Shhh, it’s North Korea on the line (May 28, 2007)
SEOUL, SOUTH KOREA – Its not every day that Chairman Kim Jong Il invites you to North Korea.Oriental Minerals…
News
First Majestic blocking out new ore on San Martin
A new reserve estimate shows a turnaround at the San Martin silver mine in northern Jalisco state, Mexico, under ne…
Lending Rates (May 28, 2007)
as of 9 a.m. ET, May 21, 2007(%)
Eastplats Plots Bigger, Better Smelter for Crocodile River
Vancouver — As part of a refurbishment plan, Eastern Platinum (ELR-T, ELR-L) is looking to upgrade platinum group metal (PGM) smelting capacity at its subsidiary’s Crocodile River mining complex in S…
Kazakhmys Set to Take Out Eurasia Gold
In a transaction worth about $288 million, London-listed Kazakhmys (KAZ-L, KZMYF-O) has offered to take over Eurasia Gold (EGX-T, EGXDF-O).
Synenco Makes Market Gains
News that capital costs are spiralling upwards at its Northern Lights project in the Alberta oilsands indirectly made Synenco Energy (SYN-T, SYEYF-O) one of the region’s largest market gainers in rece…
CIC Energy Eyes South African Power Demand
SITE VISIT Gaborone, Botswana — Although nowhere near as glamorous as Botswana’s main mineral commodity, diamonds, the country’s significant coal deposits are capturing the attention of those looking to capitalize…
Oilsands See Technology as Saviour From Environmental Dilemma
Swollen government coffers and generous earnings for investors and workers alike make any talk of slowing down development at Alberta’s oilsands seem absurd.
Golden Chalice Rises 543% on Nickel Hole
Vancouver — Coming out of nowhere, Golden Chalice Resources (GCR-V, GCRIF-O) rocketed up the stock charts recently, gaining 543% on a wide nickel intercept from its Langmuir project, just south of Ti…
No Market Reward for U3O8 Drill Results
Although the price of U3O8 has maintained its steady ascent, U3O8 (UWE-V, UTREF-O) — the company — watched its share price plummet 25% in one day recently, on the news that it intersected uranium in…
Upkeep Brings Suncor Output Down
A drop in production at its Fort McMurray, Alta., oilsands operation has prompted Suncor Energy (SU-T, SU-N) to lower its 2007 production forecast to 255,000-265,000 barrels per day (bpd) from a maxim…
Syncrude Earns $713 Million in Q1
Syncrude Canada’s newest coker may have gotten off to a rocky start, but overall, the expansion of its Fort McMurray, Alta.-area oilsands project has resulted in a huge first-quarter gain in earnings …