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Review And Analysis : Gold Mining Industry Development and Mining Companies Growth In China
Over the last few weeks we’ve been paying more attention to China as it emerges from the East. There are three reasons why China poses such an interesting potential return of value for traders.
A very interesting read is an interview with Jim Rogers about his thoughts on China.
“While he says that China is the only [...]
Chinese Expand Mining Investment in Zimbawe
Chinese investors who were part of a recent visiting delegation are eyeing significant investments within Zimbabwe’s gold and platinum sectors, the Herald Business has gathered.
While no figures could be obtained, this paper understands that the Chinese are admirers of Zimbabwe’s mining industry, and were keen to pour in money.
The 22-member delegation, which consisted of mining, [...]
Mining Stock in European Tradding Market
European mining stocks rallied for a fifth day, paced by BHP Billiton Ltd. and Rio Tinto Group after metal prices rose.
Bayerische Motoren Werke AG led automakers higher after Barron’s said the stock may surge 20 percent. Deutsche Bank AG fell for a third day after Reuters reported Germany’s biggest bank may have to write down [...]
Buffalo Gold and Sargold propose merger
Buffalo Gold Ltd. and Sargold Resource Corporation (”Sargold”) are pleased to announce they have signed a letter of intent (”LOI”) to enter into a friendly merger (”the Transaction”). Under the LOI, all outstanding securities of Sargold will be exchanged for common shares and common share purchase warrants and options of Buffalo.
Highlights of the [...]
Goldeye and Polar Announce Drill Programme on Todd Creek Project, BC., Canada, and Report on Sonia Project, Chile
Goldeye Explorations Limited and Polar Mining Corporation are pleased to announce the commencement of a 3600 metre drill programme on the Todd Creek Project, located 35 kilometres northeast of Stewart, B.C. The first two holes will be drilled on the South Zone Deposit and MEXT Zones. The drill hole on the South Zone Deposit will [...]
SLAM Exploration Increases Zinc-Lead-Silver Resource
SLAM Exploration Ltd. announces the completion of an updated resource estimate for its Nash Creek Project. The new resource estimate defines a high grade zone within the deposit and increases the overall tonnage by 16%.
The total indicated resource is estimated at 3.24M tonnes with an additional inferred resource of 2.69M tonnes. This includes a high-grade [...]
U.S. Energy Corp. Announces a Stock Buy Back Program; Reviews Corporate Development Plans
U.S. Energy Corp. (Nachrichten), a diversified natural resource exploration company announced today that it will initiate a share buy back program. The Company is also pleased to provide its corporate development strategy along with several project updates as follows.
Share Buy Back Program
The Board of Directors of USEG has approved a share buy back program for [...]
Uruguay Minerals Exploration Inc: Operations Update
– Production for 2006 Financial Year exceeds target
– Petrographic work at Lascano confirms hydrothermal alteration
Uruguay Minerals Exploration Inc confirms that it has produced 96,420 ounces of gold for the financial year to May 31, 2007, exceeding its target of 95,000 ounces. Ore processed for the year was 1,312,999 tonnes at a grade of 2.45 g/t [...]
Eagle Plains/Wellstar Energy Commence Fieldwork on Saskatchewan Uranium Project
Eagle Plains Resources Ltd. and Wellstar Energy Corporation announce that crews have now mobilized to the Kulyk Lake project area, and will begin systematically mapping and sampling all known occurrences. Prospecting and reconnaissance mapping will also be completed in an attempt to locate new mineralization. An airborne geophysical survey is also scheduled for the property, [...]
