NEW 52-WEEK HIGHS AND LOWS —
MARCH 18-24, 2008
News
Farallon races to production
SITE VISIT GUERRERO STATE, MEXICO–If there were a competition for the shortest timeline to move a discovery into production, Farallon Resources (FAN-T, FRLLF-O) might just win. The junior company punched…
Overcoming the bandidos
SITE VISIT SANTA ANA, MEXICO — They came from behind the mountains, from a swath of uninhabited high-plain desert marked only by rough outcrop-pings and dark patches of palo verde….
Sherritt offers $704M for Royal Utilities
Royal Utilities Income Fund (RU. UN-T) shares surged 20% after Sherritt International (S-T, SHERF-O) announced plans to buy out Canada’s largest thermal coal producer for $704 million.
Geologix cuts strong grades at San Agustin
VANCOUVER — The polymetallic San Agustin deposit in Durango, Mexico, continues to demonstrate its growth potential for Geologix Explorations (GIX-V, GXEXF-O) in advance of a resource estimate due out…
Tahera puts itself on the block
Failing diamond miner Tahera Diamond( TAH-T, TAHEF-O), which has been under creditor protection since January, has put itself up for sale, hiring financial advisory firm Franklin Capital Partners to f…
PEOPLE (March 31, 2008)
CanAlaska Uranium — Victor Fern appointed a director.
New Velardena vein for ECU (March 31, 2008)
VANCOUVER — A new vein discovery at the Velardena property in Durango state, Mexico, gave ECU Silver Mining (ECU-T, ECUXF-O) a market boost recently.
Silvercorp hatches US$50M plan
Silvercorp Metals (SVM-T, SVMFF-O) has big expansion plans for its Ying silver-lead-zinc mining camp in Henan province, China, that would see the company mine 700,000 tonnes of ore per year by 2010.
FACTS ‘N’ FIGURES (March 31, 2008)
Exports of U. S.-made construction machinery last year topped US$17.2 billion worth of equipment sold worldwide, according to the Association of Equipment Manufacturers (AEM).
Following the money: Ringbolt Ventures makes potash play in Utah
With food and fertilizer prices at record highs, mineral exploration company Ringbolt Ventures (RBV-V) has spied an opportunity to make hay while the sun shines.
NovaGold lines up US$95M note offering
VANCOUVER — After recently pulling the plug on a planned $130- million private placement due to “pricing conditions,” NovaGold Resources (NG-T, NG-X) has now lined up a US$95-million convertible note…