Diagem thwarted in Brazilian Amazon (May 23, 2008)
Diagem (DGE-V) has stopped activities at its Chapadao project in Brazil. The company announced that it is complyi…
News
Great Western Minerals may develop phosphate as byproduct at Hoidas Lake
Hoping to cash in on spiking fertilizer prices, Great Western Minerals Group (GWM-V) is evaluating whether to devel…
EnCana narrows focus
For EnCana (ECA-T, ECA-N) being big had its disadvantages. The largest natural gas producer in North America anno…
Platinex, Natives, blame province for land disputes
Platinex (PTX-V) is suing the Government of Ontario for more than $70 million, claiming the government didn’t fulfi…
Oil sands projects face difficult, hyper-inflationary environment
Developing Canada’s oil sands is far more complex and expensive than conventional oil and gas production. Multi-bil…
More consolidation expected in oil sands
News reports that India’s biggest oil producer, Oil & Natural Gas Corp. is negotiating to buy a 100% interest in an…
Japan Canada Oil Sands to quadruple production
For a decade now, bitumen production at Japan Canada Oil Sands’ (JACOS) Hangingstone demonstration plant near Fort …
Pelangio ready to ramp up in Ghana
With its reputation already established via its stake in the Detour Lake gold project in northern Ontario, Pelangio…
Kinbauri drilling returns 19.6 grams gold over 26.7 metres
The latest assays from Kinbauri Gold’s (KNB-V) infill drill program at the El Valle mine in Spain show high-grade m…
More silver in Bolivia for South American Silver
More results from South American Silver’s (SAC-T) Malku Khota project in Bolivia helped strengthen the company’s sh…
Higher input costs will start to squeeze margins, Citigroup says
Despite rising costs, mining companies will still be able to deliver “sustainably higher” earnings before tax and d…
U. S. MARKETS MAY 6-12
U. S. stock indexes were mixed during the May 6-12 trading session. The Dow Jones Industrial Average fell 93 points, or 0.7%, to 12,876. The Standard and Poor’s 500 Index declined 4 points, or 0.2%, t…