Gold potential growing at Oromin’s Sabodala
Vancouver – A rapid-fire drill campaign at Oromin Explorations’ (OLE-V) Sabodala project in Senegal continues to pr…
News
Champion Minerals expands iron property
Champion Minerals (CHM-V) is buying up yet more land next door to its existing 100% owned Attikamagen Lake iron p…
No end in sight for moly rally (March 24, 2008)
Diminishing inventories, surging steel consumption and the widening scope of end-uses for molybdenum will sustain t…
ATW picks up another Aussie gold mine
VANCOUVER — Five months after buying the Burnakura gold mine in the goldfields of Western Australia, ATW Venture (ATW-V, ATWVF-O) is picking up another past-producing operation just 300 km away: the …
Diavik sees boost in reserves
RIO, HARRY WINSTON TO GO UNDERGROUND AT NWT DIAMOND MINE
Merrex delivers Mali gold
Merrex Gold (MXI-V, MXGIF-O)was eager get to drill results to the market from its operations in Mali, so it issued partial results from the first phase of drilling at its Siribaya gold project.
Strike at Inmet’s Ok Tedi shortlived
A strike at Inmet Mining’s (IMN-T, IEMMF-O) Ok Tedi copper-gold mine, in Papua New Guinea, lasted only four days, with workers agreeing to go back to work at the project on March 15.
U. S. MARKETS (March 24, 2008)
It was another week of gut-wrenching turmoil in the markets. Concerns over the financial sector peaked on Sunday, March 16, as U. S. brokerage house Bear Stearns — pushed to the point of bankruptcy -…
Peak Gold earns $14.6M in first year
After buying two operating mines in April last year, Peak Gold (PIK-V, PIKGF-O) raked in net earnings of US$14.6 million, or 3 per share, for the thirteen months ended Dec. 31, 2007.
Sierra Leone yields early results for Cream Minerals
Cream Minerals (CMA-V, CRMXF-O) has netted 46 diamonds in the first four days of operations on its Sewa River exploration licence in Sierra Leone.
TORONTO STOCK EXCHANGE (March 24, 2008)
Any gains over the March 11-17 trading period were shortlived after many Canadian stocks retreated on news of a fire sale south of the border — JPMorgan Chase agreed to buy Bear Stearns for less than…
Molycor hits magnesium in Nevada
On a day when markets around the world tumbled on news of a Bear Stearns (BSC-N) fire sale, Molycor Gold (MOR-V, MLYFF-O) managed to carve out some slim gains based on drill results from its operation…