INTERNATIONAL QUOTES (October 13, 2008)
Australia (A$) Oct 6 Sept 30 Change Bendigo Mining 0.16 0.19 -0.03 Kingsgate Cons. 0.64 0.82 -0.18 Lion Selection Ltd 1.50 1.49 0.01 Newcrest Mining 24.25 27.63 -3.38 …
News
Pacific Comox makes progress at Mabel (October 13, 2008)
Pacific Comox Resources (PCM-V, PAOCF-o) has completed a 7,000- metre drill program at its Mabel gold-silver project in Sonora state, and some of the results have started to come in.
Silver Wheaton adds Alexco’s Bellekeno to stable
Alexco Resource (AXR-T, AXU-x) has inked a deal with Silver Wheaton (SLW-T, SLW-n) to sell silver from the Yukon.
Miners still waiting on DRC review
Investors and onlookers alike will have to hold their collective breath a little longer as completion of the mining contract review in the Democratic Republic of the Congo has been delayed.
Tinpo backs off Western Prospector bid
Tinpo Holdings gave Western Prospector Group (WNP-V, WEPGF-o) shareholders a sudden jolt recently, when it unexpectedly announced it was taking its $74- million offer for the company off the table.
Mexoro upbeat about past producing Cieneguita
If one adheres to the safety-in-numbers school of mining and exploration then Mexoro Minerals’ (MXOM-o) Cieneguita property, in Mexico’s Sierra Madre occidental belt in Chihuahua state, is a pretty sa…
Asian Mineral shelves Vietnamese nickel project
Market conditions, higher export tariffs and lack of capital are preventing Asian Mineral Resources (ASN-V, AIERF-o) from developing the first nickel mine in Vietnam.
Livengood gets bigger for Tower Hill (October 13, 2008)
Vancouver — The latest set of drill results from International Tower Hill Mines’ (ITH-V, THM-x) Livengood property, about 120 km northwest of Fairbanks, Alaska, has expanded the Core zone mineralized…
Copper ‘the real gold’
Describing many of the world’s current copper projects as “old ladies waiting in bed to die,” Robert Friedland, chief executive of Ivanhoe Mines (IVN-T, IVN-n), told analysts and investors at the Denv…
Iamgold says Euro bid timely
Gold miner Iamgold’s (IMG-T, IAG-n) chief executive, Joseph Conway, says the current economic environment makes the company’s all-cash bid for gold royalty company Euro Ressources (EUR-T, EUR-e) an at…
Commentary: Economic turmoil: a headhunter’s perspective
As an executive recruiter within the mining industry, I have experienced a very troubling phenomenon over the last four months or so: my phone has been ringing off the hook.
Nayarit rides drilling success at Orion
Vancouver — While most others go to slaughter in the market, Nayarit Gold (NYG-v) has bucked the trend and instead found rich pasture in its parallel Del Norte and Animas veins at its Orion gold-silv…