Dividends (August 27, 2007)
Company Div.($) Pay Date Record Date Alcoa 0.17* Aug 25 Aug 3 Goldcorp 0.015* Aug 24 Aug 17 Noranda IF 0.085 Aug 27 July 31 Cleveland Cliffs 0.125* Sept 4…
News
Redcorp, New Gold rattled by credit market disruptions (August 27, 2007)
Vancouver — News from Redcorp Ventures (RDV-T, RDFVF-O) that a portion of its $240 million in cash investments was in trusts affected by the global credit market crunch sent the company’s stock plumm…
Barrick buys more of Porgera
Barrick Gold (ABX-T, ABX-N) has bought Emperor Mines'(EMPMY-O, EMP-A) 20% stake in the Porgera gold mine, in Papua New Guinea, for US$250 million, bringing Barrick’s interest to 95%.
Pediment jumps on gold results from Mexico (August 27, 2007)
Vancouver — A trio of strong drill results from the San Antonio gold project, in Mexico, bumped shares of Pediment Exploration (PEZ-V, PEZFF-O) up as much as 46% last month.
Roxmark pulls high-grade gold at Northern Empire (August 27, 2007)
Recent drilling at the Northern Empire property, northeast of Beardmore, Ont., has intersected high-grade gold mineralization.
Freewest to go deeper at Clarence Stream
Freewest Resources (FWR-V, FWERF-O) intersected visible gold in all recent drill holes at its Clarence Stream property 70 km southwest of Fredericton, N.B.
Disclosure
MINING EXPLAINED
New Guinea Gold pours dor at Sinivit
Vancouver — After a remedying a glitch in its recovery circuit, New Guinea Gold (NGG-V, NGUGF-O) has entered the producers club, pouring its first dor from the Sinivit mine in East New Britain provi…
Continental gets positive feasibility for Xietongmen (August 27, 2007)
Vancouver — Continental Minerals (KMK-V, KMKCF-O) now holds a positive feasibility study for its Xietongmen copper-gold deposit in the Tibet Autonomous Region of southwestern China.
Luiri Gold shows lustre in Zambia (August 27, 2007)
Just a little more than two months after completing a 4,200-metre drilling program at its Dunrobin and Matala gold deposits in Zambia, Luiri Gold (LGL-V) released new mineral resource estimates showin…
Getting in Early: Pebble Creek Mining
Pebble Creek Mining (PEB-V) of Vancouver is banking on becoming the first foreign company and the first private-sector company to start up a new precious and base metals mine in India in more than fif…
Highland sells loss-making Darasun mine
Highland Gold Mining (HGM-L) has sold its unprofitable Darasun mine in eastern Russia to a private mining company, Yuzhuralzoloto (Southern Urals Gold), for US$25 million.