Gold tops US$1,000 per oz.
The week ended March 15, the eleventh trading week of 2008, was capped by a powerful rally in gold prices stemming from the political and market tumult rippling out from world’s financial centre in Lo…
Gold
NovaGold lines up US$95 million to recharge treasury
Vancouver – After recently pulling the plug on a planned $130-million private placement due to “pricing conditions”…
Redhawk finds deep breccia at Copper Creek (March 20, 2008)
Vancouver – Exploration drilling is returning long, strong intercepts for Redhawk Resources (RDK-V) as the company …
Luna Gold reports intercepts at Aurizona gold project in Brazil
New assay results from Luna Gold’s (LGC-V) Tatajuba satellite deposit in the Aurizona gold camp of northeastern Bra…
ValGold tallies 105,000 oz. gold for Los Patos
Although the initial resource estimate for ValGold Resources’ (VAL-V, VR2-R) Los Patos gold deposit in Venezuela is…
Kinbauri hits rich grades in Spain
Kinbauri Gold (KNB-V) received a healthy boost on the market after reporting more drill results from its El Valle i…
New Velardena vein for ECU (March 17, 2008)
Vancouver – A new vein discovery at the Velardena property in Durango State, Mexico, gave ECU Silver (ECU-T) a mark…
SEC cracks down on hijacking (March 17, 2008)
Paramount Gold and Silver (PZG-T, PZG-X) is one of 26 companies that have been temporarily suspended by the United …
International Minerals boosts reserves 187% at Pallancata in Peru
The Pallancata silver-gold mine in southern Peru has 187% more proven and probable reserves than initially thought,…
Peak Gold earns $14.6 million in first year
After buying two operating mines in April last year, Peak Gold (PIK-V) raked in net earnings of US$14.6 million…
Committee Bay to sell Aussie holdings
VANCOUVER — Committee Bay Resources (CBR-V, CBYRF-O) has inked a deal to sell its 50% interest in the Redemption joint venture to Australian-listed partner Focus Minerals (FML-A).
Orezone defines resources in Burkina Faso
VANCOUVER–With four advanced-stage gold projects on the go in Burkina Faso, news keeps on coming from Orezone Resources (OZN-T, OZN-X), including a recently updated resource estimate for its Bondi pr…