PEOPLE (September 29, 2008)
Amazon GoldSands — Carlos Stocker appointed CFO; Kenneth Phillippe has resigned as CFO. Argentex Mining — Patrick Downey appointed a director. Bullion Monarch Mining– Larry Anderson appointed a dir…
News
Rockwell snubs Pala bid
Vancouver — South African alluvial producer Rockwell Diamonds (RDI-T, RDIAF-o) is fighting off a hostile takeover offer from its largest shareholder, a private equity firm based in the Channel Island…
Gabriel Resources banks on November elections (September 29, 2008)
The results of upcoming elections in Romania will be critical to the future of the stalled Rosia Montana gold project, executives of Gabriel Resources (GBU-T, GBRRF-o) told the Denver Gold Forum in Se…
TORONTO STOCK EXCHANGE SEPT. 16-22
It was a turbulent week for the TSX Composite Index as ripples from the U. S. government’s proposed US$700-billion financial bailout were felt in Toronto. The Sept 16-22 trading period saw the TSX flu…
Swedish magnetite draws Northland Resources
Vancouver–With its latest round of drilling in Sweden, Northland Resources (NAU-T, NRSRF-o) has confirmed good iron grades at Pellivuoma, 15 km west of its planned Tapuli iron ore mine.
TSX-V most active issues (September 29, 2008)
VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE Dynamite Res DNR 13990 0.14 0.09 0.12 -0.01 TagishLkGold TLG 10234 0.03 0.01 0.03 0.00 KWG Res KWG 9820 0.04 0.02 0.03 …
U. S. most active issues
VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE Vale* RIO 247251 25.48 19.07 23.53 + 2.00 Barrick Gold* ABX 148446 39.59 26.48 38.14 + 10.20 Goldcorp* GG 113891 36.92 25.50 36.29 …
Western Copper draws closer at Carmacks
Vancouver — As far as permitting goes, all Western Copper (WRN-T, WCPCF-o) needs now is a quartz mining licence for its Carmacks copper property, about 200 km north of Whitehorse, Yukon.
The path to development in Eritrea
Vancouver — The bomb dropped on Sept. 2, 2004, when mineral exploration and mine development companies in Eritrea received letters from the Eritrean government commanding them to halt operations. Mos…
Searching for nickel near Timmins
Vancouver — Timmins and its environs may be known for their rich gold history but in Langmuir Twp., these days it’s all about nickel.
TSX VENTURE EXCHANGE SEPT. 16-22
The Sept. 16-22 trading session started badly for the S&P-TSX Venture Exchange, but ended better with news of the U. S. government’s planned bailout package likely reversing early losses. After sh…
Northern Gold explores Kirana’s gold potential (September 29, 2008)
Fortified by a $3.2-million treasury, Toronto-based Northern Gold Mining (NGM-V, NTGMF-o) has launched an ambitious exploration program on its gold properties near Timmins and Kirkland Lake, Ont.