Bulging Middle
Special to the Northern Miner
News
Gold World Resources Digs Its Heels Into China
Much has been written about the problems foreign companies face when they invest in China through joint ventures with state-owned enterprises.
CIC Energy Lands Sumitomo as Mmamabula Partner
Vancouver — CIC Energy (ELC-T, CIEGF-O) and International Power (IPRPY-O, IPR-L) have inked a deal to bring Japanese multinational Sumitomo (ssumy-o) on as a third partner at its Mmamabula energy pro…
Mundoro Learns the True Meaning of Chinese Take-Away
Mundoro Mining (MUN-T, MMNGF-O) is sitting on what it claims to be China’s largest undeveloped gold deposit. But a mountain of red tape is snarling the Canadian company’s efforts to explore it.
U.S. Markets August 28-31
The U.S. markets were finally given some good news last week following the worst global credit and liquidity squeeze in a decade. Wall Street stocks surged on Friday, Aug. 31, after President George W…
LME Warehouse Levels (September 10, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sep. 3, 2007 (change from Aug. 27 in brackets):
Sunridge Rides Asmara Results
Drill results from the Asmara project in Eritrea gave Sunridge Gold (SGC-V, SGCNF-O) a rest from the recent drubbing commodity stocks have taken on the venture market.
DRC Plays Politics With Camec Licence
Only two days after launching an all-share bid to take over Katanga Mining (KAT-T, KATFF-O), Central African Mining & Exploration Co.’s (CEAMF-O, CFM-L) shares plummeted on news that one of its op…
Consolidated Bid Gets Complicated
A third bidder has emerged for Australian alloy-metals producer Consolidated Minerals (CSMBF-O, CNM-L, CSM-A), jumping a bid increase by friendly bidding group Pallinghurst Investor.
Mansfield, Antares Pumped on Rio Grande Potential
SITE VISIT Salta province, Argentina — Based on the sheer size of the mineralized system, joint-venture partners Mansfield Minerals (MDR-V, MFMNF-O) and Antares Minerals (ANM-V, ANMFF-O) are keen on the…
Tagish Says Skukum Creek Still on Track
SITE VISIT Whitehorse, Yukon — Tagish Lake Gold (TLG-V) has been working away in the Skukum mineral district for seven years, gradually outlining the resources at Skukum Creek and moving…
Cameco Takes $120M Loss on New Kumtor Agreement
The Kyrgyz government plans to nearly double its stake in Centerra Gold (CG-T, CAGDF-O), the operator of the Kumtor gold mine, to 29.3% after months of negotiations with the company and its 53%-owner …