Exeter rises on gold from Cerro Moro
VANCOUVER–News of the highest-grade intersection to date from the Cerro Moro gold-silver project, in Argentina, gave Exeter Resource (XRC-V, XRA-X) a nice share price lift.
Gold
Shareholder files class action against NovaGold over Galore Creek
A class action lawsuit has been filed against NovaGold Resources (NG-T) that claims the company issued false and mi…
Atac’s drilling scores 10 out of 11
Vancouver – The first drill result out of Atac Resources’ (ATC-V) Rau gold project in the central Yukon impressed i…
San Gold on cusp of resource update (August 06, 2008)
Vancouver – Exploration drilling in and around San Gold’s (SGR-V) operating Rice Lake mine, 230 km northeast of Win…
Carpathian can’t get lift from wide intersects
The latest drill results from Romania, while strong, weren’t enough to lift Carpathian Gold (CPN-T) out of the summ…
Kinross bids for Aurelian
Count Kinross Gold (K-T, KGC-N) amongst the believers in Ecuador.
Brookbank turns golden for Ontex
VANCOUVER–It’s been slow going at the Brookbank gold project in Ontario, but patience is a virtue for Ontex Resources (ONT-T, OXRSF-O): the latest set of assay results from the site include some of t…
First blush numbers look good for Tyhee
Tyhee Development’s (TDC-V, TYHJF-O) Yellowknife gold project in the Northwest Territories should post a pre-tax internal rate of return of 21.3% and a pre-tax net present value (NPV) of US$145 millio…
Romarco growing resource at historic Haile mine (August 04, 2008)
VANCOUVER–With drilling to confirm the historic resource complete, Romarco Minerals (R-V, RTRAF-O) is focused on expanding the gold zone at its Haile mine in South Carolina. Both efforts are returnin…
Golden Predator snares Midway
VANCOUVER–Only a few months after manoeuvring a takeover of Fury Explorations (FUR-V, FURXF-O), tungsten producer Golden Predator Mines (GP-T, GPDRF-O) is signing onto a merger with Midway Gold (MDW-…
Editorial: Kinross’s bid for Aurelian: brilliant or nutty?
By far the biggest story during the week ended July 26, the thirtieth trading week of 2008, was the surprise bid by Kinross Gold for Aurelian Resources and its prized Fruta del Norte gold discovery, part of the junior’s Condor project in…
MMX CEO denies gold smuggling, fixing tender
VANCOUVER–Shares of companies partially owned by Brazil’s richest man, Eike Batista, continued to take a beating on the markets after Brazil’s federal police raided his Rio de Janeiro home and office…