GLR funds Goldfields
A final feasibility study on the Goldfields gold project near Uranium City, Sask., indicates an open-pit mine and mill would be economic.
News
Trigon selling diamond assets to Diamondex (June 25, 2007)
Vancouver — Solidifying a recent move towards uranium and away from gems, Trigon Uranium (TEL-V, TELWF-O) has inked a deal to sell its diamond exploration portfolio to Diamondex Resources (DSP-V, DMD…
TSX Venture Rights & Warrants (June 25, 2007)
Blue Sky Uranium (BSK.WT) — Wt buys sh @ $1.30 to Mar 23/09.
International Quotes (June 25, 2007)
OVERSEAS: Australia (A$) June 18 June 11 Change Bendigo Mining 0.32 0.32 0.00 Centamin Egypt 1.13 1.10 0.03 Emperor Mines 0.12 0.12 0.00 Kingsgate Cons. 5.59 5.29 0.30 Lion Selection…
Cusac nabs Taurus
Vancouver — Cusac Gold Mines (CQC-T, CUSIF-O) is consolidating its grip on the historic Cassiar mining region of B.C. with the purchase of American Bonanza Gold’s (BZA-T, ABGFF-O) Taurus gold project…
North Atlantic’s Mali resource grows (June 25, 2007)
Expanded drill coverage has confirmed a larger gold deposit at the FT gold project in southern Mali, held by North Atlantic Resources (NAC-T, NOATF-O).
Sumitomo taking bulk of $37.5M Augusta financing
Vancouver — Augusta Resource (AZC-T, AZC-X) has lined up a $37.5-million financing, with Japanese multinational Sumitomo (SSUMY-O) subscribing to 71% of the non- brokered private placement.
U.S. Markets June 12-18
The main indexes in the United States all saw increases over the June 12-18 trading period. The NASDAQ gained 2%, or 54.45 points, closing at 2,626.6. The Dow Jones Industrial Average added 188.02 poi…
TSX Venture Exchange June 12-18
Copper and gold prices inched up over the June 12-18 trading session, propping up the S&P-TSX Venture Composite Index for a 32.49-point gain to 3,226.18. Average daily trading volumes retracted to…
LME Warehouse Levels (June 25, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 18, 2007 (change from June 11 in brackets):
Editorial: Good news coming for Crystallex?
We’ve almost become accustomed to earth-shaking news in the mining sector popping up on our monitors every few days, so the busy but unspectacular week ended June 16, the twenty-fourth trading week of…
Quartermain named Silver Institute president
The Silver Institute recently elected Silver Standard Resources (SSO-T, SSRI-Q) president Robert Quartermain as its next president.