News

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)…

BM Diamondcorp (BDI-V) has intersected significant gold in three holes drilled on its Woodlark Island project, 300 km east of mainland Papua New Guinea.

Recent insider trading transactions reported by the Ontario Securities Commission in its OSC Bulletin include the following:…

Aber Diamond — Laurent Mommeja appointed director.

Toronto-based Crystallex International (KRY-T) has launched a bid to acquire the rest of the shares of El Callao Mining (ECM-V) that it does not already own.

Vancouver — Starfield Resources (SRU-V) reports impressive platinum group metal grades from drilling on the Ferguson Lake project in Nunavut.

Vancouver — Drill results from St. Jude Resources‘ (SJD-V) Goulagou property in Burkina Faso indicate a potentially minable bulk-tonnage oxide resource.

Wheaton River Minerals (WRM-T) has announced a 20% increase in reserves at the Alumbrera gold-copper mine in Argentina.

Wolfden Resources (WLF-T) has intersected significant copper-zinc-silver-gold mineralization on the High Lake property, about 175 km east-southeast of Kugluktuk, N.W.T.

Vancouver — Northgate Minerals (NGX-T) has announced plans to buy the Sustut copper deposit from Doublestar Resources (DSR-V). The deposit is in north-central British Columbia, 40 km south of Northgate’s Keme…

Band-Ore Resources (BAN-T) has intersected significant gold by deepening previously drilled holes on its Thorne property in Timmins, Ont.

Less than two months after De Beers withdrew from the Festival diamond project near Wawa, Ont., Pele Mountain Resources (GEM-V) has found a new partner in Goldcorp (G-T). The two companies h…