San Gold lands $20M for exploration at Rice Lake
Vancouver — San Gold’s (SGR-V, SGRCF-o) coffers will get a healthy top-up with a $20-million bought-deal private placement.
News
Rye Patch shares rise on Nevada high-grade
Shares of Rye Patch Gold (RPM-V, RPMG-o)shot up 128% on news that the company hit high-grade gold mineralization in drilling at its Lincoln Hill project, in Nevada.
Gem Diamonds recovers 478-carat stone at Letseng
Vancouver — For the third time in as many years, Gem Diamonds (GEMD-l) has recovered a diamond from its Letseng mine, in Lesotho, big enough to take a place on the list of the 20 largest rough diamon…
Editorial: Suppliers booming, juniors hunker down
While continued anxiety over the U. S. banking crisis dominated the headlines around the world during the week ended Sept. 27, the 39th trading week of 2008, there were still plenty of new development…
Market jitters set off gold-buying frenzy
The phones have been ringing off the hook at Blanchard & Co., the biggest bullion dealer in the United States as investors buy up gold coins and bars like never before amidst the market meltdown.
LME WAREHOUSE LEVELS (October 06, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehousesat opening, Sept. 30, 2008 (change from Sept. 23 in brackets):
PEOPLE (October 06, 2008)
Alcoa — Kurt Waldo appointed a director; Jake Siewert appointed VP of business development and public strategy; William O’Rourke appointed VP of sustainability and environment, health and safety. Baf…
SPOT PRICES (October 06, 2008)
COURTESY OF SCOTIABANK
Khan says Mongolia still wants foreign funds
Khan Resources (KRI-T) says everything is fine for foreign investors in Mongolia. Market confidence in the, at …
Mexoro upbeat about Cieneguita
If one adheres to the safety-in-numbers school of mining and exploration then Mexoro Minerals’ (MXOM-O) Cienegu…
Silver Wheaton adds Alexco’s Bellekeno to its stable
Alexco Resource (AXR-T, AXU-X) has inked a deal with Silver Wheaton (SLW-T, SLW-N) to sell silver from its Belleken…
Candente drills long copper-gold intercept at Canariaco Sur
Vancouver – As Candente Resources (DNT-T) closes in on an expanded scoping study for its Canariaco Norte, copper-go…