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September 04, 2007
Vista Gold Corp. Receives Exploration Licenses and Announces Drill Results at Mt. Todd Project, Australia, and Reviews Cash Position
DENVER, Sept. 4 /PRNewswire-FirstCall/ -- Vista Gold Corp. (Amex: VGZ - News; TSX: VGZ - News) announced today that it has received four exploration licenses ("ELs") covering about 110,633 hectares primarily to the north- northeast of Vista's Mt. Todd gold mine in the Northern Territory, Australia. The ELs had been held in reserve status by the Northern Territory government prior to Vista acquiring the project. Vista's management believes exploration potential for gold and other minerals on thes... (15 KB) |
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August 21, 2007
Platinum, Palladium Futures Fall in New York, Following Dow
By Halia Pavliva
Aug. 21 (Bloomberg) -- Platinum and palladium fell in New York, following the Dow Jones Industrial Average, amid concerns slowing economic growth will cut demand for the metals, used mostly in pollution-control devices for cars and trucks.
U.S. stocks dropped, led by homebuilders, as real-estate foreclosures almost doubled in July and Banc of America Securities LLC said rising borrowing costs will reduce home sales. Platinum has dropped 8.1 percent from a record $1,353.80 ... (2 KB) |
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August 21, 2007
Gold Future Rises in New York as Dollar Falls; Silver Gains
By Halia Pavliva
Aug. 21 (Bloomberg) -- Gold rose in New York after the dollar fell against the euro, strengthening the appeal of the precious metal as an alternative investment. Silver also gained.
The dollar fell against the euro and yen as traders increased bets the Federal Reserve will reduce its overnight lending rate between banks. Gold has gained 4.7 percent this year while the euro has climbed 2.2 percent against the dollar in the same period.
''You've got the dollar a little lo... (2 KB) |
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August 21, 2007
Keegan Drills 186m of 1.12 g/t, 102m of 1.01 g/t, and 7m of 4.83 g/t Au in Step Out Drilling at Esaase Gold Project
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Aug 21, 2007 -- Keegan (CDNX:KGN.V - News) is pleased to release the results of 27 new drill holes drilling at Esaase. The total area of detailed drilling now covers approximately 1300 meters by 200-600 meters with depths between 100-300 meters (see www.keeganresources.com for a map showing drill hole locations and grade thickness data). Significant intercepts were encountered in 26 of 27 holes. Some of the highlights include 48 meters of 2.02 g/t Au (... (15 KB) |
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August 21, 2007
CABO to Drill 6,700 Meters for New Millennium Capital at Kemag Iron Ore Project in Quebec
NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 21, 2007) - Cabo Drilling Corp. (TSX VENTURE:CBE - News; "Cabo" or the "Company") announces that New Millennium Capital Corp. of Calgary, Alberta, has awarded Cabo's Ontario division a contract to drill 6,700 meters (NQ diameter core) on New Millennium's (TSX VENTURE:NML - News) 100% owned KeMag Iron Ore project near Lac Harris in Quebec.
This is Cabo's second contract with New Millennium. The Company's first contract for 8,000 meters of B... (3 KB) |
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August 21, 2007
Western Troy Announces Claim Staking on Molybdenum Prospect in Northern Quebec
TORONTO, ONTARIO--(Marketwire - Aug. 21, 2007) - Western Troy Capital Resources Inc. (TSX VENTURE:WRY - News; "Western Troy") announced that it has map staked 150 claims in the Lac Viau area of the Caniapiscau Region of Quebec which is approximately 300 kilometers Northeast of Chibougamau. The property comprises about 85 sq. km. of prospective ground and has been named the "Holmstead" prospect by Western Troy.
The claims were staked in an area where anomalous values in molybdenum, zinc, rare ... (5 KB) |
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August 17, 2007
Gold, Silver Rebound as Dollar Drops on Fed's Discount-Rate Cut
By Stewart Bailey
Aug. 17 (Bloomberg) -- Gold in New York rose the most since February, and silver rebounded after the Federal Reserve reduced its discount rate, sending the dollar lower and increasing the allure of precious metals as an alternative investment.
The Fed cut the rate at which it makes direct loans to banks by 0.5 percentage point to 5.75 percent and said it's prepared to take further action following the rout in global credit markets. Gold often moves in the opposite directi... (2 KB) |
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August 17, 2007
Copper Rises in N.Y. as Fed Cuts Rate, Easing Growth Concerns
By Halia Pavliva
Aug. 17 (Bloomberg) - Copper rose, ending a three-day slump, after the U.S. Federal Reserve cut its discount rate, easing concerns economic growth and metal demand will slow.
The central bank, in an unscheduled announcement, today cut the rate at which it makes direct loans to banks by 0.5 percentage point to 5.75 percent. The Fed said it's prepared to take further actions to "mitigate" damage to the economy from the rout in global credit markets. Copper had dropped 10 per... (3 KB) |
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August 17, 2007
Oil Rises as Federal Reserve Applies Emergency Rate Reduction
By Robert Tuttle
Aug. 17 (Bloomberg) - Crude oil rose the most in two weeks as the U.S. Federal Reserve lowered its discount rate to prevent an economic slowdown and a hurricane bound for the Gulf of Mexico may threaten oil rigs, pipelines and refineries.
Futures rose as high as $72.54 a barrel after the Fed reduced the rate it charges for direct loans to banks by 0.5 percentage point to 5.75 percent. Lower rates may spur economic growth and increase oil demand at a time of higher-than-nor... (3 KB) |
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August 17, 2007
Imagenetix Inc. to Present at Noble Small Cap Financial Conference on August 21, 2007
Expects to See Substantial Sales Growth Balance of Year
SAN DIEGO, Aug. 17 /PRNewswire-FirstCall/ - Imagenetix, Inc. (OTC Bulletin Board: IAGX - News), will present at the Noble Financial Equity Conference at 11:30 a.m. EDT on Tuesday, August 21, 2007 at the Charleston Place Hotel in Charleston, South Carolina.
William Spencer, Imagenetix's Chief Executive Officer will provide a 25 minute presentation outlining the science, products, and prospects for the Company. Commenting on the ... (4 KB) |
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