Reed Lake Drilling Paying Off For VMS Ventures
Vancouver — The Reed Lake discovery continues to return solid copper-zinc-silver-gold intersections for VMS Ventures (VMS-V, VMSTF-O).
News
Vaaldiam Looks To ‘Stop The Bleeding’
Vaaldiam Resources (VAA-T, VAAFF-o) says the world financial crisis and a 25% drop in rough diamond prices since September have forced it to shut down its Duas Barras alluvial diamond mine in Minas Ge…
International Quotes (December 08, 2008)
Australia (A$) Nov 25 Nov 4 Change Bendigo Mining 0.12 0.12 0.00 Kingsgate Cons. 2.80 2.93 -0.13 Lion Selection Ltd 0.92 1.10 -0.18 Newcrest Mining 24.45 20.65 3.80 R…
Carpathian Doubles Rovina Gold Resource
Carpathian Gold (CPN-T, CPNFF-o) has doubled the resource at its Rovina Valley project in the heart of the Golden Quadrilateral of western Romania’s Transylvania region, 300 km northwest of Bucharest.
Thor Vein Returns Strong Gold Grades For Northern Abitibi
Discovered earlier this season by trenching, the Thor vein at the Viking gold project near Sops Arm, Nfld., is proving to be a promising discovery, reports operator Northern Abitibi Mining (NAI-V, NOM…
Iron Ore Contract Prices To Drop, Standard Chartered Says
Contract prices for iron ore will fall 15-20% in 2009, according to the commodity research team at Standard Chartered.
Bargains To Be Had — For Patient Investors
If investors have money to spare and can afford to wait for prices to recover, then recessions can be a good buying opportunity. The question, of course, is how long one has to wait until stock and co…
BHP Backs In On Peregrine’s Chidliak
BHP Billiton (BHP-N, BLT-l), the principal owner of Canada’s wildly successful Ekati diamond mine in the Northwest Territories, seems to think Peregrine Diamonds’ (PGD-t) Chidliak project, on southern…
Choice Spot, Tough Decision For Geologix
SITE VISIT Durango, Mexico — Geologix Explorations (GIX-T, GXEXF-o) is positioned on top of what could be Mexico’s next great polymetallic mine. Just an 85-km drive along a paved highway…
Second Time’s The Charm At Boyongan
Vancouver–The Boyongan copper- gold project’s second prefeasibility study this year has come to a different conclusion than the first.
Persian Gulf Region, India To Cushion Copper’s Fall
Vancouver — It’s hard to believe given the bleak numbers the International Copper Study Group (ICSG) is forecasting for 2009 copper use in the four major copper-using regions — Japan, China, North A…
Denison Slides On Midwest Deferral
Vancouver — Investors drove Denison Mines’ (DML-T, DNN-x) share price down 24% after the company announced plans to shut down the Tony M uranium mine in Utah and shelve development plans for the Midw…