Uganda ready for the ‘Big Boys’
After watching mining companies flock to its neighbours Tanzania and the Democratic Republic of the Congo, the government of Uganda is finally doing something to promote the country’s mineral potentia…
News
La Quinta Wins in Congo Court
La Quinta Resources (LAQ-V) made big market gains recently after a court ruling in the Democratic Republic of the Congo (DRC) that the company says paves the way for it to begin exploring on disputed …
Campbell Emerges From Credit Protection, Seeks Turnaround
Campbell Resources (CCH-T, CBLRF-O) didn’t make much money or have much fun in 2006, but expects that to change this year following its refinancing.
Expensive Cigar to Be Lit Up in 2010
The Cigar Lake uranium project will go over $1 billion thanks to delays and changes to the project design, but remains economic, says operator Cameco (CCO-T, CCJ-N).
International Quotes (March 26, 2007)
Australia (A$) Mar 19 Mar 12 Change Bendigo Mining 0.31 0.28 0.03 Centamin Egypt 1.02 0.98 0.04 Croesus Mining 0.28 0.28 0.00 Emperor Mines 0.09 0.09 0.00 Kingsgate Cons. 4.65…
Bid-Ask — March 13-19, 2007
STOCK EXC BID ASK LAST HIGH LO Afrasia Minl F V 0.35 0.55 0.33 0.45 0.265 Aguila Am Res V 0.44 0.495 0.50 0.54 0.17 Anglo-Bomarc V 0.135 0.16 0.135…
Dynasty Gold gets Buffalo-ed
Vancouver — Under a friendly, all stock takeover bid, Buffalo Gold (BUF.U-V, BYBUF-O) plans to acquire Dynasty Gold (DYG-V, DGDCF-O).
Royal Gold Bids For BMGX
Royal Gold (RGL-T, RGLD-Q) has made a friendly takeover bid for small royalty and exploration company Battle Mountain Gold Exploration (BMGX-O).
Freeport, Phelps Deal Wins Vote
Freeport-McMoRan Copper & Gold (FCX-N) and Phelps Dodge (PD-N) have completed their merger after shareholders voted in favour of the proposed combination of the two companies.
Platmin Drill Holes Validating Resource
Detailed drilling on targets in the Bushveld igneous complex by Platmin (PPN-T, PPN-L) has confirmed earlier drilling that intersected high-grade platinum group mineralization at the M’Phatlele proper…
Editorial: Nickel Zooms to All-Time High
The trading week ended March 16, the eleventh of the year, was highlighted by record nickel prices, which have jumped six-fold in the past five years in response to nagging supply constraints and surg…
Facts ‘N’ Figures: Hordes Hoarding Gold
Investors added 43.5 million oz. gold to their collective holdings in 2006, down slightly from 46.7 million oz. in 2005, but still far above pre-2001 levels. Investors are projected to add another 39….