Harry Winston to source polished diamond fund
Harry Winston Diamond (HW-T, HWD-N) has reached an exclusive agreement to source diamonds for a polished diamond investment fund to be set up by Zurich-based Diamond Asset Advisors.
2011
Sabina to sell Hackett, turns to gold for growth
Nunavut-focused junior explorer Sabina Gold & Silver (SBB-T) is selling its 100%-owned Hackett River silver-zinc project, located near Bathurst Inlet in northern Nunavut, to Swiss mining powerhouse Xstrata (XTA-L).
Orezone Gold drilling boosts Bombore’s size, gold grades
Infill drilling at Bombore, the largest undeveloped gold project in Burkina Faso, has yielded positive results with grades about 65% higher than the resource model, Orezone Gold (ORE-T) reports.
Barclays still bullish on copper
Copper prices could move lower before they go higher, but Barclays Capital says it believes we have not yet seen the highs for this year.
Macquarie says the best is yet to come
The recent pullback in base metals is a “good entry point for investors,” analysts at Macquarie Capital Markets report in a May 17 research note to clients.
Chidliak flaunts four new kimberlites
During the ongoing 2011 diamond exploration program at the Chidliak project in Nunavut, joint-venture partners Peregrine Diamonds (PGD-T) and BHP Billiton (BHP-N, BLT-L) have already found another four new kimberlites: CH-52, CH-53, CH-54 and…
Santa Cruz gov’t approves Extorre’s EIA for Cerro Moro
The provincial government of Santa Cruz in southern Argentina has approved the environmental impact assessment of the proposed Cerro Moro gold-silver mine, Extorre Gold Mines (XG-T, XG-X) reports, and the results of a prefeasibility study are…
GMV adds second drill to untested Guyana prospect
Vancouver-based gold explorer GMV Minerals (GMV-V) has two drills now turning at its never-before-drilled claim blocks in northwest Guyana. The company started drilling in early May and added the second rig in mid-June.
Klondex Mines warns against hedge fund group
Klondex Mines (KDX-T) says a “dissident hedge fund-led group” holding 8.1% of the company is trying to take control and elect its own slate of directors.
Message from the Publisher
Dear Subscriber:
Commentary: ‘Old King Coal’ still reigns in the US
The following speech was recently given at the East Kentucky Leadership Conference during a panel discussion called, “Fate & Future of Coal and Alternative Energy Sources.”
Alamos defines new ‘stand-alone’ gold deposit in Turkey
Mid-tier gold miner Alamos Gold (AGI-T) has delineated a new gold zone near its Agi Dagi gold project in Turkey that it believes has the potential to develop into a “stand-alone” project, according to a news release dated June 16.