News

Hillsborough Resources Ltd. has signed a letter of intent that would see a division of international miner Anglo American PLC buy a stake in the company with an eye to joint development of several mineral and coal properties.
Numerous calls and emails concerning so called "drop" in gold price. Every bull market has periods of consolidation and corrections.
Globex Mining has cancelled Brookmount Explorations Inc.'s option on its Mooseland gold prospect in Halifax County, N.S. after the company failed to meet cash requirements.
G2 Resources Inc. announced Friday that it has signed a joint-venture agreement with an unnamed industry parter giving it the right to drill in the Kaybob area of Alberta.
Fortune Minerals Ltd. estimated its Mount Klappan coal project could cost up to C$522 million to develop, depending on the production rate of the mine, according to the company's bankable feasibility study.
Fording Canadian Coal Trust's third-quarter net income jumped to C$427 million from C$41 million in the same period in fiscal 2004, the company announced late Monday.
Words of advice in a letter to Ben Bernanke.
Junior miner First Nickel Inc. said Monday it has received promising results from drilling at its Bowell property near Sudbury and reported that mining has started at the Lockerby mine.
With some help from Mother Nature, Alan Greenspan seems to have finally coerced bond players at the long end of the curve to take the other side of the trade.
African gold and diamond miner Etruscan Resources Inc. has reported a third-quarter loss of $8.9 million, largely on an $8.2-million writedown of a South African diamond mine.