Goldrush hits gold in Burkina Faso
Vancouver — Goldrush Resources (GOD-V, GDRRF-O) is finding gold at its Ronguen project, in Burkina Faso.
News
U.S. Markets August 7-13
Misery linked to the ongoing trouble in the debt market continued on United States equity markets during the reporting period Aug. 7-13. The losses were more muted, thanks to two rally days early in t…
TSX Venture Exchange August 7-13
The bloodletting on North American equity markets did not miss the S&P-TSX Venture Composite Index over the Aug. 7-13 trading session with the junior board posting a 6.3% decline to finish the ses…
LME Warehouse Levels (August 20, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug. 13, 2007 (change from Aug. 6 in brackets):
Sojitz makes Primary a takeover target
Vancouver — The board of tungsten producer Primary Metals (PMI-V, PMIZF-O) has thrown its support behind an all-cash takeover bid of $3.65 per share by Japanese multinational, Sojitz.
Daily Metal Prices (August 20, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Russians released in Nigeria (August 20, 2007)
Six Russian nationals were released in mid-August after being abducted from a company compound in southeastern Nigeria more than two months ago.
Spot Prices Courtesy of Scotiabank Tuesday, Aug. 13, 2007
Precious Metals Price (US$/oz.) Change Gold $667.35 -1.90 Silver $12.76 -0.23 Platinum $1273.00 -9.00 Palladium $351.00 -10.00 Base Metals Price (US$/lb.) Change Nickel $12.60 -0.70 Lead $1.41 -0.03 Copper $3.49…
Hungry for Meridian, Yamana ups offer
Six weeks after Yamana Gold (YRI-T, AUY-N, YAU-L) announced its original proposal to take over Meridian Gold (MNG-T, MDG-N), the company announced on Aug. 14 that it has upped the cash component of it…
Honeymoon over for Gammon Gold
Accusations of misguidance and hype could be a sign of more trouble to come for Gammon Gold (GAM-T) as a new management team works to fix a series of startup problems at two gold operations in Mexico.
Sherwood marches Minto ahead
SITE VISIT Whitehorse, Yukon — It’s the first significant mine to start producing in the Yukon in 10 years. No wonder people here are excited about Sherwood Copper’s (SWC-V) Minto…
Brett hits long gold at Hammond Reef (August 20, 2007)
Vancouver — Brett Resources (BBR-V, BBRRF-O) is pulling long gold intersections at its Hammond Reef project, in southwestern Ontario, 170 km west of Thunder Bay.