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- Diamond & Specialty Minerals Summary for Aug. 24, 2016
Diamcor Mining is trying to raise $5-million for Krone-Endora at Venetia in South Africa. Graphite Resources has raised $1.3-million for Graphite Creek in Alaska. Alset Energy has channel sample assays from Champion, near Kenora.
- Gold Summary for Aug. 24, 2016
Probe Metals has found a new gold zone on its Detour Quebec project, just east of the old Detour gold mine. Sphinx Resources and Sirios Resources plan to explore a property near the Eleonore mine in Quebec. Bellhaven Copper and Gold has a new CEO.
- Shell Summary for Aug. 24, 2016
Benoit Chotard's shell, Orletto Capital, has filed a prospectus for a $6-million to $10-million offering of units at 75 cents. The shell is acquiring Devonian Health Group for its QT. Richard Buzbuzian's shell, Oriana Resources, has cancelled its QT with Graphene Lighting.
- Energy Summary for Aug. 24, 2016
Canacol Energy makes a gas discovery in Colombia, again, and expands this year's drill program, again. Madalena Energy, struggling for liquidity in Argentina, puts itself up for sale. Yangarra Resources starts drilling in the Alberta Cardium.
- CMKM defendant Turino pleads guilty
CMKM Diamonds Inc. defendant Jeffrey Turino has pleaded guilty, as expected. Prosecutors said that Mr. Turino operated behind the scenes during the massive fraud, helping route billions of shares through nominees.
- Diamond & Specialty Minerals Summary for Aug. 23 2016
Dominion Diamond says the diamond market is stable after a buoyant start to the year. Sunvest Minerals has acquired a cobalt play in Northern Ontario. Scientific Metals has acquired a lithium project in Utah.
- Gold Summary for Aug. 23, 2016
Midas Gold plans more drilling on its Stibnite gold project in Idaho to improve the project economics. Terrax Minerals has expanded its drill program at Yellowknife City. Pure Gold Mining has added another drill to its program at Madsen, near Red Lake.
- Shell Summary for Aug. 23, 2016
Marc Cernovitch and David Sidoo's capital pool shell, North South Petroleum, has changed its name to Advantage Lithium. It expects to close its Nevada lithium QT and a $4-million financing by Friday. It is selling subscription receipts at 25 cents.
- Energy Summary for Aug. 23, 2016
Parex Resources further expands its Jacana oil field in Colombia. Gear Energy reaches the halfway point of its drill program in Alberta. Investors bristle at Alberta Oilsands' plan to merge with and recapitalize Marquee Energy.
- SEC wins $1.16-million (U.S.) fine for Canas
The SEC has won $1.16-million (U.S.) in civil sanctions against Cedric Canas Maillard, one of those charged for insider trading in Potash Corp. of Saskatchewan. The SEC said he traded the company ahead of a $40-billion (U.S.) takeover offer.
- Diamond & Specialty Minerals Summary for Aug. 22, 2016
Kennady Diamonds has picked up more ground near Gahcho Kue from GGL Resources. Tasman Metals has shareholder approval for its merger with Flinders Resources. AIS Resources has approval to acquire three metals plays in Quebec.
- Gold Summary for Aug. 22, 2016
Newmarket Gold has received encouraging assays from several zones at its Cosmo mine in Australia. Thor Explorations has acquired the Segilola gold project in Nigeria. Atac Resources has begun a new phase of drilling at Rackla, in Yukon.
- Shell Summary for Aug. 22, 2016
David Brett's shell, Inovent Capital, is acquiring a Newfoundland Au-Cu-Zn property for its QT. Its former QT target, Canada Jetlines, now hopes to go public through Jet Metal Corp. Neil Selfe's SPAC, Infor Acquisition, has filed a prospectus for its merger with ECN Capital.
- Energy Summary for Aug. 22, 2016
Birchcliff Energy sets its sights on production of 100,000 barrels a day, while an analyst sets his sights on a possible dividend. Valeura Energy awaits government approval of its planned farm-out in Turkey. TransAtlantic Petroleum chips away at its debt.
- SEC target Husain protests shell factory charges
SEC target Imran Husain has asked that a judge dismiss charges against him for a shell factory scheme. He says that he did not defraud anybody in creating and selling the shells.
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