Fresnillo Moves On MAG Silver
In what executives at MAG Silver (MAG-T, MVG-X) are calling a “take-under” bid, a subsidiary of Fresnillo (FNLPF-O, FRES-L) is offering US$4.54 per share in cash for all of MAG’s outstanding shares. M…
2008
Seabridge Puts KSM’s Mine Life At 30 Yrs
Vancouver — A preliminary economic assessment has put a US$3.4- billion price tag on the Kerr-Sulphurets- Mitchell (KSM) gold project in northwest British Columbia, but the investment would buy a 30-…
Wesdome Strikes New Gold In Val D’Or Camp
Wesdome Gold Mines (WDO-T, WDOFF-O) has found some much needed gold in an area that has never been drilled before on its Dubuisson property, in Val d’Or, Que. — good news to go along with a solid thi…
People (December 15, 2008)
Aquiline Resources — Darren Maupin appointed a director.
Lme Warehouse Levels (December 15, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 8, 2008 (change from Nov. 25 in brackets):
Canplats Proves Up Camino Rojo Resource
Vancouver — A year after geologists traced red-stained road fill back to the quarry it came from and staked the Camino Rojo or “Red Road” project in Mexico, Canplats Resources( CPQ-V, CPQRF-O) has ca…
Northgate more than doubles Young-Davidson gold resource
Vancouver – Northgate Minerals (NGX-T) has been rewarded for a serious drilling effort at its Young-Davidson project in Ontario with a new resource estimate that pushes the gold count past…
Northland upgrades Tapuli magnetite resource
Vancouver – Northland Resources (NAU-T) boosted confidence in its Tapuli magnetite deposit, upgrading most of…
Pacific Rim takes on El Salvador
Pacific Rim Mining (PMU-T, PMU-X) is readying to play hardball with the government of El Salvador.
Drilling confirms trench samples at StrataGold’s Purple Heart
StrataGold (SGV-T) and 50% joint-venture partner, Newmont Overseas Exploration, received some encouraging results f…
Candente Resource completes PEA for Canariaco Norte
A long-awaited preliminary economic assessment of the Canariaco Norte project in Peru may bring Candente Resource (…
Eurasian’s willingness to risk starting to pay off
Vancouver – Eurasian Minerals’ (EMX-V) decision to play the risk-reward gamble looks to be paying off: the ju…