Eldorado moves on Frontier Pacific
Vancouver – Frontier Pacific (FRP-V) is fighting an unsolicited takeover offer from Eldorado Gold (ELD-T) in a batt…
News
First Quantum hopes to acquire Scandinavian Minerals
First Quantum Minerals (FM-T, FQM-L) plans to pick up Scandinavian Minerals (SGL-T) and its giant nickel deposit in…
Ivanhoe sells Jinshan stake
Ivanhoe Mines (IVN-T, IVN-n) is selling its controlling 42% stake in Jinshan Gold Mines (JIN-T, JINFF-o) to a Chinese gold-mining conglomerate, giving Jinshan powerful new owners with deep pockets and…
Teck Cominco to buy Global Copper
Vancouver — In a deal valued at $425 million, Teck Cominco (TCK. B-T, TCK-n) is buying out Global Copper (GLQ-T, GOCPF-o) to get its hands on the Relincho project — an Andean porphyry-style copper-m…
Perseverance pays for Equinox at Lumwana
SITE VISIT Solwezi, Zambia — At Equinox Minerals’ (EQN-T, EQMIF-o) Lumwana copper project in northwestern Zambia, it’s all about scale and perseverance. “This is an earth-moving operation, more than a…
Canadian Gold Hunter on the prowl in Mexico, BC
VANCOUVER–The Caballo Blanco gold project in Veracruz, Mexico, is returning promising results for Canadian Gold Hunter (CGH-V).
PEOPLE (April 21, 2008)
Gold Fields –Ian Cockerill has resigned as CEO; Nick Holland appointed CEO; Terence Goodlace appointed COO and a director; John Munro has resigned as VP of corporate development; Jimmy Dowsley appoin…
TORONTO STOCK EXCHANGE APRIL 8-14
While the TSX Composite Index fell slightly over the Apr. 8-14 trading period, stronger commodity prices had it moving in the right direction. The large number of resourcerelated companies listed on t…
TSX VENTURE EXCHANGE APRIL 8-14
The S&P-TSX Venture Composite Index posted a small gain in the second week of April, inching up 1.7 points over the April 8-14 trading session to close at 2,547.66.
LME WAREHOUSE LEVELS (April 21, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 15, 2008 (change from April 8 in brackets):
GFMS: Economic uncertainty will drive gold to record levels
The positive climate for gold investment will continue until late 2008 and quite likely into the first half of 2009, according to GFMS, the London-based precious metals research consultancy.
Japan teams with Aussie junior in Cambodia (April 21, 2008)
A Japanese government-run company has agreed to spend US$4.5 million over three years on two of Southern Gold’s (SUTHF-O, SAU-A) Cambodian exploration projects.