Serengeti sees sell-off on latest intercepts
Vancouver — The final batch of assays from Serengeti Resources’ (SIR-V, SGRNF-O) spring 2007 drill campaign on its Kwanika project prompted a 35% drop in the company’s share price as investors sold o…
News
Cream rises on Manitoba nickel intercept (July 30, 2007)
Vancouver — Cream Minerals’ (CMA-V, CRMXF-O) first test hole on its Wine-Radar Lake property, in northern Manitoba, has delivered promising results, cutting 20.4 metres of 1.3% nickel and 2.27% coppe…
Mansfield’s Lindero project ‘made to be mined’
SITE VISIT Salta province, Argentina — Described by a Mansfield Minerals (MDR-V, MFMNF-O) geologist as “made to be mined,” the company could be onto something big with its Lindero porphyry…
Eldorado expansion drilling hits more gold
Vancouver — Eldorado Gold (ELD-T, EGO-X) has received strong initial results from a 26,000-metre drill program designed to probe the expansion potential of its newly opened Tanjianshan gold mine in C…
Producer and Dealer Prices (July 30, 2007)
Antimony : Mid-mkt US$5,370/t.
TSX Short Positions (July 30, 2007)
Short positions outstanding at July 15/07 (with changes from June 30/07).
More moly at Jersey-Emerald
Vancouver — Sultan Minerals’ (SUL-V, SLMLF-O) underground drill effort at its Jersey-Emerald project, located near Salmo in southeastern B.C., has returned further wide, high-grade molybdenum-mineral…
Gem Diamonds bids for Kimberley (July 30, 2007)
Up-and-comer Gem Diamonds (GEMD-L) of the U.K. has tabled a friendly A70-per-share cash offer for Perth-based Kimberley Diamond Co. (KDC-L, KIM-A), valuing the Aussie junior producer at A$300-million…
Editorial: No, Boka’s not another Busang
A little more than a decade after Bre-X Minerals’ Busang sample salting fiasco, the junior mining industry was hit with another serious case of alleged assay manipulation with news that Southwestern R…
Editorial: NovaGold suit dismissed
Apart from Southwestern Resources’ Boka troubles, which we deal with separately opposite to this, the week ended July 21, the 29th week of 2007, saw a court decision that was sensible, an environmenta…
Suppliers News (July 30, 2007)
Caterpillars to invade Venezuela
People (July 30, 2007)
Adanac Moly — Investor relations representative Michael Alexander passed away.