GREATEST VALUE TRADED, July 14-20
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News
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — Voisey’s Bay still a feather in Inco’s cap
Back in the days when Robert Friedland was conducting his arguably brilliant auction of the Voisey’s Bay project, the Asian tigers were roaring like lions. Inco’s (N-T) US$3.5-billion purchase of the …
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Weak gold pounds producers
The Dow Jones Industrial average slumped 178.89 points for the report period ended July 20, closing at 10,996.13.Falling gold prices continued to pummel producers as copper markets mulled the signific…
MOST ACTIVE ISSUES, July 14-20
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Starfield perseveres at Ferguson Lake
Starfield Resources (SRU-A) is proceeding with a second stage of exploration at its Ferguson Lake nickel-copper-cobalt-PGE property in the new Canadian territory of Nunavut.The summer stage of the pro…
DIAMOND PAGE — Canabrava busy in Brazil
With the ink barely dry on their option agreement, partners SouthernEra Resources (SUF-T) and Canabrava Diamond (CNB-V) have begun exploration at the latter’s 480,000-ha namesake diamond project in so…
Eldorado trims costs, ramps up production
In pursuit of its goal of producing 190,000 oz. gold by the end of the year, Eldorado Gold (ELD-T) cut cash costs and increased output during second quarter.In the second 3-month period of the year, t…
EuroZinc arranges financing, defines Feitais deposit
A recent $4.5-million financing will be used by EuroZinc Mining (EZM-V) to advance feasibility studies at the Aljustrel zinc project in Portugal, where a delineation drill program was recently complet…
Jeweler snags Aber stake
Upscale jeweler Tiffany & Co. (TIF-N) will invest $104 million in Aber Resources (ABZ-T) in return for a “substantial portion” of the company’s share of production from the Diavik diamond project in t…
Partners hit more sulphides
Drilling by partners Thundermin Resources (THR-T) and Queenston Mining (QMI-T) at the Duck Pond copper-zinc deposit in central Newfoundland could potentially boost known resources.Two of the four most…
Gold adds to Tambo Grande
Results from 41 diamond drill holes on the TG-1 deposit at Tambo Grande, in northern Peru, have confirmed extensions to sulphide and oxide portions of the deposit and revealed a significant gold conte…
Resource grows at Timmins project
The Hoyle Township project owned by Black Hawk Mining (BHK-T) east of Timmins, Ont., has a substantial gold resource and could be economic at improved gold prices, according to a recent report.The stu…