A Worthless Dollar in 2009 Predicts Expert Kevin DeMeritt, President of Lear Capital

In 2009, investors can look forward to a worthless dollar, according to Kevin DeMeritt, president of Lear Capital. The Fed is going to print more and more money while spending trillions on stimulus packages. Interest rates are at their lowest in history. This will all add up to a worthless dollar with... Read more..

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MetalCORP and Kennecott Sign Agreement on the GUP Project Located 300km West of Thunder Bay, Ontario, CANADA

MetalCORP Limited announce the signing of an option agreement with Kennecott Canada Exploration Inc. , an indirect wholly-owned subsidiary of Rio Tinto plc, a leading international mining group headquartered in London, UK. Kennecott has the right to earn 51% interest in MetalCORP’s GUP project... Read more..

Colossus Minerals Appoints Geotechnical Consultancy and Advances Geotechnical Investigations of the Serra Pelada Gold-Platinum-Palladium Project

Colossus Minerals Inc. announce the appointment of Kevin Rosengren and Associates, and GeoTek Solutions to undertake geotechnical investigations of the Serra Pelada gold-platinum-palladium deposit (”Serra Pelada”) and its surrounds. Serra Pelada (Brazil) is a Colossus-COOMIGASP joint venture. The... Read more..

Alcoa Supplies Spaceframe for Ferrari California

Alcoa Wheel and Transportation Products announced today that it has been selected by Ferrari S.p.A. to supply the all-aluminum spaceframe for the upcoming Ferrari California. The California, recently unveiled at the Paris International Motor Show, is the latest performance vehicle from Ferrari. The strength... Read more..

Golden Harp Resources completes 1,556-metre drill program to test gold-bearing green carbonates at MC Zone

Golden Harp Resources Inc. announced that it has completed a 1,556-metre (approximately 5,106 ft) diamond drill program to continue testing the significant gold potential at the Company’s new MC Zone. Three holes were completed on the MC Zone and two additional drill holes were completed to evaluate... Read more..

Cypress & Skyharbour Enter Balmer Assemblage

Cypress Development Corp. and Skyharbour Resources Ltd. provides an update from the field regarding its ongoing drill program on their Cypress (80%) Skyharbour (20%) owned Broulan Reef property in Red Lake, Northwestern Ontario. The Broulan Reef property is situated along the prolific Red Lake trend,... Read more..

Skyharbour and Cypress Provide Update on their Red Lake/Bruce Channel Drill Program, NW Ontario

Skyharbour Resources Ltd. and Cypress Development Corp. are pleased to issue an update on their Red Lake/Bruce Channel drill program. The plan for this ongoing drill program is to explore the southern extension of the Bruce Channel deposit, which is being developed by Gold Eagle Mines Ltd. The Bruce... Read more..

Mining company Goldcorp Inc. to buy junior natural resource company Gold Eagle for $1.46B

Mining company Goldcorp Inc. has told the pres that the company will acquire Canada’s Gold Eagle Mines Ltd. for $1.46 billion in cash and stock in a move to capture the Bruce Channel gold discovery. Under terms of the deal, each share of Gold Eagle not already owned by Goldcorp will be exchanged... Read more..

Mining company Goldcorp Inc. reports unexpected 2nd-quarter loss on lower production

Mining company Goldcorp Inc has just published a report saying that reported a loss in the second-quarter on lower-than-expected gold production and tax-related charges, and warned production will decline in 2008. Goldcorp reported a loss of $9.2 million, or 1 cent per share, compared with earnings of... Read more..

Mining company Goldcorp Inc. lowers production outlook for 2008 on delays, cost pressures

Mining company Goldcorp Inc. told the press that the company lowered its production outlook for the rest of the year, citing production delays, industry-wide cost pressures and a previously reported shortfall. The company now expects to produce 2.3 million to 2.4 million ounces of gold at a total cash... Read more..