Blades of steel: a mining tradition
Congratulations to the PDAC Caracle Cup for carrying on a long standing tradition of “miners” playing hockey during the Prospectors and Developers Association of Canada convention held annually in Tor…
News
Murgor boasts strong grades at Hudvam
Strong gold grades drove Murgor Resources (MGR-V, MGRRF-O) shares 48% higher on April 22 after the company released results from its Hudvam copper-gold-zinc-silver deposit in Flin Flon, Man.
GBS Gold sees potential at Union Reefs deposits (May 12, 2008)
Recent drill results from GBS Gold International’s (GBS-T, GBSFF-O) Brocks Creek and Fountain Head mines, in Australia, bode well for the company’s Union Reefs operations — fed by ore trucked from se…
M&A: ‘The only certainty in an uncertain market’
When escalating costs and a much-delayed construction schedule forced NovaGold Resources (NG-T, NG-X) and Teck Cominco (TCK. B-T, TCK-N) to pull the plug on building a mine at their Galore Creek coppe…
WSJ ad calls on U. S. to cut off aid to Mongolia
The Center for Individual Freedom has published a full-page ad in The Wall Street Journal demanding that U. S. President George Bush and Secretary of State Condoleeza Rice tell Mongolia that it has to…
Banro reports strong intersects at Namoya gold project (May 12, 2008)
Highlights from pre-feasibility drilling at Banro’s (BAA-T, BAA-X) Namoya project in the Democratic Republic of the Congo include 18.6 metres grading 20.15 grams gold per tonne and 7.3 metres grading …
DAILY METAL PRICES (May 12, 2008)
Date May 5 May 2 May 1 April 30 April 29 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy Holiday 2610/2640 2645/2680 2695/2725 …
High costs leach revenues at Endeavour Silver (May 12, 2008)
Endeavour Silver (EDR-T, EXK-X) posted record production and revenue last year, but escalating cash costs and a US$1.3-million write down from soured investments in asset-backed commercial paper, ate …
NORTH AMERICAN STOCK EXCHANGE INDICES (May 12, 2008)
52-week Date May 5 May 2 May 1 April 30 April 29 High Low S&P/TSX-Ven Comp 2493.76 2495.51 2463.91 2455.06 2432.89 3372.00 2340.21 TSX Composite 14274.34 14280.28 14065.81 13…
TSX VENTURE SHORT POSITIONS (May 12, 2008)
Short positions outstanding at Apr. 30/08 (with changes from Apr. 15/08). Largest Short Positions Peak Gold PIK 4256400 -1430500 Copper Creek CPV 2405000 2405000 Westernzagros W…
TSX SHORT POSITIONS (May 12, 2008)
Short positions outstanding at Apr. 30/08 (with changes from Apr. 15/08). Largest Short Positions Yamana Gold YRI 29175691 3056885 Equinox Min EQN 25908975 7579497 Lundin Mining LU…
Crowflight prepares to take off at Bucko Lake (May 12, 2008)
If everything goes according to plan, Crowflight Minerals (CML-V, CMLGF-O) could begin production at its Bucko Lake nickel project, in Manitoba, toward the end of the summer, says Greg Collins, vice-p…