September 21: London-based BDI Mining Corp. announced that it is expanding operations at its Cempaka alluvial diamond mine in Indonesia. This expansion will produce up to 100,000 carats of rough stones a year.
- [AFNS] LONDON, UNITED KINGDOM 26-09-06
September 28, 2006
Vancouver, BC. - Committee Bay Resources Ltd. (CBR: TSX-V) (“Committee Bay” or “the Company”) today announced that reconnaissance mapping and stream sediment sampling conducted by the Company on the Cordón El Peñon Project has identified anomalous gold in stream silt samples in drainages over a 10km length off the leading edge of the Caracol Thrust fault, located within the southern half of the project area…
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The Mining Association of Canada warns that the level of the country’s base metal reserves have fallen by 50-80% in the last 25 years and that the industry may require up to 81,000 new workers to meet demand over the next decade.
Eight grab samples average 0.211% Mo (0.353% MoS2)
September 14, 2006, Vancouver, B.C. – Kaminak Gold Corporation (KAM: TSX-V) and project partner BC Gold Corp. (BGX.P: TSX-V) today announced the assay results from grab samples taken from a new surface molybdenum discovery on Kaminak’s 100% owned Voigtberg Au-Cu-Mo Property. Kaminak has also completed the previously announced (see Kaminak News Release dated August 22, 2006) drill program at the Voigtberg Property.
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According to the Organization for Economic Cooperation and Development (OECD), uranium exploration spending will double this year on the back of higher prices and a renewed commitment to nuclear energy from the major consuming nations. OECD analyst Robert Vance expects spending of around US$400 million versus US$200 million in 2005. Exploration expenditures are expected to stay high as long as uranium prices stay high.
- RBC Capital Markets Intraday Comments September 12, 2006