Kensington Tailings on Hold
The U.S. Ninth Circuit Court of Appeals in San Francisco has issued a temporary injunction halting construction activities on the tailings dam portion of Coeur d’Alene Mines’ (CDM-T, CDE-N) Kensington…
News
TSX Venture Exchange – September 19-25
Despite a modest lift in metal prices, investors continued their sell-off of junior explorers over the Sept. 19-25 trading session, depressing the S&P-TSX Venture Composite Index by almost 6%. The…
Toronto Stock Exchange – September 19-25
A pullback in all the resource sectors hit the Toronto Stock Exchange during the reporting period Sept. 19-25, so that even with financials and real estate stocks on the upswing the TSX Composite Inde…
Patrician Diamonds’ Sahtu Drilling Disappoints
Vancouver — Drill results from Patrician Diamonds’ (PXC-V, PCGDF-O) Sahtu project, in the McKenzie River Valley region of the Northwest Territories, disheartened investors and prompted a sell-off in…
Kyrgyz Authorities Seize Jerooy
With the development licence for the Jerooy gold deposit in Kyrgyzstan still up in the air, Kyrgyz authorities descended on the property Sept. 7 and seized the buildings there….
Suppliers News (October 02, 2006)
CVRD shipping more iron to China…
Delay Dehcho Plan, Says PDAC
COMMENTARY…
Anatolia Recharges Treasury for Cpler
Vancouver — Anatolia Minerals Development (ANO-T, ALIAF-O) has lined up a $61.5-million financing to fund development of its pler gold project, located about 500 km east-southeast of Ankara in Turk…
New World Cuts Higher Grades at Lipea
Vancouver — The second and third holes by New World Resource (NW-V, NWFFF-O) at the Lipea project in southwestern Bolivia indicate a wide zone of higher-grade copper-gold mineralization….
NovaGold Thwarted in Attempt to Block Barrick Bid
Vancouver — NovaGold Resources (NG-T, NG-X) was dealt a blow recently, when the U.S. District Court of Alaska declined to grant a preliminary injunction that would temporarily suspend Barrick Gold’s…
Volta Power Cuts to Hit Gold Mines
Low water levels in the Volta River system have led the Ghanaian power generation agency, the Volta River Authority, to begin a program of load management that includes some power cuts to users, inclu…
Stornoway to Take Up Ashton, Contact Shares
Stornoway Diamond (SWY-T, SWYDF-O) has taken up the shares tendered under its bids for Ashton Mining of Canada (ACA-T, AMCFF-O) and Contact Diamond (CO-T, CONPF-O), but Ashton management still opposes…