give us a little background on Red Lake and its history, Phil?
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Energold Drilling Corporation : Leader of Man-Portable Drilling Rigs
by Dr. Allen M. Alper and Bryan Martin


Innovation stems from taking a unique approach to a challenge and exacting a solution that benefits all involved in the process.
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Dr. Allen M. Alper Interviews Chris Herald, President and CEO of Solitario Exploration at the 2009 Cambridge Vancouver Show
by Dr. Allen M. Alper


This is Al Alper talking with Christopher Herald, who's president and CEO of Solitario Exploration & Royalty Corp.
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Dr Allen Alper interviews Graeme O'Neil, President of Kent Exploration
by Dr. Allen Alper

Would you like to tell our readers about your background, Kent Exploration and your management team. We’d also be interested in knowing about your properties and what you feel the outlook is for the future.
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Western Troy Capital Resources Positioned in Moly, Copper, and Gold
by Dr. Allen Alper and Bryan Martin


Western Troy Capital Resources, a mineral exploration company based in Canada, keeps itself pretty busy these days with its advanced stage MacLeod Lake Copper/Molybdenum Project and most recently the company has staked a number of promising new properties in Quebec.
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Rob McEwen’s U.S. Gold Corp: Discovering Gold and Silver in Mexico and Nevada
by Dr. Allen M. Alper and Bryan Martin


US Gold is a United States-based company that makes its exciting business exploring for gold in Mexico and Nevada. Despite a tough market all around, US Gold can be said to hold an enviable position; especially in light of November and March press releases announcing their significant find which occurred at what is known as the El Gallo Project.
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Grenville Gold: Exploring, Developing and Processing High Grade Mineral Deposits In Peru
by Dr. Allen Alper and Bryan Martin


Grenville Gold Corporation is a budding mining junior operating out of Vancouver, British Columbia. Grenville has been focusing its ace resources on two historically proven projects located in the historically mineral-rich San Mateo Mining District near Lima, Peru.
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Dr. Allen Alper Interviews Darrell Brookstein of The Nanotech Company, LLC
by Dr. Allen Alper

We're talking to Darrell Brookstein with The Nanotech Company, LLC. So, why don’t you tell me a little bit about your background and your company and how you're proceeding?
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Mexivada: Gold-Silver, Uranium, Molybdenum and Diamonds in Nevada, Mexico and Africa
by Dr. Allen M. Alper and Bryan Martin


Since 2005, Mexivada Mining Corporation has built a genuine name for itself on the international precious minerals scene as a junior exploration and mining company.
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Moly Mines Ready for Market Upturn
by Dr. Allen Alper and Alison Conte


We interviewed Derek Fisher, managing director of Moly Mines Limited, (ASX and TSX listed), at the Cambridge Vancouver Investment Conference. We are extremely impressed with the knowledge and background of Dr. Fisher and his team. He told us how the firm is focusing its efforts on the Spinifex Ridge molybdenum project in the Pilbara region of Western Australia.
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Rimfire Minerals Corporation. Ushering in a New Era of Exploration and Opportunity
by Dr. Allen Alper and Jill Cueni-Cohen


We caught up with Jason Weber, President and CEO of Rimfire Minerals Corporation at this year’s Cambridge House Vancouver Investment Show. It’s been impressive to watch this company’s progress over the years, and Rimfire is one of the few companies well-positioned in today’s struggling economy.
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Great Western Minerals Mines and Markets Rare Elements
by Dr. Allen Alper and Alison J. Conte


Since we last spoke with Gary Billingsley, Executive Chairman of Great Western Minerals, in May 2008, his company has continued to expand on their mine-to-market business strategy with the acquisition of another production facility, an option to recommission a former rare earth mine in South Africa, and a new heavy rare earth property in New Brunswick.
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Interview with Paul Sorbara of Golden Goliath
by Dr. Allen M Alper


We're talking to Paul Sorbara, CEO of Golden Goliath.
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Building British Columbia's Next Gold Producer
by Dr. Allen M. Alper and Bryan Martin


Hawthorne Gold Corporation is a British Columbia-based junior mineral exploration and production outfit boasting major confidence in initiating mining on their 100%-owned property Table Mountain later this year.
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Thomas Patton, President & CEO Quaterra Resources Inc. Discovering New North American Mines – Copper, Uranium, Gold, Silver, Molybdenum
by Dr. Allen Alper and Jill Cueni-Cohen


When it comes to making significant mineral discoveries in North America, Quaterra Resources Inc. is on the cutting edge. We caught up with Quaterra’s President & CEO Dr. Thomas Patton to get the inside scoop on this exciting junior’s current projects and outlook.
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Brazauro Finds 2.1 Million Ounces of Gold. In South America
by Dr. Allen Alper and Alison J. Conte


Achievement in the precious metals industry often starts with that which is unseen.
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Kinbauri Gold Corporation: Becoming Western Europe’s Largest Gold Producer
by Dr. Allen Alper and Bryan Martin


Incorporated in 1984 and public just a year later, junior mining company and Ottawa-based Kinbauri Gold Corporation has been doing very well for itself thanks to some crucial acquisitions made just two years ago.
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Interview with Warren Bates, Vice President, Exploration for PDX Resources Inc. and Pelangio Exploration Inc.
by Dr. Allen Alper and Jill Cueni-Cohen


Dating all the way back to the 1930’s, Pelangio Mines Inc. was a pioneer in the mining and exploration industry. On September 6, 2008, the legacy of founder Maurice Hibbard was split into two companies: Pelangio Mines was renamed PDX Resources (“PDX”) and holds Pelangio Mines’ interest in Detour Gold Corporation (“Detour”), and Pelangio Exploration (“PX”) was incorporated to hold Pelangio Mines’ exploration assets.
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Eastmain Gains by Staying the Course and Seizing Opportunities
by Dr. Allen M. Alper and Alison Conte


We caught up with Donald J. Robinson, Ph.D., P.Geo., President of Eastmain Resources, to see what’s been happening in the last six months. It’s been a convergence of fine fortune, resulting from good decisions and seizing opportunities, both financially and in the gold fields.
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Terry Tucker, President and CEO of StrataGold Corporation
by Dr. Allen M. Alper and Jill Cueni-Cohen


We recently touched base with Terry Tucker, President and CEO of StrataGold Corporation, and his manager of Investor Communications, Vanessa Pickering, to talk about the happenings at this promising junior exploration company.
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John R. Morgan President, CEO & Director Infinito Gold
by Dr. Allen Alper and Jill Cueni-Cohen

A small river called the Infinito runs through North Central Costa Rica and has become the namesake of a gold exploration & development company based in Calgary, Canada, formerly known as Vannessa Ventures.
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