2005


St. Jude boosts Hwini-Butre interest to 90%

Vancouver — St. Jude Resources (SJD-V) has served notice that it intends to exercise its call option on Crew Gold’s (CRU-T) 25% interest in the Hwini-Butre gold…


Mittal’s steely resolve

For typical iron ore producers, the past few years’ fragmentation of its customers — the steelmakers — has placed the miners in a better position to raise prices and fatten their bottom lines….



QGX shut out at Shuteen

A 9-hole drill campaign on the Shuteen copper-gold prospect in Mongolia has come up dry for QGX (QGX-T). In all, eight holes tested the Black Hills prospect, with a single hole coll…


Erdene orders valuation for Zuun Mod

Vancouver — Buoyed by results from recent drilling, Erdene Gold (ERD-V) has arranged an independent valuation for the Zuun Mod porphyry molybdenum-copper project in the south Gobi…


Crescent focused on Manitoba U3O8

Vancouver — Newly listed Crescent Resources (CRR-V) is gearing up to explore a gold project in Brazil’s Mato Grasso state and a uranium project in northwestern Manitoba….





Hedge book slides by 2.74M oz

A recent report by London-based Gold Fields Mineral Services (GFMS) says de-hedging gained momentum in the June quarter with 2.74 million ounces (85.1 tonnes) coming off the delta-adjusted hedge book,…


Oyu Tolgoi has Ivanhoe seeing red

Vancouver — Swelling exploration expenditures at the Oyu Tolgoi copper-gold project in southern Mongolia led to a US$31.1 million net loss, or 10 per share, for Ivanhoe Mines (IVN…


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