SouthernEra working the phones (May 15, 2007)
SouthernEra Diamonds (SDM-T, SRE-L) says it is in negotiations with possible white-knight bidders to thwart a bid f…
2007
Serengeti surges on more wide Kwanika intercepts
Vancouver – Another batch of wide mineralized intercepts from its Kwanika property in north-central B.C. launched S…
Centrasia up on word of Russian nickel acquisition
Centrasia Mining (CTM-V, CTMHF-O) made big market gains after announcing it has agreed to acquire three nickel-copp…
Market likes First Points nickel aspirations
Vancouver – With shares of First Point Minerals (FPX-V, FPOCF-O) rallying about 30%, investors seem to approve of p…
Southern Arc’s IR slip-up
A typo delayed an enthusiastic reaction to big news from Southern Arc Minerals (SA-V) West Lombok copper-gold prop…
Kazakhmys set to take out Eurasia Gold
In a transaction worth about $288 million, London-listed Kazakhmys (KAZ-L) has offered to take over Eurasia Gold (E…
Daily Metal Prices (May 14, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Metallica’s Cerro San Pedro Project Draws Fire as Production Nears
Monterrey, Mexico — As Mexico enjoys a resurgence in gold and silver mining, local and international miners have quietly celebrated the country’s stable and open mining sector, free from the environm…
Toronto Stock Exchange May 4-7
The takeover theme continued to dominate the market over the May 1-7 trading period, fuelling speculation that more Canadian companies will be targeted and driving the TSX Composite Index upwards. The…
TSX Venture Exchange May 4-7
Strong base and precious metals fuelled a bullish week for the S&P-TSX Venture Composite Index, which saw a gain of 103.87 points to close the May 1-7 trading session at a new high of 3,369.79. Av…
ValGold Finding Mineralization at Los Patos
Following up on results achieved by earlier operators, ValGold Resources (VAL-V, VALGF-O) has intersected gold mineralization in three holes at the Los Patos gold prospect in Bolivar state, Venezuela.
U.S. Markets May 4-7
The Dow Jones Industrial Average, the NASDAQ and the Standard & Poor’s 500 Index experienced similar gains over the trading period of May 1-7: the NASDAQ increased by 1.8%, or 45.86 points, to 2,5…