Meridian says it’s better off alone
Meridian Gold (MNG-T, MDG-N) has rejected Yamana Golds (YRI-T, AUY-N, YAU-L) revised offer for the company on the …
2007
Indicator Minerals scours Arctic for diamonds
When Bruce Counts, president and CEO of Indicator Minerals (IME-V, IMEEF-O), studied geology in university, his professors glossed over diamond exploration.
More 40 Mile high-grade for Full Metal (August 20, 2007)
Vancouver — Full Metal Minerals (FMM-V, FLMTF-O) continues to hit high-grade massive sulphides at the LWM prospect on its 40 Mile project, in eastern Alaska, where it is seeing multiple zones of carb…
Casa Berardi hits Aurizon’s top line (August 20, 2007)
Revenues were up drastically at Aurizon Mines (ARZ-T, AZK-X)in the second quarter of 2007, thanks to the resumption of production at the Casa Berardi gold mine in northwestern Quebec.
Mill working better at Lac des les (August 20, 2007)
Improved mill availability and throughput at the Lac des les mine in north-central Ontario allowed North American Palladium (PDL-T, PAL-X) to produce 16% more palladium in the second quarter of 2007 …
Anglo-Knight JV intersects more nickel (August 20, 2007)
Anglo American (AAUK-Q, AAL-L), drilling at the West Raglan nickel property in the Nunavik district of northern Quebec, has intersected more nickel mineralization on the property joint ventured with K…
Toronto Stock Exchange August 7-13
The TSX Composite Index fell 137.79 points to 13,427.45 over the Aug. 7-13 trading period. And the Global Gold Index slipped 3.27 points to 275.35, while gold closed at US$668.75, down US$2.75.
Duluth Complex projects build up resources
The extensive drilling programs in the Duluth Complex of northeastern Minnesota are now paying off, with two of the major players in the camp outlining significant new resources on their properties.
Lending Rates (August 20, 2007)
as of 9 a.m. ET, August 14, 2007(%)
Sojitz makes Primary a takeover target
Vancouver — The board of tungsten producer Primary Metals (PMI-V, PMIZF-O) has thrown its support behind an all-cash takeover bid of $3.65 per share by Japanese multinational, Sojitz.
Russians released in Nigeria (August 20, 2007)
Six Russian nationals were released in mid-August after being abducted from a company compound in southeastern Nigeria more than two months ago.
Brett hits long gold at Hammond Reef (August 20, 2007)
Vancouver — Brett Resources (BBR-V, BBRRF-O) is pulling long gold intersections at its Hammond Reef project, in southwestern Ontario, 170 km west of Thunder Bay.