William Mbaho is a reporter with www.BNWnews.ca,and is a former business reporter with which Canada's national daily newspaper, the Globe and Mail. He's also an ex-reporter for one of England's leading daily newspapers, the Independent, and has also been a business reporter for Canada's CBC Television. The principals of www.BNWnews.ca do not directly or indirectly own shares in any of the companies mentioned in this article
Extorre's current resource base on a gold equivalent basis, which includes the value of the silver, is 2.2 million ounces in two deposits. The company hopes to move that through 3 million ounces within the next year.
Heightened global demand for vanadium, especially from China, is prompting the global steel industry to aggressively seek out new supplies, especially in the US where this 21st century metal is becoming increasingly indispensible.