Hello US$130 oil
The macroeconomic effects of higher oil prices made headlines around the world during the week ended May 24, the 21st trading week of 2008.
Gold
Discoveries add lustre to Manitoba’s gold camps
VANCOUVER–Manitoba’s historic gold districts are getting a new lease on life from junior companies aspiring to become mid-tier producers. San Gold (SGR-V, SGRCF-O) has revived the Rice Lake belt, whe…
Strait Gold expands grassroots exploration in Peru (June 02, 2008)
Hoping to one day fill a void left by major companies, Peru-focused Strait Gold (SRD-V, SAIDF-O) has grown from one to four early-stage projects since going public in fall 2006.
Kinross produces first gold at Kupol in Russia’s far north
Kinross Gold (K-T, KGC-N) has produced the first gold-silver dore from its low-cost Kupol mine north of the Arctic …
Eldorado bid for Frontier puts spotlight on Perama Hill gold project
VANCOUVER — The board of Frontier Pacific Mining (FRP-V) is recommending that shareholders reject an unsolicited t…
B2Gold off to a solid start at Quebradona
B2Gold’s (BTO-V) first set of drill results from its Quebradona joint venture property in Colombia have confirmed g…
First Metals moves on Magusi development
First Metals (FMA-T) has just received permission to develop an underground access ramp to extract a 50,000 tonne b…
Goldcorp agrees to loan for Mt. Milligan project
Majority shareholder Goldcorp (G-T, GG-N) has agreed to guarantee Terrane Metals (TRX-V) a credit facility of up t…
Avino plans bulk sample for Mexican mine
Louis Wolfin, the founder of Avino Silver & Gold Mines (ASM-V), was at a cocktail reception in Beverly Hills, chatt…
Great Panther cuts deep high-grade at Guanajuato
VANCOUVER –A few weeks before a ceremony to celebrate the reopening of the Guanajuato mine in central Mexico, Great Panther Resources (GPR-T, GPRLF-O) released another set of high-grade drill results…
Farallon hits new highgrade near decline
VANCOUVER — The sun is shining on Farallon Resources (FAN-T, FRLLF-O). The company is just a few months shy of production at Campo Morado, in Mexico, and now drills have hit a new high-grade zone clo…
La Mancha sees rise in production, costs
While gold production is on the rise for La Mancha Resources (LMA-T, LACHF-O), so, too, are its costs, and its recent first-quarter results were unable to generate positive momentum on the market.