Citi cuts commodity forecasts for 2009-10
Citi Investment Research has lowered some of its commodity price forecasts due to the U.S. financial crisis, slowin…
Gold
Iamgold in takeover bid for Euro Ressources
Gold miner Iamgold (IMG-T, IAG-N) has launched an all-cash bid to take over gold royalty company Euro Ressources (E…
Cashed-up Lake Shore speeds ahead at Timmins West (October 06, 2008)
With capital scarce and share prices in the dumps, many juniors are struggling to raise the money they need to advance their properties — no matter how promising they are.
Alexandria gives up Joanna gold project to Aurizon
As Alexandria Minerals (AZX-V, ALXDF-o) gears up for its next 10,000-metre drilling expedition, the company is cashing in on its Joannes Twp. claims by optioning the property to Aurizon Mines (ARZ-T, …
San Gold lands $20M for exploration at Rice Lake
Vancouver — San Gold’s (SGR-V, SGRCF-o) coffers will get a healthy top-up with a $20-million bought-deal private placement.
Royalty companies trumpet their low-cost model
Managing a royalty company these days is like running a MASH unit, Douglas Silver, chairman and chief executive of International Royalty Corp. (IRC-T, ROY-x) told analysts and investors at the recent …
SearchGold starts small with Gabon JV
SearchGold Resources (RSG-v) has received a mining permit for its 36%-owned Bakoudou-Magnima gold project in Gabon, a joint venture with Moroccan company Managem.
Rye Patch shares rise on Nevada high-grade
Shares of Rye Patch Gold (RPM-V, RPMG-o)shot up 128% on news that the company hit high-grade gold mineralization in drilling at its Lincoln Hill project, in Nevada.
Buy-side attendance drops at Denver Gold Forum
Attendance was up 10% at this year’s Denver Gold Forum due to a 19.4% surge in sponsor representation, but a 6.5% drop in buy-side participants was a clear sign that the volatile markets and fragile e…
Pacific Comox makes progress at Mabel (October 03, 2008)
Pacific Comox Resources (PCM-V) has completed a 7,000-metre drill program at its Mabel gold-silver project in Sonor…
US Gold intersects mineralization at Hercules
US Gold (UXG-T, UXG-X) has intersected 4.6 grams gold per tonne over 30 metres in hole 11 on its Hercules property,…
It’s a smelter’s market
Smelters in Mexico suddenly have the upper hand when making deals with small miners on concentrate shipments, says …