GobiMin gets into gold
Vancouver – A cash-rich GobiMin (GBM-V) – it has $88 million in the bank – is making a foray into gold exploration.
News
GFMS focuses on Ontario and Quebec in new report
DENVER, COLO., — If you think exploring for gold in Ontario and Quebec is a yawn, think again. GFMS has just …
Macarthur Minerals grows iron resource at Lake Giles
The Clark Hill North magnetite iron ore deposit — part of the larger Lake Giles project in Western Australia …
Peregrine rockets on latest diamond results
Peregrine Diamonds’ (PGD-T) stock surged 107.87% or 96¢ a share to close at $1.85 with 8.16 million share…
Editorial: BC’s NW power line a go as Feds chip in $130M
Colombia Braces For Renaissance In Gold Mining
MEDELLIN, COLOMBIA — One of South America’s historically richest gold-producing nations appears poised to regain a crown that was stolen by years of endemic corruption, crime and warfare.
Grupo Mexico Should Get Asarco Back, Judge Recommends
VANCOUVER — It’s time for a bankrupt American runaway to go back home to its Mexican parent company.
Murenbeeld, Walker Diverge On Gold Predictions
DENVER, COLO. — The average price of gold could top US$1,100 per oz. in 2010 as central banks and investors buy up the metal amidst a new world economy, says Martin Murenbeeld, president of DundeeWea…
Barrick Raising US $4B To Slash Hedge Book
As the price of gold surpassed the critical US$1,000 per oz. mark on Sept. 8, Barrick Gold (ABX-T, ABX-N) announced it would substantially trim its gold hedges — derivative instruments originally cre…
China Reaching For Canadian Resources
The financial crisis may have dried up capital for many mining companies in the West but not in China, where cash-rich companies are taking advantage of the credit crunch and going on shopping sprees.
Lions Gate To Go Global With Merger
VANCOUVER — Lions Gate Metals (LGM-V) is planning to buy Aus- NiCo, a private Australian nickel explorer.
Xstrata Ponders Merger Options
Xstrata (XSRAF-O, XTA-L) could be gearing up for another run at the world’s third-largest platinum producer, Lonmin (LMI-L).