September 11, 2011

Fighting breaking out in the bulk freight market as ore shipping gets dirty

When there is big money to be made, the opium trade, the Gold Rush, Kuwaiti oil, there inevitably follows a degree of dirty tricks or even war and the development…

September 11, 2011

Afghanistans Hajigak iron ore deposit draws bids from India, Iran, Canada

Bloomberg09/07/2011By - Afghanistans richest iron-ore deposit drew bids from an Indian government-backed group, two Iranian contenders and Canadas Kilo Goldmines Ltd. (KGL), an Afghan official said. Hajigak Iron Ore in…

September 11, 2011

Debut diamonds commences airborne geophysical survey over Ontario claim

Canadian development company Debut Diamonds Inc reports that Tundra Airborne Surveys Ltd. has mobilized to commence a high-sensitivity/high-resolution airborne magnetic survey over its 229 square kilometer claim block immediately to…

September 11, 2011

WFDB President calls on diamond trade to be positive ahead of Hong Kong show and holiday sales season

"As the pace of polished sales is now set in the major Asian markets, in particular in China and India, we have good reason to be optimistic about significant growth…

September 11, 2011

Mining Fear

It is a cautionary tale for the Hunter Valley, a picturesque winemaking and hobby farm area north-west of Sydney, which finds itself at the centre of a growing resources controversy:…

September 11, 2011

Premier Gold finds high-grade gold mineralization in Nevada

Canada?s Premier Gold Mines Ltd said it found high-grade gold mineralization at its fully-owned Saddle project in Nevada and that it will start drilling at its Blue Sage prospect in…

September 11, 2011

Uranium market will right itself by year’s end: Resource Capital Research

Resource Capital Research, which posted its September Quarter RCR Uranium Sector Review, says that buying opportunities will emerge in the uranium sector in the fourth quarter of 2011 and early…

September 11, 2011

Newmont CEO says gold going to $2,000 and Washington needs to do some work before CEOs start hiring again

Bloomberg interviewed Richard O'Brien, CEO of Newmont, on Friday who said gold could reach $2,000 in the next six months. O'Brien also said more certainty is needed around taxes and…

September 11, 2011

Bard Ventures up seven percent after announcing drill results of 70.49 gm/t silver over 214.7m at Lone Pine property

Bard Ventures (CVE:CBS) was up 7.69% on Friday, bucking a down day in the markets when the S&P/TSX Composite index was down 2.34%, after the company announced drill results of…

September 11, 2011

Lumina Copper up 23 cents after announcing copper intersects at Taca Taca

Lumina Copper (CVE:LCC) announced on Thursday intersects of 646 meters grading of .93% copper equivalent at the Taca Taca copper-gold-molybedenum project in Argentina. Lumina also reported drilling results of 2.69%…