Canada’s Endeavour Mining (EDV-T) and Australia’s Adamus Resources (ADU-V, ADU-A) are planning to merge and create a “growth-focused West African gold producer” with pro forma production this year of about 170,000 oz. gold from two mines,…
Exploration at Rio Novo Gold’s (RN-T) Vira-Saia target on its Almas gold project in Brazil is yielding shallow, low-grade mineralization likely amenable to bulk mining methods, analysts say.
NGEx Resources (NGQ-T) has begun drilling its Bada potash project, about 150 km southeast of Asmara, the capital of Eritrea, and about 30 km inland from the port of Mersa Fatma on the Red Sea.
Short positions outstanding at Aug 15/11 (with changes from July 31/11).
Like farmers on a sunny day who sense a heavy rainfall on the way, gold watchers spent much of August bracing themselves for a major correction in the gold price, even as spot prices kept breaking new, all-time nominal record highs since July….
In a new report from Renaissance Capital, equity strategist Charles Robertson argues that African nations have begun “the long-awaited period of catch-up with the developed world” and that “the bottom billion is becoming the fastest billion.”
It may take years to rebuild Goderich, Ont., after a severe tornado ripped through the picturesque town on the eastern shore of Lake Huron, leaving one dead, 37 injured, and massive damage.
Short positions outstanding at Aug 15/11 (with changes from July 31/11).
CompanyDiv.PayRecord
as of 9 a.m. ET. Aug. 23, 2010(%)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Batero Gold’s (BAT-V) impressive market run over the last 12 months has hit a bit of a snag. Shares fell as much as 28% after the company released more drill results from its Batero-Quinchia gold-copper project in Colombia on July 27. At…
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