Here are some interesting points, taken from the November 9, 2006 “Top of the Morning” Email letter, on the current consolidation occurring in the gold mining sector. (more…)

Here is some interesting data on capital raised by Canadian listed public companies during the month of October for mineral exploration and development around the world. 

Total Amount Raised:   C$434,476,604.00
Total Flow Through:   C$129,846,024.00
Total for Base Metals:   C$244,589,721.00 (Between 35 companies)
Total for Precious Metals:   C$307,397,075.00 (Between 46 companies, 26 specializing in Gold)
Total for Diamonds:    C$11,923,582.00 (Between 5 companies)

Top Brokers by Value Raised:  Pacific International with C$34,073,125.00 and Sprott Securities with C$30,000,435.00
Top Regions:    Canada (with 74 companies, 29 of which have operations in BC) Latin America (Between 14 companies, 3 projects?or companies? in Argentina and 3 in Chile)

Source: http://www.canadianfinancing.com/

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…

To read the full news release, click here
 

Oro Gold Resources VANCOUVER, BRITISH COLUMBIA–(CCNMatthews - Aug. 21, 2006) - Oro Gold Resources Ltd. (”Oro Gold”) (TSX VENTURE:OGR - News), has completed a first phase drill program on its Ixtapan gold property located in Mexico State, Mexico. (more…)