Castillian Cuts Nickel at Mangabal
Early results from a drilling program by Castillian Resources (CT-V, CTIIF-O) on the Mangabal nickel project in western Goias state, Brazil, show a couple of near-surface mineralized intersections.
News
Rainy River Heats Up Northwest Ontario Gold District
The Rainy River gold district in northwestern Ontario is heating up as companies stake ground and begin drilling around the flagship property held by Vancouver-based Rainy River Resources (RR-V, RRFFF…
Northgate Extends Kemess South Mine Life by a Year
Vancouver — A robust metals market has led to a 1-year reprieve for Northgate Minerals’ (NGX-T, NXG-X) Kemess South gold-copper mine, in north-central British Columbia, previously scheduled to shut d…
Gold in Madagascar
Drilling at the Mountain of Gold property in central Madagascar, Pan African Mining (PAF-V, PAFRF-O) has intersected gold in an infill drill hole and along strike from previous intersections.
U.S. Silver Adds Ounces at Galena
U.S. Silver (USA-V) is boosting silver reserves and resources at its Galena mine complex, near Wallace, in Idaho’s famed Silver Valley.
Afplats Takeover OK’d
Impala Platinum Holdings (IMPUY-O, IPLA-L, IMPO-J) will accelerate the takeover of African Platinum (AFRPF-O, APP-L) following Afplats shareholders’ approval of the bid’s scheme of arrangement.
Resource Number for Pilanesberg Deposits
Platmin (PPN-T, PPN-L) has published new resource estimates for two deposits on its Pilanesberg platinum group element property, in the Bushveld intrusive complex of northern South Africa.
Metallica’s Cerro San Pedro Project Draws Fire as Production Nears
Monterrey, Mexico — As Mexico enjoys a resurgence in gold and silver mining, local and international miners have quietly celebrated the country’s stable and open mining sector, free from the environm…
ValGold Finding Mineralization at Los Patos
Following up on results achieved by earlier operators, ValGold Resources (VAL-V, VALGF-O) has intersected gold mineralization in three holes at the Los Patos gold prospect in Bolivar state, Venezuela.
Daily Metal Prices (May 14, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Oilsands see technology as saviour from environmental dilemma
The economic benefits of Albertas oilsands are undisputed. Swollen government coffers and generous earnings for in…
Lundin Mining Q1 profit up 150%, misses expectations
Vancouver – Admitting earnings were lower than expected, Lundin Mining (LUN-T, LMC-X) still turned in a net profit …