Redhawk hits near-surface
Redhawk Resources (RDK-V, RHWKF-O) has intersected some solid copper grades at its Copper Creek project, near San Manuel, Ariz., that it believes will add important near-surface resources to its next …
News
More consolidation likely in oilsands
News reports that India’s biggest oil producer, Oil & Natural Gas Corp. (ONGC) is negotiating to buy a 100% interest in an unidentified mid-sized Canadian oilsands company has unleashed a flood of…
Kinbauri drilling hints at Black Skarn extension
The latest assays from Kinbauri Gold’s (KNB-V) infill drill program at the El Valle mine in Spain show high-grade mineralization that could extend the Black Skarn North zone, possibly linking it up wi…
EnCana narrows its focus with oilsands spinout
For EnCana (ECA-T, ECA-N), being big had its disadvantages.
Hello US$130 oil
The macroeconomic effects of higher oil prices made headlines around the world during the week ended May 24, the 21st trading week of 2008.
Recovering stranded bitumen
There is a way to access stranded bitumen resources while at the same time improving reclamation performance — that’s what mining engineer Howard Keele would like to prove with a conceptual technolog…
Titan finds Japanese partner for Athabasca uranium project
Titan Uranium (TUE-V, TUEFF-O) will receive $9 million in exploration funding over the next three years from Japan Oil, Gas and Metals National Corp. (JOGMEC), in return for a 50% interest in the Virg…
Mega projects facing mounting costs
Developing Canada’s oilsands is far more complex and expensive than conventional oil and gas production. Multibillion-dollar upgraders are needed to convert the raw bitumen, a heavy, viscous material,…
Japan Canada Oil Sands to quadruple production at Hangingstone
For a decade now, bitumen production at Japan Canada Oil Sands’ (JACOS) Hangingstone demonstration plant south of Fort McMurray, Alta., has been caught between experimental mode and commercial product…
LME WAREHOUSE LEVELS (June 02, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 27, 2008 (change from May 20 in brackets):
Discoveries add lustre to Manitoba’s gold camps
VANCOUVER–Manitoba’s historic gold districts are getting a new lease on life from junior companies aspiring to become mid-tier producers. San Gold (SGR-V, SGRCF-O) has revived the Rice Lake belt, whe…
Strait Gold expands grassroots exploration in Peru (June 02, 2008)
Hoping to one day fill a void left by major companies, Peru-focused Strait Gold (SRD-V, SAIDF-O) has grown from one to four early-stage projects since going public in fall 2006.