Hudson sees larger Greenland diamonds, shares drop 44%
Vancouver – Analysis of the latest diamond haul from bulk sampling at Hudson Resources’ (HUD-V, HUDRF-O) Garnet Lak…
News
Eagle Two find keeps Noront soaring
News of another discovery at Noront Resources’ (NOT-V, NOSOF-O) Double Eagle project drove up the company’s share price 67to$5.50 over two days, with about 4.2 million shares changing hands.
Spot Prices (March 03, 2008)
COURTESY OF SCOTIABANK
Canadain Gold Mutual Funds
as of Jan. 31/2007
High River buys nickel deposit in Russia
High River Gold Mines (HRG-T) has acquired a 100% ownership interest in a Russian nickel deposit for US$10.6 million.
Uranium One CEO resigns on plunging production forecasts
VANCOUVER — Uranium One’s (UUU-T, SXRZF-O) share price has been in freefall with news that the uranium upstart has slashed its production forecast for the second time in four months. This time presid…
Shared goals, different paths
BEIJING, CHINA–As Chinese mining firms step up their acquisitions of resource assets overseas, foreign mining companies are continuing to look at China for opportunities. But it is a still a country …
QGX nails mining licence in Mongolia
Two months after China banned foreign ownership in tungsten and molybdenum mines, Mongolia has given QGX (QGX-T, QGXLF-O) the green light to move forward with an open-pit mine at its tungsten-molybden…
Northgate closes Perseverance acquisition (March 03, 2008)
VANCOUVER–Northgate Minerals (NGX-T, NXG-X) has completed its friendly takeover of Australian gold producer Perseverance in an all-cash deal valued at roughly US$257 million.
Castillian, Marifil cut platinum in Argentina (March 03, 2008)
VANCOUVER — A batch of drill results from the Las Aguilas West deposit, in Argentina, has returned significant platinum values for joint-venture partners Castillian Resources(CT-V, CTIIF-O) and Marif…
Great Basin Gold ups Burnstone gold count by 41% (March 03, 2008)
VANCOUVER–An ongoing exploration program at Great Basin Gold’s (GBG-T, GBN-X) Burnstone project in South Africa has increased the site’s gold resource by 41%.
AuEx Ventures draws on Nevada expertise
There may be no shortage of mining and exploration companies active in precious metals-rich Nevada, but there are certain advantages to being a junior in “elephant country” for AuEx Ventures (XAU-V, A…