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Cabo Drilling lands Rio Grande Silver contract

Vancouver-headquartered Cabo Drilling’s (CBE-V, CBEEF-o)U. S. subsidiary, Advanced Drilling Inc., has been contracted by Rio Grande Silver to conduct at least 35,000 ft. of surface core drilling for t…



INTERNATIONAL QUOTES (September 29, 2008)

Australia (A$) Sept 23 Sept 16 Change Bendigo Mining 0.20 0.15 0.05 Kingsgate Cons. 5.54 4.50 1.04 Lion Selection Ltd 1.38 1.38 0.00 Newcrest Mining 26.84 21.45 5.39 …


U. S. MARKETS SEPT. 16-22

The Sept. 16-22 trading period proved to be one of the most tumultuous — and memorable — in recent history, as the federal government ratcheted up its direct involvement what may be the worst U. S. …


U. S. greatest percentage change

VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE Raven Gold* RVNG 542 0.09 0.02 0.08 +166.6 Banro Res* BAA 299 3.79 1.45 3.55 +139.8 Central Sun M* SMC 24 0.80 0.32 0.8…


Ursa in preproduction mode at Shakespeare

As nickel prices plunge below the US$8-per-lb. range and world stockpiles grow, Ursa Major Minerals (UMJ-T, UMJMF-o) is taking the safe route for the time being at its Shakespeare open-pit nickel proj…


PEOPLE (September 29, 2008)

Amazon GoldSands — Carlos Stocker appointed CFO; Kenneth Phillippe has resigned as CFO. Argentex Mining — Patrick Downey appointed a director. Bullion Monarch Mining– Larry Anderson appointed a dir…


One week's production from Rockwell Diamonds' Holpan project, 45 km from Kimberley, South Africa. The company has reduced its operating costs at the project to US$3.01 per tonne, from an average of US$3.20 per tonne.

Rockwell snubs Pala bid

Vancouver — South African alluvial producer Rockwell Diamonds (RDI-T, RDIAF-o) is fighting off a hostile takeover offer from its largest shareholder, a private equity firm based in the Channel Island…



TORONTO STOCK EXCHANGE SEPT. 16-22

It was a turbulent week for the TSX Composite Index as ripples from the U. S. government’s proposed US$700-billion financial bailout were felt in Toronto. The Sept 16-22 trading period saw the TSX flu…


Swedish magnetite draws Northland Resources

Vancouver–With its latest round of drilling in Sweden, Northland Resources (NAU-T, NRSRF-o) has confirmed good iron grades at Pellivuoma, 15 km west of its planned Tapuli iron ore mine.


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