International Beryllium funds nuclear fuel research (August 29, 2008)
International Beryllium (IB-V) has agreed to fund a two-year, US$500,000 research project by Purdue University in W…
Africa
Iamgold bids for Euro Ressources
In a move to cut cash costs, mid-tier gold producer Iamgold (IMG-T, IAG-N) is making a cash bid for Euro Ressources…
DRC official sounds sour note
Words from the mouth of an official of the Democratic Republic of Congo’s mines ministry were anything but music to…
South Africa plans to restrict uranium exports
South African minerals and energy minister Buyelwa Sonjica is planning to limit uranium exports from the country, a…
High River buys out Russian partner at Prognoz
High River Gold Mines (HRG-T, HRIVF-O) is snapping up the remaining 50% stake in the Prognoz silver project in the Republic of Sakha in Russia, about 444 km north of the capital city of Yakutsk.
Barrick’s Q2 strong despite rising costs
Despite a 91% jump in oil prices, which averaged US$124 per barrel in the second quarter compared with US$65 per barrel in the same quarter a year ago, Barrick Gold’s (ABX-T, ABX-N) second-quarter rev…
MagIndustries boosts potash reserve in Republic of Congo
Four months after nailing a 25-year licence to mine potash in the Republic of Congo in Equatorial Africa, MagIndust…
Avion falls on results from Mali
Drill results from Avion Resources (AVR-V) projects in Mali failed to rally the company’s shares and instead they f…
Xstrata eyes Lonmin’s platinum
Xstrata (XSRAF-O, XTA-L) wants to widen its reach in its efforts to become the world’s pre-eminent diversified miner.
Teal grows resource, grades at Namibian project
Teal Exploration & Mining’s (TL-T, TEL-J) Otjikoto gold project in Namibia is demonstrating higher grades and resources, the company reports.
EDITORIAL: Oil, metals and Russia’s triumph
Despite political upheaval in the world, the broad decline in oil and mineral prices picked up steam during the week ended Aug. 9, the 32nd trading week of 2008, much to the detriment of resource comp…
Banro pulls strong intercepts at Twangiza in DRC
Assay results from an additional 30 diamond-drill holes from Banro’s (BAA-T, BAA-X) Twangiza project on the Twangiza-Namoya gold belt, in the Democratic Republic of the Congo, continue to come up gold…