New Pacific Cuts High-Grade
New Pacific Metals (NUX-V, NUXFF-O) has intersected high-grade gold in channel samples from a narrow vein on its 57-sq.-km HNK project, in China’s Guangdong province.
2009
Connacher Records Q1 Loss
The drastic price drops in bitumen, crude oil and natural gas left Connacher Oil and Gas (CLL-T, CLLZF-O) with a $46.8-million loss in the first quarter of 2008 despite an increase in production.
Silvermex to buy mine and mill from Aurcana
Silvermex Resources (SMR-V) says that plans to buy the mine and mill next door to its San Marcial silver property i…
Nautilus using down time to improve Solwara 1 plans
Vancouver – Construction of its novel deep-sea mining equipment has been on hold since December but Nautilus Mine…
Mongolian election to take investment climate temperature
At a shareholders meeting earlier this month Ivanhoe Mine’s (IVN-T, IVN-N) president and chief executive, John Mack…
Short Position Report (May 22, 2009)
TSX Short PositionsShort positions outstanding at May 15/09 (wi…
UPDATE: Cardero sells Pampa de Pongo for half price
Vancouver – With a bleak outlook for iron ore markets Cardero Resource (CDU-T, CDY-X) president and CEO Henk van Al…
High River Gold Mines may get bail out from Severstal
Financially strapped High River Gold Mines (HRG-T) says its largest shareholder, Russian steelmaker Severstal, has …
Core drilling more than doubles grades for Oro Gold
Vancouver – It looks like Oro Gold Resources (OGR-V) will have to re-estimate the resource at its Trinidad gold pro…
Platmin to use financing to repay debt
Vancouver – Platmin (PPN-T) is raising $69 million in a private placement arranged through GMP Securities.
Sage scoops up Puma
An all-share merger between Geraldton-Beardmore explorer Sage Gold (SGX-V) and Consolidated Puma Minerals (CPW-V)…
Antioquia looks for Colombian gold
Calgary-based Antioquia Gold (AGD-V) is looking to prove Colombia can keep up with its Peruvian and Ecuadorian neig…