Extorre hits new high-grade zone at Cerro Morro
Vancouver – A new high-grade discovery at Extorre Gold Mines’ (XG-T, XG-X) Cerro Morro project in southern Argentina has propelled its share price to an all-time high.
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Rumors propel Banro shares
Banro (BAA-T, BAA-X) says it was nothing more than a rumor but whatever its merit an unspecified document sent the company’s shares surging over a three-day period. While the company would offer no direct information as to the nature of the…
Wildcat finds more silver in Arizona (April 19, 2011)
Highlights from step-out and infill drilling at Wildcat Silver’s (WS-V) Hermosa project in Arizona include 26 metres of 346.52 grams silver per tonne, 12.24% manganese, 3.16% zinc, 4.22% lead and 0.30% copper in hole HDS-117, the company…
Capstone bids $725 million for Far West, partners with KORES
Vancouver – Capstone Mining (CS-T) has made a $725 million bid for Far West Mining (FWM-T) for its Chilean copper project while bringing on Korean partner KORES to front the cash.
Semafo says it’s business as usual in Burkina Faso as military revolts
Montreal-based Semafo (SMF-T) says operations at its flagship Mana gold mine in Burkina Faso have not suffered any disruptions as a result of recent military unrest across the country. Over the past few days, packs of soldiers in several small…
TSX down for April 11-15 period
Markets continued in their unsettled behavior as the TSX Composite Index fell a significant 565 points to 13,622.66 for the Apr. 11-15 period.
Venture sees straight losses in April 11-15 period
Vancouver – The April 11 to 15 period was a rough one for the S&P TSX Venture Exchange as the board’s straight gains the period before were wiped out by straight loses, with the Venture dropping 97.88 points to end at 2,290.91 points….
U.S. markets fall, Apr. 11-15
U.S. markets took a turn for the worse during the Apr. 11-15 trading week, with the Dow Jones Industrial Average falling 38.22 points or 0.31% to 12,341.83 and the S&P 500 index slipping 8.49 points or 0.64% to 1,319.68. China’s…
Cap-Ex focuses on Labrador iron
With several recent high-profile iron ore acquisitions in Eastern Canada, Cap-Ex Ventures (CEV-V) has picked an opportune time to re-launch as a Labrador Trough-focused exploration company.
Resource Capital rides commodities bull market
You could say Ross Bhappu has the cactus ferruginous pygmy owl to thank for Resource Capital Fund’s foray into rare earths and its wildly successful investment in Molycorp (MCP-N).
Murenbeeld debunks gold myths (April 18, 2011)
One of the gold community’s most trusted economist, Martin Murenbeeld, made a stop in Toronto on April 4 to dispel what he says, are some of the looming myths around gold prices.
Molycorp acquires REE processor in Estonia
Molycorp (MCP-N) has bought one of only two rare-earth processing facilities in Europe.