Weixi drilling disappoints
Vancouver — Shares of Red Dragon Resources (DRA-V, RDDRF-O) plummeted on March 29th trading to close down 44% following poor initial drill results from its Weixi zinc project in Yunnan province, Chin…
Asia
Oxus Gold divests Kyrgyz project (April 02, 2007)
Oxus Gold (OXUSF-O, OXS-L) has sold its interest in the operating company that had developed the Jerooy gold deposit in Kyrgyzstan, as part of a transaction with another London-listed junior, KazakhGo…
Maxy looks to tame the dragon
Getting a leg up in a country as vast and notoriously complex as China is no easy task.
Red Dragon’s Weixi drilling disappoints
Vancouver – Shares of Red Dragon Resources (DRA-V, RDDRF-O) plummeted on March 29th trading to close down 44% follo…
Thistle creditors hit brakes
The controlling shareholders of Thistle Mining (TMG-L), which are also the company’s major shareholders, have given…
Kyrgyz draft bill contests validity of Centerras Kumtor agreement
Centerra Gold (CG-T) and its 53% owner, Cameco, (CCO-T) have been busy negotiating with the Kyrgyz Republic governm…
Barrick Eyes Pakistan for Super-Giant Potential
With a resource inventory of more than 21.3 million oz. gold and 26.6 billion lbs. copper, and counting, the Reko Diq copper-gold porphyry project in southwestern Pakistan has “super-giant” proportion…
Dynasty Gold gets Buffalo-ed
Vancouver — Under a friendly, all stock takeover bid, Buffalo Gold (BUF.U-V, BYBUF-O) plans to acquire Dynasty Gold (DYG-V, DGDCF-O).
Freeport, Phelps Deal Wins Vote
Freeport-McMoRan Copper & Gold (FCX-N) and Phelps Dodge (PD-N) have completed their merger after shareholders voted in favour of the proposed combination of the two companies.
Editor’s Picks: top stories of week 12
The tabling of Canada’s new federal budget on March 19 was the number one event affecting Canada’s miners during th…
Denison studying open pits at McClean, Hairhan
While chewing on two acquisitions, Denison Mines (DML-T, DNMIF-O) is digesting new resource estimates for the McClean Lake and Hairhan uranium deposits in Saskatchewan and Mongolia, respectively.
Indonesian drilling encourages Southern Arc (March 19, 2007)
Vancouver — Scout drilling by Southern Arc Minerals (SA-V, SOACF-O) at its West Lombok property on Lombok Island, Indonesia, is indicating a number of exten-sively gold-mineralized breccia vein syste…