Manitou jumps on ultra high grade gold intercept
Vancouver – Shares of Manitou Gold (MTU-V) were on a tear after the company released a drill hole with staggering grades from its Kenwest property in northwestern Ontario.
News
Candente working to both advance and sell Canariaco Norte
Vancouver – Having sharply cut back operations during the downturn, Candente Copper (DNT-T) is coming back to life with a completed prefeasibility study, an updated resource and a new financing.
Euromax reports 2.1 million oz. gold resource in Bulgaria
Earlier this month Euromax Resources (EOX-V) released its first National Instrument 43-101 resource estimate on the Logo gold prospect at its 100%-owned Trun project in Bulgaria.
Venture stumbles in Feb. 22-25 week
Vancouver – A shortened week filled with fluctuating oil prices and mid-east unrest saw the S&P TSX Venture Exchange drop 48.06 points between Feb. 22 and 25 to close at 2,375.62 as two days of losses outweighed two days of gains.
Pebble PEA makes a big splash (February 28, 2011)
Vancouver – February was a busy month for Northern Dynasty Minerals (NDM-T, NAK-X) and Anglo American (AAL-L) at their gigantic Pebble copper-gold-molybdenum project in southwest Alaska, said by many to be one of the largest undeveloped…
Equinox makes surprise bid for Lundin (February 28, 2011)
A hostile bid by Equinox Minerals (EQN-T, EQN-A) for Lundin Mining worth about $4.8 billion in cash and shares could derail a friendly merger proposed between Lundin and Inmet Mining (IMN-T, IEMF-O) that is scheduled for a shareholder vote on…
US stocks shaken in Feb. 21-25 trading week
U.S. equities posted their worst performance since November on worries related to the Libyan uprising. Spreading unrest across North Africa and the Middle East drove oil to 2-1/2 year highs and prompted accelerated safe-haven buying. When…
TSX down with all the rest, Feb. 21-25
The Toronto Stock Exchange was closed for the Family Day holiday on Monday Feb. 21. When trading resumed, the TSX composite index dropped 70.98 points or 0.50% to finish the abbreviated trading week at 14,052.13, while the S&P/TSX Capped…
Spotlight on vanadium
Lithium has grabbed much of the headlines over the last few years when the subject of key metals of the future comes up. But more and more investors are paying attention to vanadium for the metal’s unique attribute of fitting in with two future…
Entre Gold is ‘sitting pretty’
Entrée Gold (etg-t, egi-x) is “strongly undervalued” given the potential that exists for it to sell its Mongolian assets to Ivanhoe Mines (ivn-t, ivn-n) or Rio Tinto (rio-n, rio-l), Christopher Ecclestone of Hallgarten & Co. argues…
South African miners fall behind
Cape Town, South Africa – The mood at the 2011 Mining Indaba conference in South Africa was markedly upbeat as the industry experiences booming growth, but the host nation was left wondering how it had missed out.
RBC Capital initiates coverage of Trelawney
Analysts Stephen Walker and Richard Bishop of RBC Capital Markets estimate that when Trelawney Mining and Exploration (trr-v) releases its initial resource estimate in the first or second quarter of this year, the junior gold explorer will have…