Antares Minerals Inc. (TSX VENTURE:ANM) reported the completion of an updated independent National Instrument 43-101 compliant resource estimate for its Haquira Cu-Mo-Au project in southern Peru.
Thestreet.com reported on Four Copper Stocks Poised to Gain:
INV Metals (TSX:INV) reported the discovery of a new prospective copper zone in the Sesfontein area, along a 26 km strike length within the Kaoko copper property, located in northwest Namibia.
Nuinsco Resources Limited (TSX:NWI) reported that its 50%-owned Egyptian subsidiary, Z-Gold Resources Limited, has been advised that it has the winning bid on two gold concessions in Egypt’s 2009 International Bid Round administered by the Egyptian Mineral Resources Authority.
Eloro Resources Ltd. (TSX VENTURE:ELO) reported the appointment of Mr. Alexander S. Horvath, P. Eng. to the Board of Directors and as Technical Advisor to the President of Eloro.
Tiomin Resources Inc. (TSX:TIO) reported that the company has converted its 49% contributing equity interest in the Pukaqaqa copper-gold project in Peru into cash and, if Pukaqaqa enters production, receives additional cash payments and a Net Smelter Return royalty.
GlobeStar Mining Corporation (TSX:GMI) reported highlights of its operating results for the three months and twelve months ended December 31, 2009.
On Tuesday, copper futures extended Monday’s losses as data indicating weaker than anticipated US consumer confidence weighed on sentiment. On Monday night, copper futures closed down for the first time in five sessions as a firmer greenback halted the red metal’s rally.
International Millennium Mining Corp. (TSX VENTURE:IMI)(FRANKFURT:L9J) announced further to its announcements on February 11, and 12, 2010,that the Company has closed a $350,000 private placement.
Eurasian Minerals Inc. (TSX VENTURE:EMX) reported the signing of an Equity and Warrant Subscription Agreement for an approximately US$5 million investment by IFC, a member of the World Bank Group. Closing is expected to occur by the end of March.
Friday, February 26, 2010