Suppliers News (July 23, 2007)
Caterpillar profits skyrocket
News
People (July 23, 2007)
Manicouagan Mnrls — Erik Martin appointed CFO and corporate secretary; Arthur Hampson resigned as CFO but will remain a consultant during the transition period; A. James McCann appointed consulting d…
Northern Abitibi picking up properties in Newfoundland (July 23, 2007)
Vancouver — Northern Abitibi Mining (NAI-V, NOMNF-O) is shoring up its Newfoundland minerals portfolio with a deal to earn into Altius Minerals’ (ALS-T, ATUSF-O) Viking gold property.
San Gold finding deep gold at Rice Lake (July 23, 2007)
Vancouver — San Gold (SGR-V, SGRCF-O) is looking deep, drilling below the 5,300-ft. level of the Rice Lake gold mine in Manitoba, and finding that significant mineralization continues at depth.
Osisko adds resources at Malartic (July 23, 2007)
An updated resource calculation for the Canadian Malartic gold deposit south of Malartic, Que., has increased the inferred resource there by about 30%.
Great Canadian Mining Takeovers
(over $500M)
Peru projects showing strength for Bear Creek (July 23, 2007)
Vancouver — Peru continues to prove bountiful for Bear Creek Mining (BCM-V, BCEKF-O). The company recently announced new drill results from both of its Peruvian projects — the Corani silver-base met…
First Majestic nails down resources at Mexican projects (July 23, 2007)
First Majestic Silver (FR-V, FRMSF-O) has received resource estimates for two of its operating mines in Mexico — La Encantada in Coahuila state and La Parrilla in Durango.
Coeur finishes Bolnisi-Palmarejo investigation (July 23, 2007)
The merger of Coeur d’Alene Mines (CDM-T, CDE-N), Bolnisi Gold (BXLGF-O, BSG-A) and Palmarejo Silver and Gold (PJO-V, PJOFF-O) is scheduled to go ahead in the last quarter of the year now that Coeur h…
Gryphon boosts Nevada footprint
Vancouver — In a move that will position it as a major player in Nevada gold exploration, Gryphon Gold (GGN-T, GYPH-O) has inked an agreement to acquire private company Nevada Eagle Resources, which …
Mount Hope high-grade confirmed (July 23, 2007)
Five diamond-drill holes to test the continuity of the high-grade core of the Mt. Hope molybdenum deposit in Eureka Cty., Nev., have confirmed grades modelled in earlier resource estimates and feasibi…
LME Warehouse Levels (July 23, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 16, 2007 (change from July 9 in brackets):