Diamonds North proves up its name
While it’s still a ways off from its goal of finding Canada’s next big diamond mine, Diamonds North Resources (DDN-V, DDNFF-O) is moving closer — recently pulling up more than 500 diamonds from one k…
News
Callinan finds new mineralized zone
Before heavy snow could put a stop to drilling last year, Callinan Mines (CAA-V, CCNMF-O) discovered a new silver-zinc-lead system at its Coles Creek property near Houston, B.C.
Nevsun’s Bisha project gets green light in Eritrea
Nevsun Resources (NSU-T, NSU-X) is poised to become the first Western company to build a mine in Eritrea.
TSX Short Positions (January 21, 2008)
Short positions outstanding at Nov. 30/07 (with changes from Nov. 15/07).
Centerra inches toward Mongolian investment agreement
Centerra Gold (CG-T, CAGDF-O) has officially registered its Gatsuurt ore reserves with Mongolia’s National Registry of Mineral Reserves, a move the company says will bring it one step closer to negoti…
Barker raises funds for Frank Creek
Vancouver — Central B.C. explorer Barker Minerals (BML-V, BKMNF-O) is drumming up more money in its quest to prove up the potential of its Frank Creek polymetallic project, located 77 km northeast of…
Editorial: Subprime woes good for gold
The week ended Jan. 12, the second trading week of 2008, was rife with jitters in the global financial system owing to growing losses in the U.S. subprime mortgage market, where rising interest rates …
Suppliers News (January 21, 2008)
ABB gears up Climax
Geoinformatics’s share price soars on resource estimate (January 21, 2008)
A new resource estimate on the Whistler gold project in Alaska is a “milestone” for Canadian junior Geoinformatics Exploration (GXL-V, GXLIF-O), the company says.
Odds ‘n’ sods: Book recounts Wheaton River’s rise
ODDS ‘N’ SODS
People (January 21, 2008)
Augusta Resource — Rod Pace appointed VP of operations.
Oromin’s Sabodala gold project shows promise
Vancouver — Stepout and deep infill drilling at the Sabodala project in Senegal continue to return strong gold grades for Oromin Explorations (OLE-V, OLEPF-O).