Earnings: Alhambra, Breakwater, Global Alumina, Medoro, New Gold, Tahera
Earnings Summary from CNW Group. All figures in thousands except per-share figures,…
News
Pele shares up 15% on uranium results
A high-grade uranium discovery beneath Pele Mountain Resources (GEM-V) Main conglomerate bed at its Elliot Lake pr…
Tournigan sees resource jump at Kuriskova (May 07, 2007)
Vancouver – Tournigan Gold (TVC-V, TVCZF-O) got a major market boost after tabling a new resource that almost tripl…
Black Pearl denied drill depths and loses market ground
Black Pearl Minerals (BLK-V) saw its shares tumble after announcing what results it had from two drill holes that w…
Alcoa bids for Alcan
A meaty hostile offer has been tabled; now let the politics begin. On May 7, U.S. aluminum giant Alcoa (AA-N) unvei…
Editor’s picks: top stories of week 18
The old saw “better late than never” came to mind during the week ended May 5, the 18th trading week of 2007.Op…
Merger Trend Among Juniors Continues
Vancouver — The industry trend of corporate mergers remains a common market theme, with a growing number of junior resource companies seeking synergy through combination.
Aquila Boosts Resource at Back Forty
The Back Forty massive sulphide deposit in Menominee Cty., in the Upper Peninsula of Michigan, has more than double the previously estimated resource, according to a newly filed calculation.
Nuestra Seora Drilling Showing Continuity
A concerted underground drilling campaign by Scorpio Mining (SPM-T, SMNPF-O) is showing likely expansion of the resource at the Nuestra Seora zinc-lead-silver deposit in northern Sinaloa state, Mexic…
Commentary: OMA weighs in on budget
The Ontario Mining Association recently presented its interpretation of the constructive — and less than constructive — aspects of the 2007 provincial budget to the Ontario Legislature’s Standing Co…
People (May 07, 2007)
Amex Exploration — Michel Lemay appointed director and COO.
OP-ED: De Beers’ Gowans to Head CIM
The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) thinks it’s found a gem as the organization’s next president.