Drilling is set to begin on diamond claims belonging to Storimin Exploration (ASE) in the Northwest Territories.Initial plans call for testing certain promising anomalies for the occurrence of kimberl…
Wednesday, August 16Week’sPrice (US)ChangeGold*$384.10-$0.40Silver*$5.36 $0.00Platinum*$420.70-$2.05Nickel**$4.09+$0.06Lead**$0.28$0.00Copper $1.39+$0.02Zinca$0.46 $0….
Continuing its winning ways, Magma Copper (NYSE) unveiled results for its second consecutive record-breaking quarter.The company earned US$54.4 million (or 86 cents per share) for the period, compared…
Gold Funds as of August 15BGRCentralNet Value$17.99$6.60Price$14.00$6.375Discount22.16%3.4%Value$140,616,000$115,383,038…
The mining company owned by the Ethiopian government is being approached to sell its Legadembi open-pit gold mine in Sidamo province.A recent bid was placed jointly by Rift Resources (VSE) and Echo Ba…
To accelerate development of the Corner Bay copper deposit, MSV Resources (ME) has offered to merge with Cache Explorations (ME) by exchanging one share of MSV for four of Cache.MSV says the merger wo…
Investor interest in the Voisey Bay discovery has been adding excitement to western markets for almost six months. It’s not surprising, then, that much of the initial enthusiasm is beginning to fade.N…
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Drilling by International Pursuit (TSE) continues to test the Hinoba-an copper project 600 km southeast of Manila, on the Philippine island of Negros.While initial progress has been slow, the principa…
Drilling by Echo Bay Mines (TSE) at the Paredones Amarillos gold project in Mexico continues to test the main resource area, where partner Baja Gold (TSE) has estimated reserves of 1.5 million contain…
Some two months after first taking a run at Eldorado (TSE), Glamis Gold (TSE) has allowed its takeover bid for the company to expire.Glamis, which was offering $1.50 in cash plus 0.47 of a common shar…
The Voisey Bay nickel-copper-cobalt discovery will be on the agenda of the fourth annual Cobalt Conference to held September 26-28, in Washington, D.C.Cobalt 95: Managing for Profits in an Era of Pote…
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