2008

Drilling at New Pacific Metals' HNK property in Guangdong province, China. Hole ZK3001 intersected the R1 vein, returning a 32.13-metre intersection grading 14.33 grams gold per tonne, including 8.13 metres grading 55.05 grams gold.

New Pacific sees lift on HNK drilling

A new high-grade gold vein assaying well into the double digits on New Pacific Metals’ (NUX-V, NUXFF-O) HNK property in Guangdong province, China, pushed its shares up 40% recently.


Proposed mines showing robust economics

The week ended April 5, the fourteenth trading week of 2008, started off on a high note, with a positive new economic study of the top Canadian gold play of the past year: Osisko Exploration’s wholly …




Aker Solutions to take on Palmarejo mine

Norwegian engineering and construction company Aker Solutions has been contracted to perform construction management at Coeur d’Alene Mines’ (CDM-T, CDE-N) Palmarejo project.


Zaruma links deposits at Luz del Cobre

If copper mineralization at Zaruma Resources’ (ZMR-T, ZMRAF-O) Luz del Cobre deposit, in Sonora, Mexico, keeps expanding, the company could extend the project’s mine life beyond its current five to si…


Crescent seeks Paraguay uranium

Between 1976 and 1983, Anschutz Corp., a private, Denver, Colo.- based U. S. oil company and its joint-venture partners Korea Electric Power and Taiwan Power Co. spent roughly US$30 million evaluating…


Examining core samples at Creston Moly's El Creston project, in Mexico.

M3 hired to conduct El Creston feasibility

International engineering firm M3 Engineering and Technology has signed a contract with Creston Moly (CMS-V, CMSJF-O) to complete a bankable feasibility study for the company’s El Creston molybdenum d…



Valencia upgrades Cachinal silver project

A review of different scenarios, metal prices, designs and operating cost assumptions based on a new resource estimate for the Cachinal silver project, in Chile, indicates a “reasonable prospect” for …


Samples are collected in front of a drill at Bannerman Resources' Goanikontes project in Namibia. The company has announced plans to begin trading on the country's nascent stock exchange this month.

Bannerman plans production by 2011

With questions over the ability of juniors to bring on new supply seen as a significant factor in continuing high uranium prices, Bannerman Resources (BAN-T, BMN-A) is looking to distinguish itself fr…


U. S. MARKETS APRIL 1-7

While the April 1-7 trading period was, overall, a good one for U. S. markets, news that minutes from a Federal Reserve meeting predicted a deepening and protracted economic downturn in the country we…


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