Colossus pulls monster intercept from Serra Pelada
Vancouver – Colossus Minerals (CSI-T) has followed up earlier high-grade hits with a monster intercept from its 75%-owned Serra Pelada project in Brazil’s Para state.
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Golden Predator extends mineralization at Brewery Creek
Vancouver – Golden Predator’s (GPD-T) successful winter drill program has hit a number of encouraging intercepts and expanded known mineralization eastward at its Brewery Creek project in the Yukon.
Allana just keeps on growing Dallol
Allana Potash (AAA-V) continues to define what is shaping into a world class potash play in Ethiopia. The company has grabbed the market’s attention over the last 12 months with shallow depth intercepts of up to 37.8 % KCl and now Allana says…
Western Potash expands Milestone resource
Western Potash (WPX-V) has boosted measured resources by 55%, indicated resources by 34%, and inferred resources by 25% at its Milestone potash project in Saskatchewan, about 50 km south of Mosaic’s (MOS-N) Belle Plaine mine, one of the…
Barrick bids for Equinox (April 25, 2011)
The board of Equinox Minerals (eqn-t, eqn-a) is withdrawing its bid for Lundin Mining (lun-t) and endorsing instead an all-cash takeover bid of $8.15 per share from Barrick Gold (abx-t, abx-n), which values the company at about $7.3 billon. The…
TSX rides silver and gold higher
Silver and gold were the theme of the holiday shortened Apr 18 -21 period, and the strength of the two metals helped ensure that the TSX Composite Index would finish higher than where it began. The Index managed a gain of 234 points to move up…
Venture down slightly in shortened April 18-21 period
Vancouver – The shortened trading period of April 18 to 21 was a mixed one for the S&P TSX Venture Exchange, but two days of losses outweighed two days of gains with the board ending down 9.27 points at 2,281.64 points.
U.S. equities were up in the Apr. 18-21 trading week
U.S. equities were gaining momentum before markets closed on Friday Apr. 22 for the Easter weekend. The Dow Jones Industrial Average advanced 164.16 points or 1.33% in the abbreviated Apr. 18-21 trading week to close at 12,505.99, while the…
Giustra shell joins rush for West African iron ore (April 25, 2011)
Investors have come to expect share-dilutive deals from Frank Giustra, one of Howe Street’s best known and most followed penny stock promoters. This does not seem to make the deals any less appealing, however, given the promoter’s past…
Ursa Major hits milestones
Since resuming mining a year ago from the West pit at its Shakespeare nickel-copper-platinum group metals (PGM) mine in Ontario, which was closed in 2008 due to weak metal prices, Ursa Major Minerals (UMJ-T) has regained its momentum.
Surf’s up: Let’s ride (April 25, 2011)
When you ask Richard Briggs what he’s telling his clients about investing in base metals these days, he answers: “We’re advising caution – lots of caution.”
Western Copper updates Casino study
Western Copper (WRN-T, WRN-X) has released an updated prefeasibility study for its sizable but remote Casino gold-copper-molybdenum project in the Yukon, three years and a commodity-price rollercoaster ride after the first.