Sutton boosts tonnage
Sutton Resources (STT-T) has tabled an inferred resource estimate for the new Reef-1 West gold zone at the Bulyanhulu project in Tanzania. The zone was discovered about 400 metres northwest of the Ree…
News
LETTERS TO THE EDITOR — Credentials, training essential for competent geostat evaluation
Geostatistics is rich with useful theoretical models. For example, the recipe for calculating optimal kriging weights can be found in projection theory. The ordinary kriging model is nothing more than…
MINING MARKETS & INVESTMENT NEWS – Trelleborg to divest Boliden
Swedish industrial conglomerate Trelleborg plans to divest its holding in its one-time subsidiary, Boliden (BOL-T), by distributing Boliden shares as a dividend to its shareholders.Trelleborg, which i…
NEWS ROUNDUP — Freewest to drill Golden Ridge
Based on encouraging results from trenching, Freewest Resources Canada (FWR-M) is preparing to drill-test its wholly owned Golden Ridge property, which straddles the Maine-New Brunswick border.Trenchi…
NEWS ROUNDUP — Romios drills Lundmark-Akow Lake
Toronto-based Romios Gold Resources (RGRI-C) has started drilling at its Lundmark-Akow Lake property in northwestern Ontario.The junior plans to complete at least 3,000 ft. in an attempt to test targe…
PEOPLE — Quest Int’l
Paul Saxton appointed president, CEO and director, James O’Rourke and William Meyer appointed directors.
MINING MARKETS & INVESTMENT NEWS – Provenor finds perch on ASE
Montreal-based Provenor became a member of the Alberta Stock Exchange upon completing a public offering of 1.5 million shares at 25 cents each. It trades under the symbol pvn.Proceeds from the financi…
MINING MARKETS & INVESTMENT NEWS – INSIDER TRADING — Breakwater execs renew options
Reports by the Ontario Securities Commission show that two directors of Breakwater Resources (BWR-T) renewed several options in November.Ned Goodman allowed to expire 50,000 options at $3.40 and was g…
MINING MARKETS & INVESTMENT NEWS – NEWS ROUNDUP — Jordex seeks opportunities
Vancouver-based Jordex Resources (JDX-T) has retained Hamilton Group of White Plains, N.Y., to help it identify business opportunities outside of the mining sector.William Staudt, a principal of the i…
MINING MARKETS & INVESTMENT NEWS – EASTERN MARKETS — Base metal producers show strong performance
The Toronto Stock Exchange 300 index plummeted 239.81 points during the report period Feb. 3-9, ending the week at 6,443.97.Overshadowing the broad market’s depressing performance was an unexpected su…
MINING MARKETS & INVESTMENT NEWS – WESTERN MARKETS — Hyperion, New Indigo bright spots on dull market
The Vancouver Stock Exchange composite index dropped 5.01 points, or 1.2%, to finish the week ended Feb. 9 at 414.21. The mining index slipped below the 300 mark, losing 8.25 points, or 2.7%, to close…
MOST ACTIVE ISSUES, Jan. 27-Feb. 2
ExchgVolume(000s)HighLowCloseChangeDe Beers*Q1218…