Editor’s picks: top stories of week 17
The trading week ended April 27, the 17th of 2007, was punctuated by the Canadian government’s unveiling of a poten…
Gold
Stick a fork in Teddy Bear; it’s done
The board of one of Canada’s older junior mining companies, Teddy Bear Valley Mines, is recommending the company be…
Merger trend among juniors going strong
Vancouver – The industry trend of corporate mergers remains a common market theme with a growing number of junior r…
Valgold finding mineralization at Los Patos
Following up on results achieved by earlier operators, ValGold Resources (VAL-V) has intersected gold mineralizatio…
Oxus-KazakhGold deal done
Gold producer Oxus Resources (OXUSF-O, OXS-L) has a final deal with affiliate Marakand Minerals (MRKMF-O, MKD-L) th…
Pan African cuts gold in Madagascar
Drilling at the Mountain of Gold property in central Madagascar, Pan African Mining (PAF-V) has intersected gold in…
Newmont acquitted on Indonesian pollution charges (April 24, 2007)
Concluding a 21-month trial in an Indonesian court, Newmont Mining (NMC-T, NEM-N) and Richard Ness, the head execut…
Medoro goes for gold in Mali (April 24, 2007)
Medoro Resources (MRS-V, MRL-L) has signed an option agreement for nine gold properties in Mali with a Panama-based…
Goldcorp invests in Red Lake junior Cypress
Vancouver – Cypress Development (CYP-V, CYDVF-O) has lined up Goldcorp (G-T, GG-N) to take down a planned $2.6-mill…
Survey Says Gold Is Metal of Choice for Juniors
Vancouver — Despite soaring uranium and molybdenum prices, gold remains the junior explorer’s metal of choice, according to a PricewaterhouseCoopers review of trends in the sector.
Intercepts Buoy New Guinea Gold
Vancouver — Recent drilling by New Guinea Gold (NGG-V, NGUGF-O) at its Sinivit project in East New Britain province, Papua New Guinea, cut a number of shallow, high-grade gold intervals giving the as…
Thistle Creditors Hit Brakes
The controlling shareholders of Thistle Mining (THTLF-O, TMG-L), which are also the company’s major shareholders, have given notice to Thistle to pay up on debt due at the beginning of April.