Dorato Resources Inc. (TSX VENTURE:DRI)(FRANKFURT:DO5)today announced the receipt of positive gold-silver and base metal geochemical results received from Minera Afrodita. This was related to the high priority Lucero geophysical target on the Condor Gold-Copper Belt project in northern Peru (previous News Release NR09-03).
Stingray Copper Inc. (TSX:SRY)and Mercator Minerals Ltd. (TSX:ML) today announced the joint signing of a definitive Arrangement Agreement that sets out the details of the business combination that was previously announced by the companies in their earlier news release of October 2, 2009.
Greenock Resources Inc. (TSX VENTURE:GKR) today announced it has completed a letter of intent with District Gold Inc., a private company, to acquire entire 100% of the Needles Project located in the State of Nevada.
African Copper (AIM:ACU)(BOTSWANA:AFRICAN COPPER) today announced the appointment of Prof. Stephen Simukanga as a new Independent Director to the Board of the Company.
Tirex Resources(TSX VENTURE:TXX) today updated on drilling at Letitna.
Copper strengthened a little from one week low on Thursday. The dollar remained weak.
Lund Gold Ltd. (TSX VENTURE:LGD) started its exploration at its newly optioned Don-Don Property, accessible by road 250 kilometres north of Ft. St. James and situated in the Omineca Mining Division of British Columbia.
Coronado Resources Ltd (TSX VENTURE:CRD) has gold assay results from the evaluation of first two diamond drill holes designed to test the extent of the gold zones and attempt to locate more high-grade copper zones.
On Tuesday, Inmet Mining declared that their third quarter profit fell 18 perecnt due to lower sales volume. Hence, the company has cut its full – year production outlook.
Weak confidence data drived US copper below $3/lb on Tuesday. The consumer confidence level is lower than expected and it also fanned concerns about economic recovery.
Friday, October 30, 2009