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Daily Mining News
Friday, May 09, 2008

Geo Minerals gets lift from old core [5/9/2008]
Re-sampling old drill results has proven profitable for Geo Minerals (GM-V). In Toronto on May 9 the Vancouver-bas... [Full Story]

Golden Goose raises Lac Levac resource [5/9/2008]
Golden Goose Resources (GGR-V) has released a new National Instrument 43-101 technical report with an updated resou... [Full Story]

UPDATE: Farallon hits new high grade directly in front of advancing decline [5/9/2008]
Vancouver - Farallon Resources (FAN-T) is just a few months shy of production at Campo Morado and now drills have h... [Full Story]

Cline moves toward coal production at New Elk [5/9/2008]
Now with a coal preparation plant, silos and mining equipment in the hands of Cline Mining (CMK-T), the company is ... [Full Story]

Final assay results are in for Noront's Eagle One [5/9/2008]
After laboratory delays and a series of quality control issues, final assays finally are in for seven holes drilled... [Full Story]

Mining industry trying to address skills shortage [5/9/2008]
"We are looking for a geologist to help with our exploration program, but we cannot find anyone." These words come ... [Full Story]

The commodity supercycle: myth or reality? Part 3 [5/9/2008]
Another proponent of the bullish case for commodities is Frank Holmes, chief investment officer of San Antonio, Tx.... [Full Story]

Gemcom taken out by private equity firms for $180 million [5/8/2008]
Vancouver - In a commodity supercycle it pays to remember that mining companies don't go it alone. Without support ... [Full Story]

Wealth Minerals reports progress in two uranium projects in Argentina [5/8/2008]
Wealth Minerals (WML-V) has reported drilling results from one project, and rock sampling results from another proj... [Full Story]

Iamgold to divest itself of La Arena [5/8/2008]
Iamgold (IMG-T, IAG-N) is following through on its plan to divest itself of one of its non-core assets, and the mar... [Full Story]

Mustang moves on to feasibility for Maskwa nickel project [5/8/2008]
A prefeasibility study for Mustang Minerals' (MUM) Maskwa open pit nickel project in Manitoba proposes building a 2... [Full Story]

The commodity supercycle: myth or reality? Part 2 [5/8/2008]
Another bullish view is expressed in a report entitled "Preparing for China's urban billion" published by McKinsey ... [Full Story]

Equinox poised to produce uranium by 2010 [5/7/2008]
Vancouver - A positive feasibility study has given Equinox Minerals (EQN-T, EQMIF-O) the confidence it needs to add... [Full Story]

Aurizon looks to lower Casa Berardi costs [5/7/2008]
Gold production was up during the first quarter of 2008 at Aurizon Mines' (ARZ-T, AZK-X) Casa Berardi underground m... [Full Story]

Paramount set to redo resource estimate with host of new results [5/7/2008]
Vancouver - Paramount Gold and Silver's (PZG-T) San Miguel project has produced an impressive set of drill results ... [Full Story]

The commodity supercycle: myth or reality? Part 1 [5/7/2008]
Since 2001, commodities have experienced a powerful bull market. No matter which commodity, they have all gone up i... [Full Story]

New junior goes after potash in Manitoba [5/6/2008]
A new potash explorer, Western Potash (WPX-V), officially listed on the TSX Venture Exchange today after completing... [Full Story]

UPDATE:Gold Reserve feels the sting of rejection [5/6/2008]
Gold Reserve (GRZ-T, GRZ-X) has lost its status as the company that could in Venezuela. The Spokane, Washington-b... [Full Story]

Reed Lake still showing promise for VMS Ventures [5/6/2008]
Vancouver - Though the initial excitement over VMS Ventures' (VMS-V) Reed Lake discovery in Manitoba has died down,... [Full Story]

From Los Alamos to the rock face [5/6/2008]
A new diamond technology developed at the Los Alamos National Laboratory in New Mexico has promising applications i... [Full Story]