Australian Mineral Fields embraces technology
For Australian Mineral Fields (AMF), traditional exploration takes too long; that’s why the company is embracing new technology so it can find that big deposit sooner.
2007
Greenpeace eyeing Tournigan’s Slovakian project
Vancouver — Keeping local residents informed about its plans to develop a uranium mine in eastern Slovakia has become a priority for Tournigan Gold (TVC-V, TVCZF-O) now that the company says its acti…
Aurelian to list on TSX, updates Ecuador progress (March 05, 2007)
Vancouver — Aurelian Resources (ARU-V, AUREF-O) has received conditional approval to list its shares on the Toronto Stock Exchange, a milestone that the company hopes will provide it with greater acc…
Toronto Stock Exchange February 20-26
The TSX Composite Index just won’t settle for a record high — it keeps breaking them. After posting all-time highs for the previous period, the index finished the Feb. 20-26 trading period with a new…
High-grade uranium lifts Formation Capital (March 05, 2007)
Vancouver — Formation Capital (FCO-T, FCACF-O) got welcome news recently from project partner and operator Cameco (CCO-T, CCJ-N) from drilling on the Virgin River uranium joint venture in northern Sa…
Revett drills Troy
Seeking to increase the resource at its Troy copper-silver mine in northwestern Montana, Revett Minerals (RVM-T, RVMIF-O) has started a mine-site exploration program.
Birim Goldfields drills to expand gold zone on Cluster
Montreal-based Birim Goldfields (BGI-T, BRGFF-O) recently started a 9-hole follow-up drill program at the Chert Ridge prospect on its Cluster property in south-central Ghana, where two gold zones have…
TSX Venture Exchange February 20-26
The sustained gold price rally was well reflected by a strong S&P-TSX Venture Composite Index that gained 5% over the Feb. 20-26 trading session, closing up 151.71 points at 3,274.64. Average dail…
U.S. Markets February 20-26
Stock markets in the United States eased off during the period Feb. 20-26, with the Standard & Poor’s 500 Index down 6.17 points, or 0.4%, at 1,449.37, and the Dow Jones Industrial Average off 1%….
LME Warehouse Levels (March 05, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 26, 2006 (change from Feb. 19 in brackets):
Southwestern hits high grade at Boka 1 South
Vancouver — Southwestern Resources (SWG-T, SWGGF-O) says it is on track to deliver a prefeasibility study for its Boka gold project in southwestern China after releasing new drill results from the pr…
Strateco’s hits attract juniors to Otish
Success in drilling new mineralization at the Matoush uranium prospect in the Otish basin of Quebec has drawn a number of junior companies eager to try and find a lookalike in the Proterozoic sediment…