Belo Sun shines in Brazil (November 30, 2010)
Vancouver – A long gold hit at Belo Sun’s (BSX-V) Volta Grande project in Brazil has helped boost the project’s potential and the company’s stock price.
News
The “ins” and “outs” of going public
For junior miners looking to go public, the TMX presentation on going public in Toronto on Nov. 23 offered some helpful advice. The afternoon’s discussion was carried by a collection of six capital market experts who all agreed that one of the…
Helio reports initial resource estimate for SMP gold project
Vancouver – Helio Resource (HRC-V) has released an initial resource estimate for its SMP gold project in Tanzania following a season of concentrated drilling on the Porcupine target.
Hathor boosts uranium resources at Roughrider to 28 million lbs.
Recent drilling by Hathor Exploration (hat-v) has more than doubled the original resource estimate for the Roughrider uranium discovery on the Midwest Northeast property in Saskatchewan’s Athabasca basin. An updated resource estimate shows…
Escobal shows robust economic potential (November 29, 2010)
Designed to improve confidence in the established inferred resource, infill drilling by Tahoe Resources (tho-t) on the high-grade Escobal silver deposit in Guatemala succeeded in expanding the indicated resource to 245 million contained silver…
Venture regains ground
Vancouver – The last full week of November saw the S&P TSX Venture composite index bounce back over the 2000-point threshold after slipping below it the week before. The index climbed 73.66 points over four days to offset a 12.53-point…
Rubicon Minerals makes a splash with inferred estimate
Rubicon Minerals (RMX-T, RBY-X) closed $1.46 higher today in Toronto at $6.06 per share, a gain of 31.74%, on news of a four million ounce inferred gold resource estimate at its Phoenix gold project in Red Lake, Ontario.
TSX falls, if only slightly, for Nov 22-26 period
The TSX Composite Index was off 39 points to 12,892 points for the Nov. 22-26 despite solid data on retail spending and signs of inflation. Along with such bullish indicators came increased sentiment that the Bank of Canada may begin raising…
The Dow and S&P 500 slip in Nov. 22-26 trading week
The Dow Jones Industrial Average fell 111.55 points or 1% to finish at 11,092.00, while the S&P 500 index slipped 10.33 points or 0.86% to 1,189.40. Nasdaq added 16.44 points or 0.65% to reach 2,534.56. The Philadelphia Gold and Silver…
Nyrstar offers $409M for Farallon
VANCOUVER — Emerging producer Farallon Mining (FAN-T) has agreed to a friendly takeover bid by zinc giant Nyrstar in an all-cash deal valued at $409 million fully diluted.
Eike still likes gold (November 29, 2010)
While Brazilian billionaire Eike Batista has swelled his fortune on Brazilian offshore oil over the last five years, he still has an appetite for the commodity that helped propel him to fame and fortu…
K+S bids $434M for Potash One
VANCOUVER — A $434-million takeover bid for Potash One (KCL-T) from German fertilizer giant K+S Aktiengesellschaft is evidence that the failure of Australian giant BHP Billiton’s (BHP-N) US$39- billi…